Medidata Solutions Named 21st Annual Codie Award Finalist; Software & Information Industry Association Honors Medidata Rave 5.4 in Best Medical and Health Information Product Category

Business Wire, Jan 26, 2006

NEW YORK -- Medidata Solutions, a global provider of electronic clinical data capture, management and reporting solutions, today announced that Medidata Rave 5.4 has been selected by the Software & Information Industry Association (SIIA) as a 21st Annual Codie Awards finalist in the Best Medical and Health Information Product category.

The Codie Awards showcase the most innovative and influential products in the software and information industry. Medidata Rave 5.4 will represent one of five finalists in the Best Medical and Health Information Product category. Through user-friendly tools for the capture, management and reporting of clinical trial data, Medidata's Rave 5.4 software platform helps pharmaceutical, biotechnology and medical device companies reduce costs and streamline clinical trial processes with early insight into study bottlenecks and a web-enabled intuitive interface for widespread site adoption. Rave 5.4 has been implemented by leading life sciences companies and contract research organizations including Bayer, ICON, PharmaLink and Tufts New England Medical Center.

"Our biopharmaceutical and medical device customers continually rely on us to deliver solutions that help them realize the maximum potential value of their clinical research investments. Rave 5.4 offers software that streamlines paperless clinical trials, provides early visibility to data for faster decision-making, optimizes resources and lowers execution risk," said Glen de Vries, Chief Technology Officer of Medidata Solutions. "The SIIA's recognition of our product supports Medidata's continued traction, and we are honored that Rave 5.4 has been acknowledged among the best software solutions in the industry."

Considered one of the industry's most prestigious awards programs, the Codie Awards is the only peer-recognition awards program of its kind. During the 2006 nomination period, more than 1,000 entries were submitted by over 500 companies, marking a record high for the program. The 21st Annual Codie Awards will be presented at a black tie gala on May 16, 2006 at the Westin St. Francis Hotel in San Francisco, CA. Full information about the 2006 Codie Awards Program is available at http://www.siia.net/codies/2006/.> "The 21st Annual Codie Awards continue the tradition of honoring the best of the software, information and education technology industries," said Ken Wasch, SIIA President. "When one considers the number of outstanding companies that competed this year, being named a Codie Awards Finalist is a significant achievement."

About SIIA

The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. The Software & Information Industry Association provides global services in government relations, business development, corporate education and intellectual property protection to more than 700 leading software and information companies. For further information, visit www.siia.net.

About Medidata Solutions Worldwide

Medidata Solutions helps the world's leading pharmaceutical, biotechnology and medical device companies realize the maximum potential value from their clinical research investments. Working with companies large and small, Medidata Solutions helps accelerate the process of bringing life-enhancing treatments to market - on five continents and in more than 70 countries. Innovative process design, technology and services can streamline clinical trials by providing early visibility to clinical data for faster decision-making, optimized resources and lower execution risk. Medidata Solutions' broad client base and deep clinical experience provide value for the world's leading pharmaceutical, biotechnology and medical device companies, expertise in more than 20 therapeutic areas, projects in Phase I, II, III, IV, registries and surveillance, and studies with thousands of investigators and tens-of-thousands of subjects. To learn more about Medidata Solutions, please visit www.mdsol.com.