MATTAWAN, October 2, 2006: MPI Research, a global leader in preclinical drug discovery and development research, is pleased to announce its acquisition of Exygen Research. Located in State College, PA with a scientific staff of 90+, Exygen Research provides high quality contract analytical services to the pharmaceutical, biotech, chemical, and related industries.

MPI Research, a full service contract research organization providing a broad spectrum of preclinical research services to the same industries as Exygen, is undergoing a growth initiative in response to customer demand. The purchase of Exygen allows them to offer an expanded range of analytical capabilities. According to Bill Parfet, CEO of MPI Research, "The acquisition of Exygen Research brings a synergy to our organization that underscores the premise that the whole really is greater than the sum of its parts. Exygen culture, mission, and values are all very similar to those of MPI Research. It is a union that greatly benefits both organizations. I am confident that our Sponsors will be as excited as we are about joining forces with Exygen!”

Exygen Research will continue to operate from its State College location, and will assume the management of all analytical services including those offered at the Mattawan site. The only anticipated change resulting from the acquisition is that customers currently doing business with Exygen will now have access to an expanded range of preclinical drug discovery and development research services. Rick Grazzini, PhD, President of Exygen Research, states, "Our customers will not see a change in the quality and timeliness of service that they have become accustomed to receiving from us. We will continue to provide the attention to detail and customer responsiveness for which we are known. Additionally, we are very pleased that we can now offer an expanded service platform, which will further enhance our ability to meet the research needs of our customers.”

With 160 talented professionals dedicated solely to analytical services, 60,000 ft2 of analytical laboratory space, and 38 LC-MS-MS systems, MPI Research is a world class leader in providing comprehensive, cutting-edge analytical services. Across the company’s entire scope of offerings, the 1,200 toxicologists, technicians, veterinarians, pathologists, scientists, and support staff of MPI Research are committed to assuring the success of our Sponsors.

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