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OCTAGON RESEARCH SOLUTIONS ANNOUNCES FIRST VIEWPOINTTM SALE

ViewPoint Selected by Major Global Pharmaceutical Company

KING OF PRUSSIA, PA - December 16, 2004 - Octagon Research Solutions, the leader in the electronic transformation of clinical R&D, today announced that one of the world's largest global pharmaceutical companies has selected ViewPointTM, Octagon's Submission Process Management Solution, to manage complex, cross-functional processes in support of regulatory submissions.

ViewPoint enables users to manage content, resources, tasks and issues across the entire submission lifecycle. It provides the unobtrusive collection and immediate presentation of process metrics that empower managers to seek innovative ways to optimize the cross-functional processes that span clinical R&D.

The client selected ViewPoint because they required a solution that would not only support their current environment but would also provide the flexibility to support changes within internal processes and functional groups.  The client plans to implement ViewPoint as a critical component of their organization's process improvement strategy, enabling them to gain visibility across their processes in real-time, ensuring accurate control, tracking and process optimization.

James Walker, president and CEO of Octagon noted, "We are thrilled by the early success of our solution in such a competitive marketplace and we are excited to be able to offer our ViewPoint solution to such a valued client.  The industry is evolving and beginning to understand that the process efficiency is a huge competitive advantage and that solutions that provide process visibility and control will distinguish industry leaders from their competition.  This milestone event is evidence of Octagon's continued leadership in defining the future of Submission Process Management."

About Octagon Research Solutions, Inc.

Octagon is a leading process-centric solutions provider that offers a suite of regulatory, clinical, process and IT solutions to the life sciences industry. Octagon synchronizes processes and increases automation to reduce island-to-island inefficiencies within the clinical research and development process. We leverage the power of electronic submissions through cross-functional eSub expertise, a holistic process approach, deep domain knowledge and creative use of technology. Octagon is headquartered in King of Prussia, PA, with an office in Boston, MA. For more information please visit www.octagonresearch.com.


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