AAIPharma Services Corp. ("AAIPharma"), a leading global provider of pharmaceutical analytical testing, product development and manufacturing services and Cambridge Major Laboratories, Inc. ("CML"), a global leader in pharmaceutical API development and manufacturing, announce the appointment of Armando Cortes as Vice President, Global Manufacturing Operations.

"Armando has an excellent track record of building and developing worldwide quality and compliance organizations," said Patrick Walsh, Chief Executive Officer. "His significant operational experience and proven leadership skills will help us continue building upon our leadership position in the global pharmaceutical contract services market."

Mr. Cortes added, "I am very happy to join the team at this exciting time and look forward to helping provide comprehensive pharmaceutical manufacturing services with a continued dedication to quality and excellence."

With over 28 years of experience in pharmaceutical manufacturing operations, Mr. Cortes was most recently vice president of quality systems and compliance for Endo Pharmaceuticals, Inc. He has also held leadership roles at Teva Pharmaceuticals, Inc., Cephalon, Inc., Wyeth Pharmaceuticals, and MedImmune, Inc.

About AAIPharma Services Corp. and Cambridge Major Laboratories, Inc.

AAIPharma Services Corp. and Cambridge Major Laboratories, Inc. have joined to form a world-class supplier of comprehensive pharmaceutical development and manufacturing services. With nearly 800 employees operating out of seven sites in the US and Europe, combined capabilities include API development and manufacturing, solid state chemistry, formulation development, analytical development and testing services, clinical and commercial finished dosage form manufacturing (solid dose and parenteral), packaging, and stability services. The family of companies is in the portfolio of American Capital, Ltd. (NASDAQ: ACAS).

For more information on the companies, visit www.aaipharma.com and www.c-mlabs.com/.

Media Contacts:
Cambridge Major Laboratories, Inc.
Kim Black-Washington
k.black-washington@c-mlabs.com
1-262-955-4715
or
AAIPharma Services Corp.
Jeff A. Parrott, Ph.D.
media_relations@aaipharma.com
1-910-338-1638
or
Related Links:
AAIPharma Home Page:
http://aaipharma.com
Cambridge Major Laboratories Home Page
http://www.c-mlabs.com/