AMCs and Research Institutions Gather at Velos Annual Meeting

San Francisco, CA

—

May 15, 2009

—

Velos, Inc., the recognized leader and trusted resource for clinical trial management systems, this week hosted a constellation of prestigious academic medical centers, research institutions and industry partners at its annual meeting in San Francisco. Velos customers from throughout the U.S. gathered to discuss a variety of initiatives and to hear speakers from University of California at San Francisco, University of Kansas Medical Center and the University of Miami Miller School of Medicine. Speakers also included leaders from the Comprehensive Cancer Centers at University of Chicago, Columbia University and University of Texas MD Anderson, as well as the National Cancer Center of South Korea. Presenters shared their achievements using the Velos flagship product, Velos eResearch to bring quality and efficiency to their clinical research programs. They addressed other topics such as strategies to facilitate better data standards for medical research.

This year’s meeting was highlighted by customer enthusiasm for sharing experiences and accomplishments. Attendees were eager to collaborate in adopting state-of-the-art clinical research system infrastructure. The Velos eResearch system allows customers to internally and collaboratively manage thousands of clinical trials. Such themes as collaboration, multi-site research network management, service-oriented architecture, Web Services, outcomes measurement, patient self-reporting, and financial management were discussed throughout the two-day session.

“We’re delighted to have such a high quality group of professionals participate in this year’s gathering,” said John S. McIlwain, President and CEO of Velos. “Attendance has increased almost tenfold since our first user group meeting in 2005. This reflects our continued growth as a market leader and we want to clearly acknowledge our customers for that. We believe our exceptional, and growing, customer base has the capability to help move the entire clinical research industry forward in applying robust information technology for medical research.”

The South Korean delegation was an active participant in many sessions and this year delivered a presentation that included a direct Webcast component.  South Korea is deploying the Velos eResearch system in an unprecedented countrywide initiative that allows seamless clinical trial collaboration and information sharing among all South Korean
cancer centers.
 
Velos eResearch customers receive over 50 percent of the NIH extramural medical research funding to the 100 largest such recipients—the largest such share among clinical trial management system software vendors. The Velos eResearch customer base includes 21 top 25 U.S. medical centers and two thirds of the “Honor Roll” in the

U.S. News & World Report

2008 Best Hospitals Survey.
 
“The highly regarded medical research centers who are Velos customers provide essential support for much-needed improvements in the information model for clinical research,” continued McIlwain. “We saw this knowledge and energy in action this week in San Francisco.”

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 participate 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. Velos eTools, a companion product to Velos eResearch, empowers customers by giving them ownership and access to functions such as system configuration, data migrations, custom reporting and third party data submissions.  Founded in 1996, Velos is privately held with headquarters in Fremont, California.  For more information, visit www.velos.com.