FT. LAUDERDALE, Fla., Jan. 16 /PRNewswire-FirstCall/ -- OmniComm Systems, Inc. (OTC Bulletin Board: OMCM), a leader in integrated electronic data capture solutions for clinical trials, today announced record breaking results for 2008 in new and repeat business that exceeded original expectations. A record jump of 80% in contracts over 2007 clearly validates OmniComm's position as a major contender in the EDC Marketplace.
"OmniComm has worked hard to build a strong foundation of superior products and services for our customers," said Stephen Johnson, COO of OmniComm. "We recognize the importance of our clients' business and are working diligently to deliver the integrated solutions that they need to succeed. In the very near future, our plans include the introduction of our own IVRS tool, IVRMaster, that will seamlessly integrate with our EDC tool, TrialMaster(R) to offer randomization, ePRO and supply tracking. In early 2009, we will also be releasing our Clinical Data Hub product to offer a more centralized and seamless aggregation of clinical data across multiple systems. This solution will empower our clients to take better control of their data and better leverage core industry standards like CDISC/CDASH, e2b and SDTM."
Added CFO, Ronald Linares, "We are pleased that we were able to increase our revenues during 2008 during what was a difficult year in the macro- economy. More importantly, we have diversified our client mix to include larger Bio-tech firms and have successfully begun deploying our product on a licensed basis."
OmniComm continues to increase its customer base with a strong mix of new customer business coupled with steady, recurring business from its existing loyal customers. The following is a breakdown of business for 2008.
Milestones for 2008: -- 60 New Business Deals Including: -- 4 Pharmaceutical Companies -- 20 Biotechnology Co
|SOURCE OmniComm Systems, Inc.|
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