OmniComm Systems, Inc. Retains Emerging Growth Equities, Ltd., as its Strategic Financi... ( FT. LAUDERDALE Fla. July 7 /- OmniCom...)

OmniComm Systems, Inc. Retains Emerging Growth Equities, Ltd., as its Strategic Financial Advisor

Date:7/7/2009

FT. LAUDERDALE, Fla., July 7 /PRNewswire-FirstCall/ -- OmniComm Systems, Inc. (OTC Bulletin Board: OMCM), a leader in integrated electronic data capture (EDC) solutions for clinical trials announced today that its Board of Directors has retained Emerging Growth Equities, Ltd. (EGE) as its strategic financial advisor to assist in evaluating strategic alternatives with a focus on acquisitions that may be available to the Company.

"We believe that the scope of our product offerings and broad team of experienced eClinical experts provide us with an excellent opportunity to continue executing on our strategy of increasing our presence in the eClinical market. In particular, we are focused on increasing our penetration of a broader spectrum of clients by expanding the scope of integrated eClinical solutions we can offer our clients. We feel strongly that the time is right to engage EGE to assist the company in enhancing shareholder value and advancing the company's overall growth strategy," said Cornelis F. Wit, OmniComm's President and CEO. "EGE has been a valuable advisor to us in the past on both capital transactions and in our recent acquisition of eResearch Technology's EDC business. We believe they bring a wealth of experience and expertise in the healthcare IT sector and are an excellent strategic partner for us in the process of evaluating opportunities for strategic growth. Given the recent move towards consolidation in our industry and our investment in infrastructure over the past few years we believe that there may be value to our customers and our shareholders in exploring transactions that will allow us to grow our product line as well as the depth and breadth of our customer pipeline."

Emerging Growth Equities, Ltd., President and CEO, Greg Berlacher stated, "We are very excited about the opportunity to work with one of the fastest growing and innovative companies in the EDC space today. We have worked with th
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