DATATRAK Signs Five-Year Registry Study
January 12 2010 - 7:30AM
PR Newswire (US)
CLEVELAND, Jan. 12 /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 a new
biopharmaceutical client with the award of a registry study for
monitoring post surgical patients requiring chronic hemodialysis.
This five-year study will track patients from several previous
clinical trials seeking to improve the outcomes and reduce the
suffering of dialysis patients with end-stage renal disease.
"DATATRAK is pleased to welcome a new biopharmaceutical client to
the eClinical platform," said Laurence Birch, DATATRAK's Chairman
of the Board. "This latest contract award is another new registry
study running on DATATRAK eClinical(TM) and exemplifies industry
recognition of DATATRAK eClinical's multifaceted capabilities."
About DATATRAK International, Inc. DATATRAK International, Inc. is
a worldwide technology and services company focused on the
provision of multi-component eClinical solutions and related
services for the clinical trials industry. We operate under the
vision 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
a unified 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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