ITEM 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

Effective August 4, 2009, the employment agreement of Mr. Kevin Dunphy, Chief Financial Officer and Treasurer of the Registrant, terminated by its terms. Also effective August 4, 2009, Ms. Cheryl Kaine Sadowski, age 41, was appointed by the Board of Directors of the Registrant to the positions of Interim Chief Financial Officer and Treasurer. Ms. Kaine Sadowski will occupy such positions in an at will capacity until her successor is appointed by the Board of Directors.

Ms. Kaine Sadowski has been Vice-President and Controller of the Registrant since October 2008. From August 2004 until October 2008 she held several positions at eResearchTechnology, Inc. in Bridgewater, New Jersey, including Vice President, Business Management and Senior Director, Business Management, where she was responsible for the Professional Services, Project Management, Customer Care, Research & Development, IT and Cardiac Safety Divisions.