DATATRAK International Management to Host Conference Call on November 6, 2008 to Discuss Third Quarter and Nine Month Operating Results for 2008
CLEVELAND, Oct. 30 /PRNewswire-FirstCall/ -- DATATRAK International, Inc.
(Nasdaq: DATA), a technology and services company focused on global eClinical
solutions for the clinical trials industry, today announced that it will host
a conference call to discuss third quarter and nine month operating results
for 2008 at 4:30 p.m. ET on Thursday, November 6, 2008.
To participate via phone, participants are asked to dial 412-858-4600 a
few minutes before 4:30 p.m. ET. The conference call will also be available
via live web cast on DATATRAK International, Inc.'s web site by clicking the
button labeled "Click here for Live Web Cast, 3rd Quarter Earnings Call" on
the Company's homepage at www.datatrak.net a few minutes before 4:30 p.m. ET.
A replay of the phone call and web cast will each be available at
approximately 6:30 p.m. ET on November 6, 2008 and will run until 9:00 a.m. ET
on November 13, 2008. The phone replay can be accessed by dialing
412-317-0088 (access code 424446). To access the web cast replay go to the
Company's homepage at www.datatrak.net and click the button labeled "Click
here for Replay of Web Cast, 3rd Quarter Earnings Call."
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
United States Food and Drug Administration (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 international clinical trials involving thousands of clinical
research sites and encompassing tens of thousands of patients in 59 countries.
DATATRAK International, Inc.'s product suite has been utilized in some aspect
of the clinical development of 16 drugs and one medical device that have
received regulatory approval from either the FDA or counterpart European
bodies. DATATRAK International, Inc. has offices located in Cleveland, Ohio
and Bryan, Texas. Its common stock is listed on the NASDAQ Stock Market under
the ticker symbol "DATA". Visit the DATATRAK International, Inc. web site at
www.datatrak.net .
Except for the historical information contained in this press release, the
statements made in this release are forward-looking statements. These forward-
looking statements are made based on management's expectations, assumptions,
estimates and current beliefs concerning the operations, future results and
prospects of the Company and are subject to uncertainties and factors
(including those specified below) which are difficult to predict and, in many
instances, are beyond the control of the Company. Factors that may cause
actual results to differ materially from those in the forward-looking
statements include the limited operating history on which the Company's
performance can be evaluated; the ability of the Company to continue to
enhance its software products to meet customer and market needs; fluctuations
in the Company's quarterly results; the viability of the Company's business
strategy and its early stage of development; the timing of clinical trial
sponsor decisions to conduct new clinical trials or cancel or delay ongoing
trials; the Company's dependence on major customers; government regulation
associated with clinical trials and the approval of new drugs; the ability of
the Company to compete in the emerging EDC market; losses that potentially
could be incurred from breaches of contracts or loss of customer data; the
inability to protect intellectual property rights; delisting of the Company's
common shares from the Nasdaq due to our failure to continue to meet
applicable Nasdaq Capital Market requirements; 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; the outcome of the Company's
disputes with former shareholders of ClickFind, Inc.; the effects and outcomes
of the Company's exploration of potential opportunities directed at maximizing
shareholder value; 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.