Analyst Coverage

Firm Analyst
Citigroup   Charles Boorady
Credit Suisse   Glen Santangelo
Dougherty & Company   Raghavan Sarathy
Jefferies & Company   Richard Close
Needham & Company   Richard Davis
Raymond James   Sandy Draper

Medidata is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Medidata's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Medidata or its management. Medidata does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.