WALTHAM, Mass.--(BUSINESS WIRE)--Phase Forward Incorporated (NASDAQ: PFWD), a leading provider of data management solutions for clinical trials and drug safety, announced today that it will release financial results for the quarter ended June 30, 2007 and hold a conference call with investors on Tuesday, July 24, 2007. The Company plans to hold the investor conference call, hosted by Bob Weiler, president and chief executive officer, and Rodger Weismann, senior vice president and chief financial officer, to discuss its second quarter financial results and its outlook for the third quarter and remainder of 2007. The call will be held on Tuesday, July 24, 2007, at 5:00 p.m. (EST).