PharmaTech Solutions, Inc. Signs Letter Of Intent to Acquire Realinterface Expert Systems, Inc.WILMINGTON, N.C. & ANNAPOLIS, Md. -- PharmaTech Solutions, Inc. ("PTS PTS put to sleep; a common euphemism for euthanasia, but also used to describe general anesthesia. ") announced that it has signed a Letter Of Intent to acquire Realinterface Expert Systems, Inc. ("RESI RESI Race and Ethnic Studies Institute RESI Richardson Engineering Services, Inc "). Technology based RESI developed and recently introduced the InClinix software system, and has demonstrated initial success in the pharmaceutical clinical development markets. Concurrently, PTS has developed and recently introduced its EPOC A 32-bit operating system for handheld devices from Symbian Ltd., London, (www.symbian.com). Used in Psion and other handheld computers, it supports Java applications, e-mail, fax, infrared exchange, data synchronization with PCs and includes a suite of PIM and productivity applications. technology (patent pending) for patient identification at the medical practice/clinical investigator level. "This is a perfect fit of technology and corporate philosophy," said J. Tobin Geatz, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of PTS. "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a company to help us create a technology platform to make our foundation of clinical investigator and patient recruitment services more valuable. Chris Sleat, Founder and CEO of Realinterface adds, "Our client-ready InClinix software complements PTS' EPOC technology to provide clinical researchers with automatic patient identification and expert screening without changing their practice or clinical behavior. This combination will surely reduce clinical trial timelines and costs," said Geatz. The companies will co-market each other's products immediately under terms of an existing agreement. About PharmaTech Solutions PharmaTech Solutions (PTS) is an integrated clinical development services company founded in 1999 with headquarters in Wilmington, North Carolina For other places with the same name, see Wilmington (disambiguation). Wilmington is a city in New Hanover County, North Carolina, United States. The population was estimated at 100,000 as of 2006;[1] and Regional Research Managers and Clinical Business Consultants throughout the U.S. PTS clients include major pharmaceutical, biotechnology and medical device organizations across the U.S. and has recently announced its entrance in the European markets beginning in April 2006. In addition, PTS has developed relationships with over 4,000 physician groups across the U.S. About Realinterface Realinterface is a specialized software applications company focused on the clinical trial and first responder first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency markets. Realinterface uses its patent-pending Expert Systems Platform to develop mobile and web-based decision support applications that allow users to quickly navigate highly specialized datasets without specialized training. Realinterface is a client company of the Chesapeake Innovation Center, the nation's first technology incubator focusing on homeland security and bioinformatics. |
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