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DATATRAK International, Inc. Announces Fourth Quarter and Full Year Results for 2008
Date:3/16/2009

sses 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 Company's success in integrating its acquisition's operations into its own operations and the costs associated with maintaining and/or developing two product suites; delisting of the Company's common shares from the Nasdaq Capital Market; 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.



                DATATRAK International, Inc. and Subsidiaries
                  Condensed Consolidated Balance Sheet Data
                                 (Unaudited)

                                    December 31, 2008    December 31, 2007

    Cash and investments                   $2,372,294           $8,514,361
    Restricted cash - current                 218,276                  ---
    Accounts receivable, net                  927,490            1,070,688
    Property & equipment, net                 785,549            3,534,799
    Deferred tax assets                       145,400            1,399,000
    Intangible assets, net                        ---              520,458
    Goodwill                                      ---           10,856,113
    Other                                     198,131              577,792
      Total assets                         $4,647,140          $26,4
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SOURCE DATATRAK International, Inc.
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Related medicine news :

1. DATATRAK International, Inc. Announces the Return of Chris Wilke as Vice-President of R&D and the Issuance of a Patent
2. DATATRAK Announces Retirement of Chief Executive Officer
3. DATATRAK International, Inc. Receives Notice from NASDAQ
4. NTT DATA Launches First Self-Designed DATATRAK eClinical(TM) Project Into Production in Japan
5. DATATRAK International, Inc. Announces 2008 Third Quarter and Nine Month Operating Results
6. DATATRAK International Management to Host Conference Call on November 6, 2008 to Discuss Third Quarter and Nine Month Operating Results for 2008
7. DATATRAK International, Inc. Receives Notice From Nasdaq
8. Ease-of-Use and Intuitive Nature of the DATATRAK eClinical(TM) Platform Allows for Further Operational Efficiencies
9. DATATRAK Announces Restructured Senior Management Team
10. DATATRAK International Reports Fourth Quarter and Full Year Results for 2007
11. DATATRAK International Management to Host Conference Call on February 26, 2008 to Discuss Fourth Quarter and Full Year Operating Results for 2007
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