FORT LAUDERDALE, FL -- (Marketwired) -- 03/19/14 -- OmniComm Systems, Inc. (OTCQB: OMCM) signed a five year agreement with Centre for Human Drug Research (CHDR), a clinical research center in The Netherlands, for Promasys mobile electronic data capture (EDC) technology. This agreement gives CHDR the ability to capture data right at the point-of-clinical testing utilizing the latest in mobile technology.
"We are very pleased to continue our longstanding relationship with the OmniComm Promasys product," says Adam Cohen, M.D., Ph.D., professor of clinical pharmacology and CEO, CHDR. "CHDR performs perhaps the most complicated pharmacokinetic-dynamic studies in the field and our studies produce a data flow that would be unmanageable without this system. The change to the iPad product leads to immediate and considerable savings in staff costs that easily outweighs the acquisition cost. The smooth workflow from design of the database to the final publication is another feature we could not do without."
For the first time, innovative mobile technology by Promasys delivers an EDC solution that enables research staff the flexibility to capture vital clinical information at the point-of-testing.
"Most commercially available EDC solutions are not designed to support the needs of investigators for investigator initiated trials and academic clinical research centers," said Stephen Johnson, president, OmniComm Systems. "The Promasys technology is the first commercially viable solution designed with the needs of the academic research environment in mind -- built by investigators for investigators."
OmniComm Systems, Inc. Acquires Promasys BV
About OmniComm Systems
OmniComm Systems is a leading strategic software solutions provider to the life sciences industry. OmniComm Systems is dedicated to helping the world's pharmaceutical; biotechnology; contract research organizations; diagnostic and device firms; and academic medical centers maximize the value of their clinical research investments. Through the use of innovative and progressive technologies these organizations drive efficiency in clinical development, better manage their risks, ensure regulatory compliance and effectively manage the performance of their clinical operations. OmniComm provides comprehensive solutions for clinical research with an extensive global experience from over 4,000 clinical trials. For more information, visit www.omnicomm.com.
Safe Harbor Disclaimer
Statements made by OmniComm included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as the Company's ability to obtain new contracts and accurately estimate net revenues due to uncertain regulatory guidance, variability in size, scope and duration of projects, and internal issues at the sponsoring client, integration of acquisitions, competitive factors, technological development, and market demand. As a result, actual results may differ materially from any financial outlooks stated herein. Further information on potential factors that could affect the Company's financial results can be found in the Company's Reports on Form 10-K and 10-Q filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
OmniComm is a registered trademark of OmniComm Systems, Inc. Other names may be trademarks of their respective owners.