PDI Announces Details of its 2005 Agreements with AstraZeneca

Press Release:

PDI Announces Details of its 2005 Agreements with AstraZeneca

Press Release
News Article March 2005

Revenue and earnings contribution included in 2005 estimates provided on December 20, 2004

SADDLE RIVER, N.J., March 2 /PRNewswire-FirstCall/ -- PDI, Inc. (NASDAQ:PDII) has announced the details of its 2005 agreements with AstraZeneca. The details of the contracts, which were recently finalized, were not available when PDI provided its 2005 estimates on December 20, 2004. The financial contribution of these teams was included in PDI's 2005 estimates provided December 20, 2004.

AstraZeneca will be utilizing PDI for three separate applications, which include a primary care team, a specialty team and a specialized deployment that enhances AstraZeneca's internal sales force flexibility and retention program. The programs in aggregate represent between $85 and $90 million in potential 2005 revenue to PDI and run through December 31, 2006.

Steven K. Budd, PDI's President of Global Sales and Marketing Services, said, "Throughout our eleven year relationship, we have provided AstraZeneca a range of sales force solutions, offering them the flexibility to quickly adjust the size, deployment and profile of a portion of their sales force. We are proud of our longstanding relationship with AstraZeneca and are excited to be moving forward with them under the extension of our Master Services Agreement."

This press release is provided in good-faith by Chiltern Magazine Services Ltd ("CMS") as a service to users of www.telecomsinfo.com. Whilst all care is taken in sourcing and preparing material includede here, any error or incorrect content cannot form the basis for any legal action against the site-owner. Users are advised to check the accuracy of any statements before relying upon them. Likewise, any forward-looking statements made by the author of the press release should be treated as such.

CMS, P&A House, Alma Road, Chesham, Bucks. HP5 3HB, UK
Tel: +44 (0)1494 771734
Fax: +44 (0)1494 778994
e-mail: Editor, CMSinfo

For more information about us, visit CMSinfo.