Paladin Labs Inc. (TSX: PLB), a leading Canadian specialty pharmaceutical company, will release its second quarter financial results on Thursday, August 3, 2006 prior to market opening. Following the release, Paladin will hold a conference call at 10:00 a.m. (EST) hosted by Jonathan Ross Goodman, President and CEO of Paladin Labs. Paladin cordially invites all interested parties to participate in this call.