Announcements

PROFORMANT, INC. AND EGAN GROUP, L.L.C. ANNOUNCE SERVICES PARTNERSHIP

Services partnership integrates complementary process expertise of PROFORMANT and Egan Group.

Framingham, MA, and Saint Louis, MO, August 24, 2001 — PROFORMANT, Inc. and Egan Group, L.L.C. announced today that they have entered into a services partnership.

“The superb executive resources provided by Egan Group’s management partnership business model are an obvious fit with our project-based service model,” said Joseph Kozikowski, M.D., Chairman and Managing Partner of PROFORMANT. “This services partnership provides our clients with immediate access to Egan Group’s executive resources that enable seamless transition into rapid enterprise growth,” he continued.

“We are pleased and excited about our relationship with PROFORMANT, as they have an outstanding track record of success across the complete span of corporate development,” said Bob Egan, Managing Partner of Egan Group.

The services partnership formalizes a long-standing professional relationship between the two organizations. “Bob Egan and I have successfully integrated our teams many times before, so the synergy of this partnership has already been validated,” said Dr. Kozikowski.

Further to Dr. Kozikowski’s comments, “The synergy of our two organizations’ core competencies as well as our previous collaborations should provide for very unique and comprehensive service offerings,” said Mr. Egan.

About PROFORMANT, Inc.

PROFORMANT delivers expertise and strategic consulting that enables pharmaceutical, biotechnology, medical device, and diagnostics companies to achieve new milestones of growth, competitive advantage, and value.

Visit PROFORMANT online at www.proformant.com

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