PRESS RELEASES

CLINILABS JOINS THE ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS

New York, NY (August 21, 2008)– Clinilabs, Inc. is pleased to announce that it is now an official member of the Association of Clinical Research Organizations (ACRO), a professional organization of companies focused on clinical research.

As an Associate Member of ACRO, Clinilabs is among the world’s leading contract research organizations (CRO).  With an estimated number of 500 CROs operating worldwide, only a small number are active members of ACRO.  These organizations, like Clinilabs, are increasingly in demand across the entire pharmaceutical sector.  They play a significant role in clinical research and advance the process of drug development.   

“Clinilabs is honored to be a part of ACRO.  This membership further increases the Company’s exposure as a CRO capable of providing superior service to clients, both domestic and global,” stated Dr. Gary Zammit, Clinilabs’ President & CEO. 

As a member of ACRO, Clinilabs receives numerous benefits, including involvement in important activities with clients, regulators, policy makers, and other important leaders in the industry.  In addition, the Company will be able to participate in initiatives that promote the CRO industry and have opportunities for sector-specific and cross-industry networking. 

Clinilabs offers a full portfolio of clinical contract research services, including Phase 1 services at its 68-bed unit in Manhattan, full-service data management, and centralized data services at its core data center in New Jersey.  The Company provides services in all therapeutic areas, but provides clients with special expertise in central nervous system and cardiovascular drug development.  The Company’s core data center has unique offerings in centralized eCRF, ECGs, actigraphy, electroencephalograms (EEGs), and polysomnograms (PSGs) for multicenter trials.  

About Clinilabs, Inc.

Clinilabs is a specialty contract research organization (CRO) that provides a full portfolio of services to pharmaceutical, biotechnology, and medical device companies involved in early phase drug development, with specialty services in central nervous system (CNS) and cardiovascular (CV) therapeutics.  The Company also provides data management for multicenter trials through a core data center that delivers services efficiently, promptly, and cost effectively.  Established in 2001, Clinilabs has provided services to more than one third of the world’s top 20 pharmaceutical companies, and has been involved in 7 successful New Drug Applications (NDAs).  For more information, please visit www.clinilabs.com.

About ACRO

The Association of Clinical Research Organizations (ACRO) is the professional organization of companies whose focus is clinical research. The association is the voice of the CRO industry, which provides specialized services that are integral to the development of drugs, biologics and medical devices. ACRO helps its members improve the quality, efficiency and safety of biomedical research. For more information on ACRO, please visit www.acrohealth.org.

Contact:
Jeanine M. Estrada
212-981-2716
jestrada@clinilabs.com