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ReSearch Pharmaceutical Services, Inc. Unaudited Quarterly Report for the Period Ended September 30, 2009
Date:11/13/2009

449 2,555 1,233 ----- ----- ----- ----- EBITDA $3,222 $1,712 $7,677 $6,773

Financial Data

         ReSearch Pharmaceutical Services, Inc. and Subsidiaries
                 Condensed Consolidated Balance Sheets

                                                  September 30,  December 31,
                                                        2009         2008
                                                        ----         ----
    Assets                                          (unaudited)
    Current assets:
     Cash and cash equivalents                      $6,193,010   $6,565,003
     Restricted cash                                 4,911,223    7,247,532
     Accounts receivable, less allowance for
      doubtful accounts of $806,000 at September
      30, 2009 and $654,000 at December 31, 2008,
      respectively                                  50,774,249   43,225,016
     Current deferred tax asset                        989,433      970,797
     Prepaid expenses and other current assets       1,893,342    2,377,838
                                                    ----------   ----------
    Total current assets                           $64,761,257  $60,386,186

    Property and equipment, net                      6,043,407    5,993,386
    Other assets                                     1,351,173    1,179,018
    Intangible assets subject to amortization, net   3,145,737    3,880,000
    Goodwill                                        17,323,504   15,145,585
    Deferred tax asset                                 504,366      504,366
                                                   -----------  -----------
    Total assets                                   $93,129,444  $87,088,542
                                                   ===========  ===========

    Liabilities and stockholders' equity (deficit)
    Current 
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SOURCE ReSearch Pharmaceutical Services, Inc.
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