Research-Based Biopharmaceutical Company Awards Trials to DATATRAK
25 Agosto 2009 - 6:30AM
PR Newswire (US)
CLEVELAND, Aug. 25 /PRNewswire-FirstCall/ -- DATATRAK
International, Inc.(OTCQX: DATA), a technology and services company
focused on global eClinical solutions for the clinical trials
industry, today announced the signing of two new studies with a
global research-based biopharmaceutical company. The award includes
a multi-site, five-year study and demonstrates a long-term
commitment to the DATATRAK eClinical(TM) platform. "We are pleased
that our partnership with this biopharmaceutical continues to
grow," said Laurence Birch, DATATRAK's Chairman of the Board. "The
signing of new business with existing clients validates our
technology and service delivery model, DATATRAK ONE(TM). Our
Enterprise Transfer clients are able to successfully develop and
deliver trials utilizing DATATRAK's technology and online
resources." DATATRAK eClinical(TM) empowers clinical users and
service providers with the tools necessary for efficiently
conducting, delivering and managing clinical trials. Built upon a
unified architecture, eClinical's Clinical Suite, Trial Manager,
Enterprise Manager and Enterprise Platform components provide the
foundation for end-to-end Clinical Trial Solutions. Whether
deploying products via DATATRAK's Enterprise Transfer program or
relying on the DATATRAK team for project delivery as a Software as
a Service (SaaS) client, DATATRAK provides the most complete
product and service offering for the Clinical Trial Life Cycle.
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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