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Press Release: March 12, 2004

Aris Global and Research Dynamics Partner to Optimize Technology Investments, Improve Clinical Trials Processes

STAMFORD, CT and ROCHESTER, NY, March 12, 2004 – Aris Global, LLC a leading provider of technology solutions to the life sciences industry and Research Dynamics Consulting Group, Ltd (RDCG) a specialty Contract Research Organization (CRO), today announced that the two companies have joined forces to assist pharmaceutical, biotechnology and medical device organizations improve clinical trial execution and control costs through the use of e-clinical research technology and improved business processes.

The two companies began working together in September, 2003 when they formed a strategic partnership to provide a new paradigm in clinical trial management by maximizing the use of web-based technology. Research Dynamics joined the globalTRIALS™ Management Solution-Partner Program, a collaborative solution development consortium, to work with Aris Global and industry thought leaders in the design of advanced technology solutions to meet market needs. “For years, clinical research professionals have attended conferences, trade shows and case study presentations in search of new methods to manage clinical trials more efficiently. Speakers are often questioned about the systems and tools used to manage their studies and the answer is almost always the same - multiple disparate systems and databases, MS Office applications and labor intensive processes”, states John D. Kofoed, Director of globalTRIALS™ Solutions, the next generation CTMS product developed by Aris Global. “Although many companies have implemented commercial-off-the shelf (COS) data management (DMS) and electronic data capture systems (EDC), trial managers acknowledge that they still need to resolve many of the same issues they faced before investing in DMS and EDC,” adds Kofoed.

Aris Global began deploying CTMS applications in 1989. In 2001, the company released the first version of globalTRIALS™, a web-based, enterprise–class technology platform and a suite of applications capable of integrating all of the people, business processes and systems involved in designing, managing, conducting, recording and reporting of trials. “After development of the core application, we began to look for a select number of sponsors and CROs that had a strategy to implement new technology and would commit to working with us in analyzing business process, workflow and change management issues. Collectively, we have been developing best practices, integration and phased implementation methodologies that take into consideration internal processes and extend to external business entities in support of the outsourcing model.”

“We are fortunate to have a partner like Research Dynamics. The staff is passionate about the project, they have extensive experience in SOP development and training of CRA’s, and the CEO of RDCG has worked directly with other companies in defining functional requirements for early clinical trials management systems. We began discussions immediately after the DIA last year," adds Kofoed.

Research Dynamics has emerged as a leader in the CRO industry for championing a more cost-effective and efficient clinical trial conduct model. Lorraine Ellis, President and CEO of Research Dynamics explains: “The key to a successful trial is timely information flow – among all members of the study team. A properly designed CTMS utilizing web access technology, when combined with the proper workflow and processes to capitalize on that technology provides real time trial status information to sponsors, sites, and CROs. Informed decisions can be made faster, and changes can be implemented more quickly when information is immediately available”. globalTRIALS provides the foundation to do just that and more. “Aris Global shares our vision of using technology to optimize the entire clinical trial process and has worked with us to tailor globalTRIALS™, a system that is flexible enough to help us meet the varying demands of our clients” adds Ellis. “Our partnership with Aris Global is one of the cornerstones of the strategic alliances we have formed to turn our vision into reality”.

Research Dynamics and Aris Global have developed workshops and consulting services focused on improving workflow and clinical trial management practices in order to optimize technology investments. The combination of advanced technology and improved processes enables real-time access to trial management data for all team members and other business functions including project management, clinical development, medical affairs, finance, supply, records management, safety, regulatory, data management, biostatistics, legal, business development and marketing.

About Aris Global

Since 1985, Aris Global has been the leading provider of integrated software solutions and services to pharmaceutical companies, biotechs and CROs. With almost 20 years of pharmaceutical industry experience and worldwide offices in USA, Europe and Asia-Pacific, Aris Global offers a comprehensive software suite that can help your company to meet global regulatory requirements, manage risk, improve operational efficiencies and easily share information on a global basis. A full service provider, Aris Global has the resources and expertise to ensure the smooth introduction of software across your global enterprises, through a range of consultative services including implementation, data-migration, validation, systems integration, training and custom development. For more information on Aris Global, visit www.arisglobal.com, or email us at info@arisglobal.com

About Research Dynamics Consulting Group

Research Dynamics Consulting Group, Ltd., founded in 1993, is a privately held Contract Research Organization that provides services and management for Phase I-IV clinical trials for the pharmaceutical, biotechnology, and medical device industries. The company is a leader in SOP development, and provides training and research products to a wide range of clinical research professionals. Research Dynamics specializes in providing high quality clinical research services cost-effectively through the use of leading edge technology and experienced people. The company, headquartered in Rochester, NY, has been named a "Rochester Top 100 Company" for the past two years.