ITEM 7.01 REGULATION FD DISCLOSURE.
On June 23, 2009, eResearchTechnology, Inc. (the "Company") issued a press
release announcing that the Company had completed the sale of certain assets
relating to its electronic data capture (EDC) business. A copy of the press
release is attached as Exhibit 99.1 hereto.
ITEM 8.01 OTHER EVENTS.
On June 23, 2009, the Company completed the sale of certain assets relating
to its electronic data capture (EDC) business. The sale was completed pursuant
to an Asset Purchase Agreement between the Company and OmniComm Systems, Inc.
("OmniComm"). Under the terms of the Asset Purchase Agreement, in consideration
of the assets of the Company's EDC business and $1,150,000 in cash paid by the
Company, OmniComm issued 8,100,000 shares of its common stock to the Company and
assumed certain liabilities relating to the EDC business.