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| MEDIA COVERAGE |
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| ACUNOVA ANNOUNCES ADDITION TO EXECUTIVE MANAGEMENT TEAM
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| Michael Kokesh Joins AcuNova Life Sciences Inc. from Gentiae Clinical Research
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| SAN FRANCISCO, CA, January 16, 2006 - AcuNova Life
Sciences, a premier provider of clinical research
services based in Westlake, California, today announced the
addition of Michael Kokesh to its leadership team, as Executive
Vice President, Strategic Planning and Business Development.
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| Mr. Kokesh has a proven track record in building enterprises and creating value for investors. He brings with him the talent, experience and a history of building an effective organization, which AcuNova Life Sciences will draw upon to expand their presence in United States and Europe. The addition of Mr. Kokesh to AcuNova's executive team will be a key driver for the growth of new business in all major segments of business.
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| "The opportunity to work with a leader in service and technology innovation attracted me to AcuNova," said Mr. Kokesh, who most recently was President and Chief Executive Officer of Gentiae Clinical Research Inc., a leading provider of cardiac safety testing and monitoring services for the pharmaceutical and biotechnology industry. "I look forward to working with Mr. D A Prasanna and
Mr. Kal Chatto as a member of the Board of Directors of AcuNova Life Sciences Inc."
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| Mr. Kokesh will be responsible for identifying, negotiating and managing business partnerships that will help enhance AcuNova's global clinical research services.
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| About AcuNova Life Sciences Inc. |
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| AcuNova Life Sciences Inc., is a wholly owned subsidiary of Manipal AcuNova, a comprehensive, single source provider of clinical research and related services in the following areas:
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1. Clinical Development Services like Bio-Availability/Bio Equivalence
2. Phase I Clinical Trials
3. Clinical Trials from Phase II to Phase IV
4. Clinical Data Management Services
5. Clinical Reference Lab
6. Contract research in Bio Pharma
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| The company's clinical research clients include leading companies such as Aventis, Biocon, GE Healthcare, Novartis and Quintiles amongst others. Manipal AcuNova partners with the University of Minnesota and National Center of Biological Sciences in research. Manipal AcuNova is committed to ethical practices in healthcare and clinical research. The quality standards conform to DCGI, ICMR, and ICH GCP guidelines.
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| For more information please visit : www.acunovalife.com
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| For more information on Board of Directors and Leadership team please click, www.acunovalife.com/board1.htm
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| About Manipal AcuNova |
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| Manipal AcuNova is a venture between the Manipal Group and AcuNova. It was recently awarded with "India's best emerging CRO of 2005" award by Proximare Inc., a New Jersey based leading strategic management consulting firm which develops and implements growth strategies for pharmaceutical and biotech companies. Manipal AcuNova has access to Manipal Group's 19 Teaching hospitals in India, Malaysia and Nepal. With 8200 beds, its hospitals treat over 1.2 million patients a year. Manipal Group offers professional education in Medicine, Dental Sciences, Pharmacy, Nursing, Allied Health, Engineering, Information Sciences, Management, Mass Communication as well as Distance Education programs. Manipal alumni constitute 10 percent of 20,000 strong 'Physicians of Indian Origin in USA.'
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| For more Information please contact:
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1. Mr. Kal Chatto, M.S.Pharm
Co-Founder and Chief Executive Officer
AcuNova Life Sciences Inc
2625 Townsgate Road, Suite 330
Westlake, California 91361
Ph: 805 267 1199; 805 410 2830
Fax: 805 267 1101
Email : kalchatto@acunovalife.com
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2. Ms. Nivedita Shenoy
Marketing Communications
Manipal AcuNova Ltd
Mobius, SJR I - Park, EPIP Zone
Whitefield, Bangalore 560 037
Ph: +91 80 2521 7617
Fax: +91 80 2521 7619
Email : nivedita.shenoy@acunovalife.com
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