Clinical Data Reports Record Fourth Quarter And Fiscal Year 2004 Results; Revenues Increased 231%- Net Profit Increased 1320% For Fiscal Year

Clinical Data, Inc. (NASDAQ:CLDA) announced today consolidated revenues and earnings for its fourth quarter and fiscal year ended March 31, 2004.. Revenues for the fourth quarter ended March 31, 2004 were $15.74 million as compared to $4.39 million for the same period a year ago. The Company reported net income of $1,443,000 and net income applicable to common stockholders of $1,410,000 for the three months ended March 31, 2004 or $0.33 per share for the three months ended March 31, 2004 as compared to a loss of $(50,000) or $(0.03) per share in the three months ended March 31, 2003.