|
OmniComm Systems, Inc. Continues To Have Success In Delivering Superior Integrated
Electronic Data Capture (EDC) Solutions For Clinical Trial Research In Third Quarter
2007
Company Signs An Additional 10 New Business Deals With A Combination Of New And Existing
Customers To Use TrialMasterTM For Electronic Data Capture
FT. LAUDERDALE, FL - October 15, 2007 - /MarketWire/ - OmniComm Systems, Inc. (OTC
Bulletin Board: OMCM.OB), a leader in integrated electronic data capture (EDC) solutions
for clinical trials, today announced that they have closed 10 new business deals
in Q3, totaling 35 deals for the year. Key market segments for the new business
include pharmaceutical companies, including 2 Top 50 pharma company deals in the
mix, biotechnology companies and contract research organizations (CROs). The increase
in CRO business has been the primary catalyst for growth in Q3.
"Our CRO Preferred Program™ has been extremely successful," said Stephen Johnson,
Executive Vice President of Business Development, Professional Services and Client
Services and Support. "CROs are enjoying the benefits of fixed pricing, no hidden
costs or fees, a dedicated hosted environment and complete training and sales and
marketing support, all distinct advantages of being an OmniComm partner. Since its
inception in April of this year, 17 CROs have joined the program allowing us successful
sales growth through the traditionally slower summer months."
Another driving factor for new business at OmniComm is the integration of Oracle
Clinical® with OmniComm's EDC solution, TrialMaster. The OC Connect™ solution
from OmniComm allows clients to collect and process data within their EDC system
and export the data into Oracle Clinical, allowing for a single, unified data repository.
The integration also provides consistency across clinical applications by allowing
companies to load all or part of their global libraries into TrialMaster. Building
studies in TrialMaster can be done quickly and easily by using the same global library
objects that exist in Oracle Clinical.
"Through the integration, our customers can significantly decrease the amount of
time it takes to set up their clinical trials in TrialMaster by leveraging the standards
that are defined in their Oracle Clinical global library," said Chris Huang, Director
of New Product Strategy for OmniComm. "Our clients are looking for solutions that
reduce the high costs traditionally associated with data integration and the OC
Connect solution is just one component of our overall data integration and interoperability
strategy."
2007 business deals include:
Pharmaceutical
- 24 month, Phase III, Dermatology study with 100 sites and 2132 subjects
- 24 month, Phase III, Anti-Infective study with 50 sites and 500 subjects
- 5 month, Phase II, Psoriasis study with 3 sites and 30 subjects
Biotechnology
- 15 month, Phase II, Infectious Disease study with 15 sites and 24 subjects
- 13 month, Phase IIIb, Infectious Disease study with 10 sites and 154 subjects
Contract Research Organization
- 3 month, Phase I, Urology study with 1 site and 20 subjects
- 24 month, Phase IV, Allergic Rhinitis study with 10 sites and 90 subjects
- 8 month, Phase II, Dermatology study with 10 sites and 140 subjects
- 6 month, Phase I, Transient Insomnia study with 6 sites and 230 subjects
- 24 month, Phase II, Oncology study with 15 sites and 30 subjects
About OmniComm
OmniComm Systems, Inc. (www.OmniComm.com) provides customer-driven Internet solutions
to pharmaceutical, biotechnology, research and medical device organizations that
conduct life changing clinical trial research. OmniComm's growing base of satisfied
customers is a direct result of the company's commitment to deliver products and
services that ensure ease of use, faster study build, ease of integration and better
performance. OmniComm's client intuitive pricing model allows companies that range
from small to mid-size to large scale institutions to safely and efficiently capitalize
on their clinical research investments.
OmniComm ranked in the top 150 as one of the fastest revenue growth technology companies
in North America during the last 5 years. OmniComm Systems, Inc. has corporate headquarters
in Ft. Lauderdale, Florida with offices in Bonn, Germany, California, Maryland,
New York, North Carolina and Texas.
Safe Harbor Disclaimer
Statements about OmniComm's future expectations, including without limitation, future
revenues and earnings, plans and objectives for the future operations, future agreements,
future economic performance, operations and all other statements in this press release
other than historical facts are "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities Litigation Reform
Act of 1995. OmniComm intends that such forward-looking statements be subject to
the Safe Harbors created thereby. Since these statements involve risks and uncertainties,
including but not limited to economic competitive, governmental, contractual and
technological factors affecting OmniComm's operations, markets and profitability,
actual results could differ materially and adversely from the expected results.
Back
|