Data Reduction Systems Announces Partnership with Microsoft(R); Joint Venture Features Integration of DRS PharmaSync(TM) with Microsoft Dynamics CRM 3.0.UNION, N.J. -- Data Reduction Systems Corp. (DRS DRS Drives (street suffix) DRS Dispute Resolution Service DRS Doctorandus DRS Department of Rehabilitative Services DRS Direct Registration System (securities) DRS Department of Rehabilitation Services ) (www.drscorp.com), a leading provider of information management products and services, announced today that it has signed a letter of intent with Microsoft to integrate its patented PharmaSync(TM) system with Microsoft Dynamics CRM Microsoft Dynamics CRM is a Customer Relationship Management software package developed by Microsoft. It is a part of the Microsoft Dynamics family of business tools. The current version of Dynamics is 3.0, released on December, 2005. 3.0. Microsoft will showcase the joint solution at CONVERGENCE 2006, its 10th annual Convergence conference, March 25-28 at the Dallas Convention Center The Dallas Convention Center, originally the Dallas Memorial Auditorium, is a meeting hall, event/convention center and civic center in the Convention Center District of downtown Dallas, Texas (USA). . Developed as a comprehensive prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, sampling solution for the Life Sciences Industry, PharmaSync(TM) is a validated, electronic, data collection tool that performs all tracking and distribution activities in real time - from samples request through to samples disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money. 2. . The "Real Time" component of samples distribution and order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment is a valuable asset for a pharmaceutical company's compliance and sales groups. It also assists with maintaining the standards set forth under the guidelines of the Prescription Drug Marketing Act
PDMA Prescription Drug Marketing Act PDMA Philadelphia Direct Marketing Association PDMA Plastic Deformation Magnetic Assembly PDMA Polarisation Division Multiple Access ). Additionally, PharmaSync(TM) helps customers meet the compliance requirement of 21 CFR CFR See: Cost and Freight Part 11 - Digital Signature Capture. Commenting on the partnership, Rick McQuade, president of DRS said, "With PharmaSync(TM) leading the charge away from the industry's reliance on mature technologies to those that are leading edge, sample accountability activities can now be handled electronically in real time, more accurately and more cost-effectively than with paper. As a Microsoft Dynamics CRM partner, we share their enthusiasm to expand the potential of PharmaSync(TM) by deploying it as a total CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. solution, one that meets the federal compliance and functional solution requirements of pharmaceutical and biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. of all sizes. Microsoft Dynamics CRM 3.0 is built to address the three key challenges that determine the success or failure of most CRM initiatives today: --User Adoption - Microsoft Dynamics CRM 3.0 facilitates high user adoption by delivering roles-based CRM capabilities within a native Microsoft Office and Outlook experience. Users can choose to use a rich Outlook client or access the system through a browser-based client or a mobile device. --Business Fit - Microsoft Dynamics CRM 3.0 easily adapts to each company's unique needs. Powerful event-driven workflow capabilities drive consistent process execution across the organization, and powerful reporting and n capabilities based on Microsoft Excel(R) and SQL Server(TM) Reporting Services offer real-time visibility into every business process and customer interaction. --Cost of Ownership - Microsoft Dynamics CRM 3.0 delivers a low total cost of ownership by offering a highly flexible and configurable platform built on Web services and other standard tools and technologies. The joint venture will focus on the integration of the two preeminent technologies - DRS PharmaSync(TM) and Microsoft Dynamics CRM 3.0 - borrowing on the strengths of each to create a seamless application. PharmaSync(TM) will serve as the validated system of record for capturing all relevant pharmaceutical sampling information. Data will then be passed from PharmaSync(TM) in real time to Microsoft Dynamics CRM 3.0 allowing users to automatically access all information captured during a practitioner's sales call. Microsoft CRM General Manager, Brad Wilson, notes "We are pleased to announce our partnership with DRS. Together we are meeting the needs of the pharmaceutical industry with an innovative solution delivered via the hosted model. This partnership is an excellent example of how business application providers can work with Microsoft to deliver an integrated solution that satisfies the increasing customer demand for Software-as-a-Service." About Data Reduction Systems Since 1985, Data Reduction Systems Corp. has been at the forefront of new information management technologies. From its origin in micrographics The production, handling and use of microfilm and microfiche. Images are created by cameras or by COM units that accept computer output directly. The documents are magnified for human viewing by readers, some of which can automatically locate a page using indexing techniques. to the latest innovations in digital storage, the company has always offered state-of-the-art archival and retrieval solutions to its industry partners. This business strategy has enabled some of the world's leading companies to enhance the integrity of their corporate standings through better management of their vital business records. DRS is located in Union, NJ. For more information, please contact DRS at 908.687.5636 or visit www.drscorp.com PharmaSync(TM) is a trademark of Data Reduction Systems Corporation. Methodology used in the PharmaSync(TM) brand system is covered by U.S. Patent No. 6,952,681. All other trademarks are the property of their respective owners. |
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