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 September 30, 2006 and hold a conference call with investors on Wednesday, October 25, 2006. 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 third quarter financial results and its outlook for the final quarter of 2006. The call will be held on Wednesday, October 25, 2006 at 5:00 p.m. (EST).