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Date: Sep 03 2008

Lifetree Clinical Research recognized as one of Inc. Magazine’s 5,000 fastest growing companies
NEWS RELEASE
FOR IMMEDIATE RELEASE:  September 3, 2008
FOR INFORMATION:  Therese Clay, XO Marketing, (801) 272-8686, e-mail therese@xomktg.com

LIFETREE CLINICAL RESEARCH RECOGNIZED AS ONE OF
INC. MAGAZINE’S 5,000 FASTEST GROWING COMPANIES

Salt Lake City- Lifetree Clinical Research® has been selected by Inc. magazine as one of the nation’s top 5,000 fastest growing companies. Lifetree is a clinical research company dedicated to supporting the pharmaceutical, device and biotechnologies industries.

According to the magazine, Lifetree Clinical Research earned the rank of 1,465 on the overall fastest growing companies list and ranked number 65 on the 2008 Inc. 5,000 Top 100 Health Companies.  Each company being recognized for this achievement is ranked according to percentage revenue growth from 2004 through 2007. To qualify, companies must have been founded and generating revenue by the first week of 2004, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit and independent.

"We are pleased to see that we placed in the top half of the 5,000 fastest growing companies in the nation,” said Lifetree Clinical Research Founder and CEO Alice A. Jackson.  "Our company’s dynamic growth over the past few years has come from our commitment to excellence in every aspect of our work, by specializing in our niche market and providing top quality service to our clients who have recognized these practices and returned for repeat business.”

All of the selected companies will be featured in Inc. magazine’s 5,000 September issue and honored in Washington, D.C. Sept. 18 through 20, 2008 where the companies will be officially announced and recognized in numerical order based on revenue growth.  Jackson will accept the award on behalf of the company.

Jackson was recognized earlier this year by Utah Business magazine as one of the publication’s "30 Women to Watch,” for women leading successful companies.  Lifetree Clinical Research was also recently recognized locally by Utah Business magazine as one of the 50 fastest growing companies. The Fast 50 recognizes companies for their entrepreneurial spirit, innovative business tactics and skyrocketing revenue growth.  Lifetree Clinical Research ranked number 19 on the list.

Revenues at Lifetree Clinical Research have increased 23 percent, 98 percent and 47 percent respectively during the years ending Dec. 31, 2007, 2006 and 2005 as compared with the prior year. As of December 2007, the company had 62 employees, an increase of 250 percent over the prior year.  Lifetree Clinical Research works with biopharmaceutical partners to bring safe, effective drugs to the market.

MORE ABOUT LIFETREE CLINICAL RESEARCH®:
Lifetree Clinical Research® is a privately held company, headquartered in Salt Lake City, Utah. Lifetree's clinicians are recognized clinical and regulatory thought leaders in CNS, analgesia and abuse liability protocol design, implementation and oversight. Lifetree is dedicated to supporting the pharmaceutical, device, and biotechnology industries by providing unparalleled service and becoming an indispensable drug development partner. For more detailed information about Lifetree Clinical Research®, please visit www.lifetreeresearch.com.


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