Clinicor Commences Pilot Testing of CorDat@ Version 2; A State-of-the-Art Internet Clinical Trial Management Application.Business Editors & Health/Medical Writers AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas--(BUSINESS WIRE)--March 23, 2000 Clinicor, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CLCR), an innovative provider of clinical research services to the biotechnology, pharmaceutical and medical device industries, announced today the start of a pilot test of Version 2 of CorDat@, an enhanced version of its proprietary, web-enabled clinical trial management system for accessing real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. updates on clinical research trials. CorDat@ v2 will be commercially launched for new studies following completion of the pilot test. CorDat@ v2 includes not only a new functional area, Medical Services, featuring serious adverse event tracking, but also the ability to download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. each status report into several major spreadsheet spreadsheet Computer software that allows the user to enter columns and rows of numbers in a ledgerlike format. Any cell of the ledger may contain either data or a formula that describes the value that should be inserted therein based on the values in other cells. applications. Clients, prospective clients and other interested parties can view an on-line demonstration of the enhanced version of CorDat@ at http://cordatademo.clinicor.com. Instructions are provided on the Web site to guide viewers through the CorDat@ demo demo - /de'moh/ 1. A demonstration of a product, often of an early version or prototype. A demo is a far more effective way of inducing bugs to manifest themselves than any number of test runs, especially when important people are watching. 2. demo version. 3. . CorDat@ is Clinicor's platform for bringing Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the connectivity and efficiencies to its drug development clients to enable the delivery of real-time clinical trial management information. CorDat@ is an integral part of every new Clinicor study, allowing product development trial sponsors to log onto a highly secure extranet and view real-time project updates on patient enrollment, project management, clinical data management and project financial status. "CorDat@ is an integral part of our Internet strategy and service differentiation that illustrates our commitment to provide clients with value-added, cost efficient clinical research services and information in real-time," said Clinicor President Robert Sammis. "This innovative Internet reporting capability is a result of the substantial investment we have made in implementing an enterprise wide Oracle database platform for clinical trial management. We remain committed to investing in state-of-the-art information technology to create `best of class' services that support our clients' critical clinical drug development goals." Clinicor, Inc., an Austin, Texas-based contract research organization (CRO), provides clinical development services including Phase I - IV clinical trials management, patient recruitment, monitoring, data management services and regulatory consultation to the pharmaceutical, biotechnology and medical device industries. Clinicor differentiates itself through a unique operating model Operating Model is a term that is used in many contexts. In essence an operating model describes how an organization operates across both business and technology domains. The Operating Model describes what is important for the organization. that emphasizes its specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. patient recruitment, patient management and study monitoring capabilities. Management believes that Clinicor's approach accelerates the recruitment of patient populations and enhances the accuracy of clinical data, resulting in high caliber clinical trial services offering significant value to sponsors. Additional information is available at http://www.clinicor.com. Certain statements in this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . A variety of factors could cause the Company's actual results and experience to differ materially from the results anticipated by management. Among the risks and uncertainties that could affect the Company's operations and performance are matters affecting the timing of clinical trials being conducted by the Company, including possible decisions by sponsors to suspend or alter the timing or scope of clinical trials, risks related to the management and financing of growth, and other risks. Detailed information concerning factors that could cause actual results to differ materially from management's expectations is available in the "Risk Factors" section of the Company's report on Form 10-KSB for the year ended December 31, 1998. |
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