PDGI Pharmanet Development Grp (MM)

PharmaNet Development Group, Inc. (NASDAQ:PDGI) today announced that Jeffrey P. McMullen, president and chief executive officer, will present at the UBS Global Life Sciences Conference at 8:30 a.m. EDT on Tuesday, September 26, 2006. The conference will take place at the Grand Hyatt in New York, NY. A live audio webcast of the presentation will be accessible through the "webcasts" section of PharmaNet's Web site at http://www.pharmanet.com. The replay of the webcast will be available within 12 hours of the live presentation and will remain available for 30 days following the conference. About PharmaNet Development Group, Inc. PharmaNet Development Group, Inc. is an international drug development services company offering a comprehensive range of clinical development, clinical and bioanalytical laboratory, and consulting services to the branded pharmaceutical, biotechnology, generic drug and medical device industries. PharmaNet Development Group, Inc. has more than 30 offices, facilities and laboratories with more than 2,000 employees strategically located throughout the world. For more information, visit the Company's Web site at http://www.pharmanet.com.