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PDI Reports 2012 Fourth Quarter and Year End Financial Results
Date:3/6/2013

uncertainties and other factors that may cause PDI's actual results to be materially different from those expressed or implied by any forward-looking statement. For example, with respect to statements regarding projections of future revenues, growth and profitability, actual results may differ materially from those set forth in this release based on the loss, early termination or significant reduction of any of our existing service contracts, the failure to meet performance goals in PDI's incentive-based arrangements with customers, the inability to secure additional business or our inability to develop more predictable, higher margin business through in-licensing or other means. Additionally, all forward-looking statements are subject to the risk factors detailed from time to time in PDI's periodic filings with the Securities and Exchange Commission, including without limitation, PDI's subsequently filed Annual Report on Form 10-K for the year ended December 31, 2012 and current reports on Form 8-K. Because of these and other risks, uncertainties and assumptions, undue reliance should not be placed on these forward-looking statements. In addition, these statements speak only as of the date of this press release and, except as may be required by law, PDI undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

(Tables to Follow)PDI, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)($ in thousands, except per share data)Three Months EndedYears EndedDecember 31,December 31,2012201120122011Revenue, net

$   35,632$   38,283$  126,899$  157,291Cost of services

28,64729,582100,039124,820Gross profit

6,9858,70126,86032,471Compensation expense

3,6884,54416,41419,694Other selling, general and administrative expenses

3,0133,70511,45514,590Asset impairment

23,517-23,517-GroupDCA contingent consideration buyout and related charges

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SOURCE PDI, Inc.
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