ICON's Central Lab Returns to Profit



    ICON (NASDAQ:ICLR), a global provider of outsourced
    development services to the pharmaceutical, biotechnology and medical
    device industries, today announced that it now expects its Central Lab
    business unit to return to profit in the second quarter ending June
    30th, a quarter earlier than recently guided.
    "We are very pleased that strong revenue growth in the lab,
    supported by excellent new business wins, has accelerated our return
    to profitability in this unit. Our core clinical business continues to
    perform in line with plans" said CEO Mr. Peter Gray.

    About ICON

    ICON is a global provider of development services to the
    pharmaceutical, biotechnology and medical device industries,
    specializing in the management, execution and analysis of complex,
    multinational clinical trials. ICON teams have successfully conducted
    over 1900 development projects and over 2300 consultancy engagements
    across all major therapeutic areas. ICON currently has over 3400
    employees, operating from 42 offices in 28 countries.

    Further information is available at www.iconclinical.com.