CLEVELAND, May 4 /PRNewswire-FirstCall/ -- DATATRAK International, Inc. (OTCQX: DATA), a technology and services company focused on global eClinical solutions for the clinical trials industry, today announced that KEYPOINT GROUP and its affiliate KeyPoint CRO, Lda (KeyPoint) agreed to a 3-year Enterprise License and Master Services Agreement with the Company. Under the terms of the agreement, KeyPoint, a leading Portuguese Contract Research Organization (CRO) and a current member of DATATRAK's CRO Connect Program, will assume a "full-service" role in designing, testing and implementing its own studies on the unified DATATRAK eClinical platform. In addition, KeyPoint will be empowered to conduct its own training for all study-related personnel, as well as providing Portuguese Help Desk services to its clients and sites. In 2009, KeyPoint conducted approximately 45 studies including Phase II to Phase IV clinical trials, Observational and Epidemiological studies.
"We believe that information is the cornerstone for all of our projects and global activity. Data management and data analysis quality is a central issue to us. However, in our business, efficacy is crucial. Real-time data analysis is mandatory," said Ana Macedo, Grupo, KeyPoint CEO. "Our partnership with DATATRAK will take our studies to a new stage concerning efficacy and quality. Applying eClinical to all of our projects, and not only to clinical trials, is a change for us and DATATRAK. This partnership allows for all kinds of project benefits from the best solution available. We plan to transform the software into a daily tool."
"We are delighted to see that our relationship with KeyPoint is taking on a new dimension," said Laurence Birch, DATATRAK's Chairman of the Board. "KeyPoint was one of the first CROs to come aboard the DATATRAK CRO Connect Program, so as you can imagine we are particularly excited to see that its management team has decided to utilize our unified eClinical platform to independently manage its customers' studies. We look forward to continuing to support KeyPoint as it further expands its business."
About KeyPoint GROUP.
KEYPOINTGROUP acts in health scientific consultancy market. The GROUP is formed by 4 companies, including KeyPoint CRO; ForPoint; dotPoint and Point2Point; and 2 business units: the Health Economic Center and Functional Products Center.
KeyPoint CRO is a Portuguese company who specializes in observational studies. To date, KeyPoint has collaborated in more than 150 observational studies, in Portugal, in all major therapeutic areas, including Oncology, Cardiology, Internal Medicine, CNS and Infectious Diseases. KeyPoint's Mission is to provide methodological support to the scientific investigation in health domain, scientific advisory, information management, methodological advisory, statistical analysis, development of epidemiologic studies and clinical trials, and training actions, bearing in mind our clients' demands and their specific needs. Visit the KeyPoint web site at http://www.grupokeypoint.pt.
ForPoint is an Institute for health education and training. ForPoint is responsible for several training actions in clinical research, health economy, GCP; regulatory but also in clinical issues. dotPoint operates in IT market in health domain. We develop tailor made solutions to each client. Point2Point applies a new concept in health market - use scientific know-how as a marketing tool. We work using a 3 dimension model, "make it happen"; "learning health" and "health strategies monitoring plans".
About DATATRAK International, Inc.
DATATRAK International is a worldwide technology and services company delivering eClinical solutions and related services for the clinical trials industry. DATATRAK built its multi-component, comprehensive solution on a single, unified platform and expanded this concept to include services delivery in DATATRAK ONE, the seamless delivery of product and services. The Company delivers a complete portfolio of software products designed to accelerate the reporting of clinical research data from sites to sponsors and ultimately regulatory authorities, faster and more efficiently than loosely integrated technologies. The DATATRAK eClinical software solution, deployed worldwide through an ASP or Enterprise Transfer offering, has successfully supported hundreds of international clinical trials involving thousands of clinical research sites and encompassing tens of thousands of patients in 59 countries. DATATRAK has offices located in Cleveland, Ohio, and Bryan, Texas. For more information, visit http://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 which are difficult to predict and, in many instances, are beyond the control of the Company, and which could cause actual results to differ materially from those contemplated in these forward-looking statements. For a list of certain of the factors that may cause actual results to differ materially for those contemplated in these forward looking statements please see the Company's press release filed March 31, 2010 announcing its fourth quarter and full year results for 2009. 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 DATATRAK eClinical and certain other trademarks and logos appearing on this press release are trademarks or registered trademarks of DATATRAK International, Inc. or its affiliates. All other brands and trademarks used herein are or may be trademarks of, and are used to identify other products or services of, their respective owners.
SOURCE DATATRAK International, Inc.