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ERES > SEC Filings for ERES > Form 8-K on 23-Jun-2009All Recent SEC Filings

Show all filings for ERESEARCHTECHNOLOGY INC /DE/ | Request a Trial to NEW EDGAR Online Pro

Form 8-K for ERESEARCHTECHNOLOGY INC /DE/


23-Jun-2009

Regulation FD Disclosure, Other Events


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.

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