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Corporate Info: Press Room: Archives

CLINICAL RESEARCHNET, INC. ANNOUNCES NAME CHANGE



September 9, 1998

KIRKLAND, WASHINGTON - September 9, 1998 - Clinical reSearchNet, Inc. is changing its name to Radiant Research. Clinical reSearchNet has been using the "Clinical reSearchNet, Inc." mark since January of this year, when CEO Michael K. Lester founded it.

"We have been looking for a new name for some time because we didn't feel 'Clinical reSearchNet' represented us well," explained Mr. Lester. "'Net' implies that we are a 'network' or 'affiliated' SMO, which is exactly the opposite of what we are - a dedicated, owned SMO. We also felt that the name was confusing, because many of our competitors have either "Clinical," "Research" or "Network" in their names."

"One of the Company's primary focuses is on patient recruitment, and the fact that patients are more likely to respond positively to Radiant Research was a particularly important consideration in changing our name," said Mr. Lester. "The many positive connotations with 'radiant' will benefit our recruiting efforts."

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About Radiant Research
Based near Seattle, Washington, Radiant Research (radiantresearch.com) is a comprehensive clinical research and development company serving the biopharmaceutical and medical device industry. Radiant is comprised of more than 30 wholly-owned premier clinical research centers nationwide, employing over 500 clinical research professionals exclusively focused on providing professional, high quality study conduct and drug development services. In the past four years, Radiant has conducted more than 8,000 clinical trials across 18 therapeutic specialties.

Contact:  
Michael K. Lester
Chief Executive Officer
RADIANT RESEARCH
(425) 468-6200
Pamela M. Spaniac
Chief Financial Officer
RADIANT RESEARCH
(425) 468-6200