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LINEBERRY RESEARCH ASSOCIATES RECOGNIZED AS WINNER OF 1999 TECHNOLOGY FAST TRACK AWARD

Research Triangle Park, NC (August 20, 1999) – Lineberry Research Associates, L.L.C. (LRA), a full-service pharmaceutical contract research organization and consulting firm, was named as a winner of the 1999 Technology Fast Track Award, recognizing LRA as one of the fastest growing technology companies in North Carolina. The Fast Track Award is a new category created this year by the North Carolina Technology Fast 50 program in order to recognize rapidly growing companies with 4 years of operations.

LRA was one of nine firms to win the Fast Track Award, sharing the spotlight with companies such as Red Hat Software, Inc. and Interpath Communications Inc. "We were very pleased to be honored as one of the fastest growing technology companies in our state," said Charles Lineberry, Ph.D., President of LRA. "We credit our staff for producing quality work that ensures our enduring success, and we thank our clients for their continuing confidence in LRA."

LRA has a client roster that includes more than 30 pharmaceutical and biotechnology companies in the U.S. and abroad. One of the most meaningful indicators of LRA’s success is a repeat business rate of more than 90%. The company has expertise in a wide variety of therapeutic areas, including central nervous system, analgesia and oncology research.

The North Carolina Technology Fast 50 Program is sponsored by Deloitte & Touche, LLP, J&H Marsh & McLennan, Womble Carlyle, the Business Journals of North Carolina, Marion Bass, Fortune Personnel, and the Council for Entrepreneurial Development.

Lineberry Research Associates provides complete drug development capabilities, from IND application to NDA approval and post-marketing. In addition to managing clinical trials, the company offers pharmaceutical and biotechnology clients high level strategic and regulatory consulting services and expertise in scientific writing and medical communications.

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