NEW YORK, NY, (NAMC) – One of the leading global contract research organizations, PPD, Inc. (NASDAQ:PPDI) has completed a two for one stock split.

Shareholders of record as of February 17, 2006 will receive one (1) common share for every common share that they own. This brings the company’s outstanding shares from 58,141,313 to 116,282,626.

Their clients and partners include pharmaceutical, biotechnology, medical device, academic and government organizations. They currently have offices in 28 countries and more than 8,000 professionals worldwide.

For more information go to their website at http://www.ppdi.com/.

PPD closed at $66.59 on Tuesday.

J.C. Arens
Business News Correspondent
NAMC Newswire
www.namcnewswire.com

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