Octagon Research Solutions, Inc., Announces Karen Carroll as New Senior Director of Project Management

Wayne PA. -CEO & Chairman Jim Walker of Octagon Research Solutions, Inc., a pioneer and leader in the electronic transformation of clinical R&D in the life sciences industry, announced today that Ms. Karen Carroll has joined the company as senior director, project management. In this new role, Ms. Carroll will be directly responsible for project oversight activities for Clinical Data Operations projects, client communication, project plans, forecasting, business development and overseeing the daily operations of cross-functional teams, while maintaining superior project management processes and standards.

A veteran of the clinical research industry, Ms. Carroll brings a wealth of project management knowledge and expertise, including costing, proposal development, team selection and resource management. Ms. Carroll was most recently the senior director for project management at MDS Pharma where she was responsible for reviewing and oversight of Phase II-IV oncology and stem cell programs, drafting bid proposals and overseeing project directors and managers. Prior to this she was Director of Clinical Operations for i3 Research and started her career as a registered nurse.

"Octagon clearly values leadership and innovation in its employees and I am excited to be given the opportunity to work in a company that already excels at holding itself to the highest standards of quality," stated Ms. Carroll. "As the company continues to grow, I feel the project management team will play an important role in assuring successful completion of many varied types of projects. Project planning and oversight along with timeline and budget control will allow Octagon to continue to deliver quality projects on time to it's clients. "

"We are pleased to have someone of Karen's caliber and talent join our organization. Karen has a solid base of experience in both clinical operations and project management, and her leadership skills are evident in the roles she played in assembling and leading successful project teams in her previous positions," added Eric Valentine, vice president, clinical data operations. "Her expertise in project management and global clinical trials, particularly oncology, will help Octagon continue expanding its model internationally."

About Octagon Research Solutions, Inc.

Octagon is a pioneer and leading process-centric solutions provider that offers a suite of regulatory, clinical, process and IT solutions to the life sciences industry. Octagon synchronizes processes and increases automation to reduce island-to-island inefficiencies within the clinical research and development process. We leverage the power of electronic submissions through cross-functional eSub expertise, a holistic process approach, deep domain knowledge and integrated solutions. Octagon is headquartered in Wayne, PA, with offices in Boston, MA, Costa Mesa, CA, and European headquarters in Amersham, UK. For more information please visit www.octagonresearch.com.