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Contact: Janice Odell
The Ford Odell Group
415.738.2165
jan@fordodell.com
Velos Launches Specimen Management System
— Newest Product is Fundamental for the Future in Clinical Research —
Fremont, CA - July 26, 2007 - Velos, Inc., the recognized leader and trusted resource for clinical trials management information systems for large investigator sites, today announced that it will soon release its specimen management system, called Velos eSample. This new product, scheduled for a fall release, provides investigators and pathologists with a comprehensive operations support system for managing specimen data and integrating specimen data with rich clinical data sets such as are captured in Velos eResearch, the company's flagship product line for clinical trials management.
"Velos customers have been doing basic specimen tracking in Velos eResearch for a while now," said John S. McIlwain, President and CEO of Velos. "Velos eSample adds a host of features that completes the requirement set for all aspects of specimen management. The product is particularly powerful because it leverages the clinical research functionality of Velos eResearch. As such, Velos eSample takes the specimen inventory management product genre to a previously unseen level of richness and functionality among commercially available products."
Velos eSample provides everything from patient confidentiality, to sample inventory management, to grid services for multi-site research collaboration. Notably, Velos eSample is part of a single, integrated database platform that also supports Velos eResearch. This elegant approach is ideal for scientific analysis, enabling researchers to seamlessly associate genotype data captured in Velos eSample with phenotype (clinical) data captured in Velos eResearch.
"We and our customers see a future in which a large portion of medical research will include genome data analysis," said Priti Sahai, MD, Velos VP, Product Management and Operations. "With Velos eSample, customers will be positioned for excellence in integrated specimen and clinical research information infrastructure."
As with all components of Velos eResearch, Velos eSample ensures compliance with institutional policies and standard operating procedures, and with relevant laws and regulations, such as HIPAA and CFR Part 11.
About Velos eResearch
Velos eResearch is a comprehensive clinical research management solution designed specifically for investigators and their research teams. This application blends easily into the existing workflow, streamlining and accelerating the research process and producing quality study results. Answering the need for a connectivity and data aggregating solution in the field of clinical research, Velos eResearch offers a cost-effective means to bring together all the participants in the research process. Velos has ushered in a new generation of Internet-accessible research capabilities that fundamentally improve the pervasiveness and efficiency of clinical research for the research team, trial sponsors, and the patient. These activities include study design, patient recruitment, task/time management and facilitating investigator and IRB activities leading up to the posting of patient results to a study database. Such activities need to be deeply and intelligently linked to patient clinical and lab data collection, CRF-related data capture, adverse event management, and monitoring. Integrating these information needs in an easy-to-use, workflow-oriented environment is what Velos eResearch achieves. 22 top 25 U.S. medical centers are Velos eResearch customers today (source: U.S. News and World Report America's Best Hospitals 2007).
About Velos
Velos is the trusted clinical trial management resource for investigators, sponsors and academic leaders throughout the U.S. Velos eResearch is deployed for clinical research in all parts of the healthcare enterprise and supports a broad diversity of clinical departments and functional needs. The system fundamentally improves the way data is collected, organized and shared. A pure Internet technology platform, Velos eResearch harnesses advanced powers of the Internet to enable research sites, sponsors, and patients to collaborate in a secure, integrated system platform. System users are freed of redundant data entry and related time-delays associated with most clinical research today. With emphasis on workflow, Velos integrates the clinical, administrative and financial information needs of research management. Recently, Velos has released Velos eTools, a companion product to Velos eResearch. Previously, the Velos technical services group had sole possession of this product, supporting customer requests for system configuration, data migrations, custom reporting and third party data submissions. With the release of Velos eTools, Velos is handing over the power and control of these functions to Velos eResearch customers. Founded in 1996, Velos is privately held with headquarters in Fremont, California. For more information, visit www.velos.com.
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This press release may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements.
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