DATATRAK International, Inc. Announces Fourth Quarter and Full Year Result...(ourth quarter continued Mr. Merk. Like...),Health

Date:3/16/2009

ourth quarter," continued Mr. Merk. "Like many businesses today, our 2009 financial results rely significantly on how the current economy impacts our clients, and their ability to continue existing trials and contract for new business; a sentiment which is reflected in the explanatory paragraph in our Form 10-K. In Japan, our value added reseller, NTT DATA Company, has just begun the second year of our $2.1 million 5-year agreement and has already sold 8 trials to 4 different clients. This is just another example of the power of our software in a fragile world economy. While raising additional capital may be a possible avenue in 2009, our improved performance, coupled with our virtually debt-free balance sheet, makes DATATRAK a much stronger company financially then it was twelve months ago."

In addition, the Company announced that Mr. Matt Delaney, DATATRAK's Interim President since May 2008, has decided to step down from his position with the Company to pursue other opportunities. Mr. Birch commented, "We want to thank Matt for his contribution through this evolutional period in DATATRAK's operating history. We wish him well in his future endeavors."

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. 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 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
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SOURCE DATATRAK International, Inc. Copyright©2009 PR Newswire. All rights reserved

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