PHILADELPHIA, Dec. 7 /PRNewswire-FirstCall/ -- eResearchTechnology, Inc. (eRT), , a leading provider of centralized electrocardiographic (ECG) collection and interpretation services, announced today that Bruce Johnson, Senior Vice President and Chief Financial Officer, has informed the company of his plans to retire during 2006. The company has commenced searching for a successor for Mr. Johnson who will continue in his current position during the recruiting process and will assist during the transition period once the position has been filled.
“It has been a privilege to work at eRT for the past six years and I am very proud of the highly capable team that we have created,” said Johnson. “I am one hundred percent committed to working with eRT’s senior management and board of directors to ensure a smooth transition.”
“Bruce has been an exceptional asset to eRT and we deeply appreciate all of his efforts to help build the company into the leading cardiac safety lab in the world. We wish him the best in this next chapter of his life,” said Joseph Esposito, president and chief executive officer of eRT.
Based in Philadelphia, PA, eResearchTechnology, Inc. (http://www.eRT.com) is a provider of technology and services to the pharmaceutical, biotechnology and medical device industries on a global basis. The company is a market leader in providing centralized core-diagnostic electrocardiographic (ECG) technology and services to evaluate cardiac safety in clinical development. The company is also a leader in providing technology and services to streamline the clinical trials process by enabling its customers to automate the collection, analysis, and distribution of clinical data in all phases of clinical development.
Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand, and the company’s ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. As a result, actual results may differ materially from any financial outlooks stated herein. Further information on potential factors that could affect the company’s financial results can be found in the company’s Reports on Form 10-K and 10-Q filed with the Securities and Exchange Commission.
eResearchTechnology, Inc.
CONTACT: Joan Sterlacci, eResearchTechnology, Inc., +1-908-203-6473; orMatt Hayden, Hayden Communications, +1-858-704-5065
Web site: http://www.ert.com/
