OCTAGON APPOINTS CHIEF ADMINISTRATION OFFICER AND CHIEF FINANCIAL OFFICER
WAYNE, PA - March 9, 2005 - Octagon Research Solutions, the leader in the electronic transformation of clinical R&D, today announced two significant senior management appointments.
Robert LaClair, who previously served as Chief Financial Officer, is being appointed to the newly created position of Chief Administrative Officer. Simultaneously, the company is announcing the appointment of David DiFelice to the role of Chief Financial Officer.
Mr. LaClair, a five-year veteran of Octagon will be responsible for contract management, facilities and expansion planning and organization-wide administrative functions. Prior to his tenure at Octagon, Mr. LaClair held various financial and accounting positions including his most recent role as Company Controller and Operational Flow Manager for SL Waber, a multi-national manufacturing firm.
In his new role, Mr. DiFelice will be responsible for strategic financial planning, and directing the organization's overall financial policies. Prior to joining Octagon, Mr. DeFelice served as Chief Financial Officer for various companies including Assessment Systems, Inc. a Safeguard investment portfolio company.
"These appointments are being made as a result of significant organizational growth," commented James Walker, president and CEO of Octagon Research Solutions. "As we continue to expand, we need to make sure that proper focus is given to these two critical areas of the business. The strong leadership provided by Rob and Dave in their respective areas, will ensure our continued success and help us to manage our explosive growth more effectively."
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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