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Cambridge Major Receives Prestigious Frost & Sullivan 2008 North American Fine Chemicals Award

January 12, 2009, Germantown WI, USA – Cambridge Major Laboratories today announced it has received the 2008 Frost & Sullivan Industry Best Practices Award for business excellence and sustainability. Cambridge Major was nominated and selected for this prestigious Award against its peer group consisting of numerous companies in the North American Fine Chemical sector.

The process leading up to the Award consisted of months of interviews and analysis of business practices and performance. Cambridge Major outperformed its peer group in most categories including business model, business performance, customer satisfaction, and overall business sustainability.

Frost & Sullivan presents the Hot Investment Opportunity Award to the company that has demonstrated excellence in managing its growth, maintained a strong management team and strategic position, and established a sustainable competitive advantage in its respective market.

“It is a real honor to have been selected for this Award in the North American Fine Chemical category,” said Brian Scanlan, Chief Business Officer at Cambridge Major Laboratories. “Frost & Sullivan is the leading business intelligence firm, and this best practices Award certainly adds credibility to what we’ve achieved here at CML over the past several years. It is truly a testament to all of the hard work of all our employees, and to our customer-focused business model which has led to an extraordinary customer-satisfaction record.”

Frost & Sullivan believes that the key success factors of CML include customer diversity, strong management team, high repeat business ratio, large portfolio of pre-clinical projects with a very high percent graduation into the clinical stage, timely execution of projects, service-oriented culture, and the entrepreneurial mindset of the employees. It may be noted that nearly 50 percent of CML's scientists hold a Ph.D. and the company is well positioned to deliver the most challenging and complex chemistry projects.

Cambridge Major Laboratories, Inc. is a leading global service-based chemistry outsourcing partner to the pharmaceutical and biotechnology industries, producing pharmaceutical intermediates, Active Pharmaceutical Ingredients, and other fine organic chemicals.  The Company specializes in chemical process development and advanced multi-step organic synthesis, and operates out of three facilities in the US and Europe. The Company has been FDA inspected and approved for cGMP manufacturing.

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