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— BANNOCKBURN, Illinois, July 1

BANNOCKBURN, Illinois, July 1 /PRNewswire/ -- Pinnacle Biologics, a private, full-service pharmaceutical and biotech solutions company today announced it has entered into a lease agreement to establish its headquarters in Bannockburn, Illinois.

"This is another key milestone reached by Pinnacle to bring the top management together, consolidate resources in one office, and give additional momentum to the future expansion of the company," said Guillermo Herrera, chairman of the board of Pinnacle Biologics.

James R. Miller, President & CEO stated, "This is a pivotal strategic decision made by the Pinnacle Founders. Now that we have the headquarters staff consolidated in Bannockburn, Ill., we will be able to optimize our resources in Maryland and The Netherlands."

The company today further announced it has appointed Sandra (Sandy) Miller, a Principal of Hewitt Associates, to the Board of Directors. Sandy has over 20 years of experience in human resources consulting.

"The founders of Pinnacle welcome Sandy to the Board of Directors," said Mr. Herrera, chairman of the board of Pinnacle Biologics. "Sandy brings a breadth of experience to Pinnacle including her human resources and compensation knowledge, global talent management expertise, and overall business acumen."

Sandy commented, "Pinnacle's innovative approach to worldwide commercialization of biotechnology/pharmaceutical products is a demonstration of the strength and experience of the seasoned veterans leading this organization. I am pleased to work with all of them."

About Pinnacle Biologics

Founded in 2007 by former Abbott Laboratories executives Guillermo Herrera, James Miller, and Viren Grover, Pinnacle Biologics is a premier international company that excels in assisting pharmaceutical and biotech companies that require a total solution in either launching products or maximizing/monetizing the value of products late in their life cycle. Pinnacle forms exclusive relationships with research-based pharmaceutical multi-national corporations and biotechnology companies to take products to the next level.

Pinnacle provides a full range of services including regulatory, sales, marketing, distribution (including billing and collections), pharmacovigilence, product safety, market research and administrative services.

Website: http://www.pinnaclebiologics.com

COMPANY CONTACT: James R. Miller, Pinnacle President & CEO +-1-240-372-4599

Web site: http://www.pinnaclebiologics.com

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