[April 24, 2012]

AAIPharma Services Opens New Technology Center

AAIPharma Services Corp., a leading provider of product-development services for the pharmaceutical industry, today officially opens a 40,000 square foot, state-of-the-art Technology Center on its Wilmington, N.C., headquarters campus as part of a $15 million capital expansion program.

The center creates a platform for expansion and the company anticipates adding scientific, technical and manufacturing jobs at AAIPharma, as well as new capital to the local economy.

The grand opening will be held today at 11 a.m. at the Technology Center (2320 Scientific Drive). Local and state elected officials and industry leaders will join AAIPharma executives and employees for a ribbon-cutting ceremony and tour of the Center.

"We've designed this world-class Technology Center as an adaptable laboratory concept that gives us the flexibility to meet our clients' increasingly diverse needs," said Patrick Walsh, CEO of AAIPharma. "We remain committed to investing inour employees, infrastructure and our region as we project continued and sustainable business growth."

The Technology Center was designed with flexible work stations to meet the changing requirements of an expanding and increasingly broad customer base for developing and testing pharmaceutical and biopharmaceutical products. The center, which houses analytical, microbiology, preformulation and mass spectrometry experts, also received an infusion of new UPLC, HPLC, GC-MS, and LC-MS-MS systems to complement its existing array of laboratory resources. Project documentation will become virtually paperless with the rollout of an electronic laboratory notebook system. This further maximizes internal analytical processes and provides clients real-time accessibility to their project deliverables, which few contract pharmaceutical-development companies have achieved.

The company expects all Wilmington laboratory operations to be consolidated into the new location by June and also plans to expand its manufacturing centers in Charleston, S.C., and Wilmington, N.C.

About AAIPharma Services Corporation

AAIPharma Services Corp. is a leading provider of contract services that encompass the entire process of pharmaceutical drug development from discovery through commercialization. The company's wide array of capabilities includes analytical chemistry, formulation development, material testing services, microbiology, and clinical and commercial contract manufacturing and packaging. AAIPharma Services serves more than 500 clients around the globe. It is headquartered in Wilmington, N.C. For more information on the company, visit www.aaipharma.com.

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