MediData Solutions Achieves Record Expansion In Q2; Surpasses Industry's Overall Growth Rate; Leading EDC Company Expands Relationships With Global Pharmas, Biotechs & Key Contract Research Organizations

NEW YORK--(BUSINESS WIRE)--Sept. 5, 2006--Medidata Solutions, a global provider of electronic clinical data capture, management and reporting solutions, today announced the company's 22nd quarter of consecutive growth. Strength in global trial services and support, product scalability and extensibility has led to a 189 percent increase in year-over-year revenue in 2Q06, and a 171 percent increase in year-over-year revenue for 1H06. As a result, revenues generated in the first half of 2006 approximate revenues earned in full year 2005.