SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): July 2, 2007
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PDI,
INC.
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(Exact
name of registrant as specified in its charter)
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Delaware
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0-24249
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22-2919486
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(I.R.S.
Employer
Identification
No.)
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Saddle
River Executive Centre
1
Route 17 South
Saddle
River, NJ 07458
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(Address
of principal executive office and zip code)
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Registrant’s
telephone number, including area code: (201) 258-8450
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Not
Applicable
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(Former
name or former address, if changed since last report)
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Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Item
8.01 Other Events.
On
July
2, 2007, PDI, Inc. (the “Company”) issued a press release announcing that it has
signed an agreement with a top-five pharmaceutical company which is expected
to
generate approximately $23 million in revenue for the Company over its one
year
term.
A
copy of
the press release is attached as Exhibit 99.1 hereto and is incorporated herein
by reference.
Statements
contained in this Current Report on Form 8-K that are not statements of
historical fact, including statements about expectations, beliefs and future
events and financial performance, are forward-looking statements. These forward
looking statements reflect, among other things, the Company's current
expectations, plans, strategies and anticipated financial results and are based
upon numerous assumptions involving judgments with respect to future economic,
competitive, and market conditions and future business decisions, all of which
are subject to known and unknown risks, uncertainties and other factors that
may
cause the Company's actual results to differ materially from those expressed
or
implied by these forward looking statements. Many of these risks are beyond
the
Company's ability to control or predict. For a discussion of some of the
important risks and other factors that could cause actual results to differ
materially from those indicated by the forward-looking statements, we encourage
you to read the risk factors detailed from time to time in the Company's filings
with the Securities and Exchange Commission, including the Company's Annual
Report on Form 10-K for the year ended December 31, 2006 and the Company's
subsequently filed Quarterly Reports on Form 10-Q. Furthermore, forward looking
statements speak only as of the date they are made. The Company undertakes
no
obligation to revise or update publicly any forward-looking statements for
any
reason.
Item
9.01 Financial Statements and Exhibits.
(c) Exhibits
| 99.1 |
Press
Release dated July 2, 2007.
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*
* * * *
* *
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant
has duly caused this report to be signed on its behalf by the
undersigned
hereunto duly authorized.
PDI,
INC.
By:
/s/
Jeffrey Smith
------------------------------------
Jeffrey
Smith
Chief
Financial Officer
Date:
July 6, 2007
EXHIBIT
INDEX
Exhibit
No. Description
___________ ____________
99.1 Press
Release dated July 2, 2007
EXHIBIT
99.1