etrials Named To The Inc. 500 List Of The Fastest Growing Private Companies In The U.S.

MORRISVILLE, N.C., Oct. 25 /PRNewswire/ -- etrials Worldwide, Inc., a software and services company offering fully integrated, easy-to-use eClinical software for the clinical trial process, today announced that it has been named to Inc. magazine’s annual Inc. 500 ranking of the fastest growing private companies in the country. The Inc. 500 ranks privately held companies according to year-over-year sales growth from 2001 to 2004.

“From our first day, we have fostered and promoted innovation as a key component to making the important work our clients do in drug research successful,” said John Cline, CEO of etrials. “Through our own innovations in products and process, we have demonstrated our leadership role in easy-to-use eClinical technologies, while at the same time growing a strong company.”

“When you look at the amazing job growth among Inc. 500 companies and contrast it with the stagnation in the Fortune 500, it underscores the changing nature of our economy,” said Jim Melloan, project manager for the Inc. 500. “With unprecedented global competition, companies have to be able to turn on a dime and discover innovative new ways of doing business. Increasingly, it’s the smaller, agile companies like those on the Inc. 500 that are best equipped to meet these challenges.”

To be eligible for this year’s Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales. Companies are ranked on cumulative three-year sales growth from 2001 to 2004. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.

The Inc. 500 can be found in the November issue, which appears on newsstands November 1.

About etrials Worldwide, Inc.

etrials is a software and services company dedicated to making eClinical easy. We offer pharmaceutical, biotechnology and contract research organizations a fully integrated suite of eClinical software including electronic data capture (EDC), electronic patient reported outcomes (ePRO), interactive voice response (IVR) and analytics to support the entire clinical trial process, from collection and cleaning to the integration and review of data. Our expertise includes studies from Phase I to post-approval. To date, our team of professionals has participated in over 450 clinical trials in more than 50 different countries.

etrials makes easy-to-use technologies supported by people who are just as easy to work with. Visit us at www.etrials.com.

About Inc.

Inc., the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today’s innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc. is also the only publication that focuses on small to medium-size businesses, responsible for more than half the nation’s gross domestic product and 70% of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our readers’ energy, brashness, and imagination.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. John Cline http://profnet.prnewswire.com/ud_public.jsp?userid=500964

etrials Worldwide, Inc.

CONTACT: Lorra Gosselin of etrials Worldwide, Inc., +1-919-653-3400, orpr@etrials.com; or Ryan Clancy, +1-212-255-8455 ext. 22, orryanc@rosengrouppr.com, or Diane Stefani, +1-212-255-8455 ext. 27, ordiane@rosengrouppr.com, both for Inc. 500

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