DATATRAK Announces a Singular Focus - DATATRAK ONE(TM)
05 Agosto 2009 - 3:36PM
PR Newswire (US)
CLEVELAND, Aug. 5 /PRNewswire-FirstCall/ -- DATATRAK International,
Inc., a technology and services company focused on global eClinical
solutions for the clinical trials industry, formalized its singular
vision for product and service delivery today with the announcement
of DATATRAK ONE(TM). Unlike its competitors, which require
integration between disparate systems, the DATATRAK eClinical(TM)
product is the only system built on a single, unified platform. The
uniqueness of our technology platform has been expanded throughout
the company's service offerings as a concept of "One": -- One
technology -- One solution -- One service offering -- One team --
One knowledge base -- One comprehensive set of unified DATATRAK
eClinical modules -- One database -- One interface -- One point of
access to all trials -- One username and password -- One vendor
"DATATRAK ONE(TM) is the cornerstone of our vision to deliver
eClinical excellence," said Laurence Birch, DATATRAK's Interim CEO.
"The primary goal of DATATRAK ONE(TM) is to provide the most
complete and comprehensive set of clinical trial solutions to our
customers. We will use the concept of DATATRAK ONE(TM) to provide
the market an alternative solution--available today--in which all
elements of clinical trial data management are available in ONE
easy to use on-line solution compared to the patch-work
technologies many of our competitors offer. Our unique alignment of
technology and process sets us apart from our competition and
increases return on investment for our clients." DATATRAK ONE(TM)
is further defined in the Company's Letter to Shareholders. Please
read the Shareholder Letter found in the 2008 Annual Report for
more information on DATATRAK ONE(TM):
http://www.datatrak.net/company/PDF/2008 Annual Report and Form
10-K.pdf About DATATRAK International, Inc. DATATRAK International,
Inc. is a worldwide technology company focused on the provision of
multi-component eClinical solutions and related services for the
clinical trials industry. We operate under the concept of DATATRAK
ONE(TM), which encompasses our unique, single platform technology.
The singular architecture of our DATATRAK eClinical(TM) product
suite has been embraced by clients around the globe for its ability
to effectively manage clinical trials through an integrated
multi-component, comprehensive solution. The Company delivers a
complete portfolio of software products that were created in order
to accelerate clinical research data from investigative sites to
clinical trial sponsors and ultimately the FDA, faster and more
efficiently than manual methods or loosely integrated technologies.
DATATRAK's eClinical(TM) software suite can be deployed worldwide
through an ASP offering or in a licensed Enterprise Transfer model
that fully empowers its clients. The DATATRAK software suite and
its earlier versions have successfully supported hundreds of
international clinical trials involving thousands of clinical
research sites and encompassing tens of thousands of patients in 59
countries. DATATRAK International, Inc.'s product suite has been
utilized in some aspect of the clinical development of 16 drugs and
one medical device that have received regulatory approval from
either the United States Food and Drug Administration or
counterpart European bodies. DATATRAK International, Inc. has
offices located in Cleveland, Ohio, and Bryan, Texas. Visit the
DATATRAK International, Inc. web site at http://www.datatrak.net/.
Except for the historical information contained in this press
release, the statements made in this release are forward-looking
statements. These forward-looking statements are made based on
management's expectations, assumptions, estimates and current
beliefs concerning the operations, future results and prospects of
the Company and are subject to uncertainties and factors (including
those specified below) which are difficult to predict and, in many
instances, are beyond the control of the Company. Factors that may
cause actual results to differ materially from those in the
forward-looking statements include the limited operating history on
which the Company's performance can be evaluated; the ability of
the Company to continue to enhance its software products to meet
customer and market needs; fluctuations in the Company's quarterly
results; the viability of the Company's business strategy and its
early stage of development; the timing of clinical trial sponsor
decisions to conduct new clinical trials or cancel or delay ongoing
trials; the Company's dependence on major customers; government
regulation associated with clinical trials and the approval of new
drugs; the ability of the Company to compete in the emerging EDC
market; losses that potentially could be incurred from breaches of
contracts or loss of customer data; the inability to protect
intellectual property rights or the infringement upon other's
intellectual property rights; the costs associated with maintaining
and/or developing two product suites; and general economic
conditions such as the rate of employment, inflation, interest
rates and the condition of capital markets. This list of factors is
not all-inclusive. In addition, the Company's success depends on
the outcome of various strategic initiatives it has undertaken, all
of which are based on assumptions made by the Company concerning
trends in the clinical research market and the health care
industry. The Company undertakes no obligation to update publicly
or revise any forward-looking statement whether as a result of new
information, future events or otherwise. DATASOURCE: DATATRAK
International, Inc. CONTACT: Raymond J. Merk, Chief Financial
Officer and Chief Operating Officer, DATATRAK International, Inc.,
+1-440-443-0082 x181 Web Site: http://www.datatrak.net/
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