Pharma-Bio Serv, Inc. Co-Sponsors March 27, 2007 Event “First Summit: Doing Business in Puerto Rico”

DORADO, PUERTO RICO -- (MARKET WIRE) -- March 26, 2007 -- Pharma-Bio Serv, Inc. (OTCBB: PBSV), Puerto Rico's leading pharmaceutical validation and compliance consulting service firm, announced that it will be co-sponsoring an event at the Waldorf = Astoria Hotel in New York City titled: "First Summit: Doing Business in Puerto Rico." The event will be held on March 27, 2007 and will demonstrate to local business leaders, analysts, and public and private investors the advantages of doing business in Puerto Rico.
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