Throughout 2007, the German office of Datatrak was mainly providing global Help Desk services in support of the Company's two existing electronic platforms for clinical trials. Help Desk services will now be provided through the company's headquarters based in Cleveland and will continue to service the global implementations of Datatrak's products. These initiatives when fully implemented will result in annual costs savings of approximately $1.1 million.
Datatrak's previous product offering of EDC-only was originally acquired from the German division of Electronic Data Systems in 1998. This legacy product necessitated more intense supervision and support which translated into a higher cost requirement.
According to the company, the newer Datatrak eClinical platform is more user-friendly, modern and intuitive which results in a diminished requirement for support, allowing for a consolidation of these services within a lower cost environment.
All of the new clinical trials being implemented by Datatrak exclusively use the new platform, while the older EDC-only product suite is planned to have its few remaining trials concluded by late 2009 or early 2010.
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