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PAREXEL Chairman And CEO To Ring The Bell At The NASDAQ Stock Market Opening
Date:5/29/2012

BOSTON, May 29, 2012 /PRNewswire/ -- PAREXEL International Corporation (NASDAQ: PRXL), a leading global biopharmaceutical services provider, today announced that its Chairman of the Board and Chief Executive Officer, Josef H. von Rickenbach, will ring the opening bell at the NASDAQ MarketSite in Times Square in New York City on May 30, 2012. The event is part of a series of activities celebrating the 30th anniversary of PAREXEL, which was founded by Mr. von Rickenbach and Dr. Sayigh in 1982. The ceremony will take place at 9:30 a.m. E.T. at the NASDAQ MarketSite Times Square Studio in New York City and will be broadcast simultaneously on the NASDAQ seven-story tower in Times Square.

As one of the first clinical research organizations, PAREXEL broke new ground by developing a multi-disciplinary approach to outsourced clinical development, bringing efficiencies, speed, scalability and standardization to the process. The company has continued to develop a broad portfolio of services and technologies for biopharmaceutical companies of all sizes.

Celebrating 30 years of success, today PAREXEL is one of the world's leading biopharmaceutical service providers, employing nearly 12,000 people worldwide in over 50 countries. Since PAREXEL's initial public offering in 1995, service revenue has grown from $80 million to approximately $1.2 billion at the end of Fiscal Year 2011. PAREXEL has supported nearly all of the 50 best-selling drugs on the market. PAREXEL has become a leader in strategic partnerships having signed agreements with many major pharmaceutical companies.

"For 30 years, PAREXEL has been focused on delivering safe and effective treatments to patients worldwide through the implementation and refinement of clinical development expertise and leading-edge technology," said Mr. von Rickenbach.  "We are at N
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