OCTAGON RESEARCH SOLUTIONS MAKES THE PHILADELPHIA 100^® AS ONE OF THE REGION’S FASTEST GROWING PRIVATELY-HELD COMPANIES

Wayne, PA - October 3, 2005 – James Walker, president and CEO of Octagon Research Solutions, is pleased to announce that Octagon has been recognized as one of the fastest growing privately-held companies in the ten-county Philadelphia region. Octagon is a leading process-centric solutions provider that offers a suite of regulatory, clinical, process and IT solutions to the life sciences industry. 

The 2005 Philadelphia 100 marks the 17th anniversary of the founding of this prestigious research project and event. Octagon will be honored at the 2005 Philadelphia 100 Awards Dinner and Ceremony, held on October 27, 2005, at the Wyndham Franklin Plaza Hotel at 17th and Race Streets from 5:30 p.m. to 9:00 p.m. This year’s event is being sponsored by Reed Smith (Gold), Sabre Systems (Bronze), National Penn Bank (Bronze), Wachovia Bank (Bronze) and The Philadelphia Business Journal (Media Sponsor).

 “We are pleased to receive this acknowledgement of our efforts for the third year in a row,” commented Walker. “Octagon’s continued success is due in large part to the internal talent and expertise that is evident in all of our solutions. We look forward to leveraging this talent and expertise as we expand our offerings to accommodate changing industry needs.”

The Philadelphia 100 was founded in 1988 to publicly identify, recognize and promote young successful companies in the Greater Philadelphia region. Previously recognized companies include NovaCare, Forman Mills, ATX, Mothers Work, Diamond Couriers, West Coast Video, Spectacor, Urban Outfitters and Kremer Laser Eye Center, among many others. The Philadelphia 100 is a meritorious designation based on verifiable revenue growth as reported on federal tax forms. The Philadelphia 100 is a registered trademark of the Entrepreneurs’ Forum of Greater Philadelphia, The Philadelphia Business Journal and The Wharton Small Business Development Center. For more information about the Philadelphia 100, please visit the Web site at www.Philadelphia100.com.

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 Wayne, PA, with offices in Boston, MA, and Costa Mesa, CA and European Headquarters in Amersham, UK. For more information please visit www.octagonresearch.com.