MINNEAPOLIS, Aug. 24 /PRNewswire-FirstCall/ -- Biotel Inc. (Pink Sheets: BTEL) subsidiary Agility Centralized Research Services (ACRS), a leading provider of centralized ECG collection and analysis services, today announced that it has been awarded a multi-site data collection and analysis service contract by an industry leading cardiac device company. For competitive reasons, terms of the contract were not disclosed. The study is scheduled to commence late in the third quarter of 2004.
"We are very pleased to have been awarded this important project and look forward to further opportunities as we grow this relationship and leverage the capabilities of our entire organization," said Daniel Pawlik, President of the Biotel subsidiary. "Our recent acquisition by Biotel is providing us with immediate access to industry-leading technologies. We will continue to develop and implement products, systems and services that exceed customer expectations."
Agility Centralized Research Services ("Agility" or "ACRS") provides centralized ECG research services 24 hours a day, 7 days a week, to medical device and pharmaceutical corporations, contract research organizations, and academic research organizations. Agility has offices for sales and administration in suburban Minneapolis, with research service operations in suburban Chicago.
Biotel Inc. provides medical devices, software and services primarily used by medical corporations to satisfy their various outsourcing needs. Biotel holds four operating subsidiaries. OEM distributors Braemar, Inc. and Carolina Medical, Inc. design and manufacture 24- and 48-hour Holter recorders, 30-day ECG event recorders, tissue extraction components, flow measurement and control devices, and other products which are sold to medical corporations to be used in their product lines. Agility Centralized Research Services assists medical device and pharmaceutical companies with clinical trials involving ECG data collection and management. Advanced Biosensor Inc. designs, develops and sells diagnostic cardiology software and systems to end users in hospitals and clinics.
The statements set forth above include forward-looking statements regarding Biotel Inc.'s growth opportunities, capabilities, performance, and the successful integration of Agility Centralized Research Services, LLC into Biotel's operations, which may affect the future financial and operating performance of Biotel. Biotel wishes to caution readers that actual results could differ materially from those in the forward-looking statements due to risks and uncertainties caused by a number of important factors. Management undertakes no obligation to update these forward-looking statements.
For further information, contact Daniel Pawlik at (763) 862-2529 or info@biotelinc.com
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.
Biotel Inc.
"We are very pleased to have been awarded this important project and look forward to further opportunities as we grow this relationship and leverage the capabilities of our entire organization," said Daniel Pawlik, President of the Biotel subsidiary. "Our recent acquisition by Biotel is providing us with immediate access to industry-leading technologies. We will continue to develop and implement products, systems and services that exceed customer expectations."
Agility Centralized Research Services ("Agility" or "ACRS") provides centralized ECG research services 24 hours a day, 7 days a week, to medical device and pharmaceutical corporations, contract research organizations, and academic research organizations. Agility has offices for sales and administration in suburban Minneapolis, with research service operations in suburban Chicago.
Biotel Inc. provides medical devices, software and services primarily used by medical corporations to satisfy their various outsourcing needs. Biotel holds four operating subsidiaries. OEM distributors Braemar, Inc. and Carolina Medical, Inc. design and manufacture 24- and 48-hour Holter recorders, 30-day ECG event recorders, tissue extraction components, flow measurement and control devices, and other products which are sold to medical corporations to be used in their product lines. Agility Centralized Research Services assists medical device and pharmaceutical companies with clinical trials involving ECG data collection and management. Advanced Biosensor Inc. designs, develops and sells diagnostic cardiology software and systems to end users in hospitals and clinics.
The statements set forth above include forward-looking statements regarding Biotel Inc.'s growth opportunities, capabilities, performance, and the successful integration of Agility Centralized Research Services, LLC into Biotel's operations, which may affect the future financial and operating performance of Biotel. Biotel wishes to caution readers that actual results could differ materially from those in the forward-looking statements due to risks and uncertainties caused by a number of important factors. Management undertakes no obligation to update these forward-looking statements.
For further information, contact Daniel Pawlik at (763) 862-2529 or info@biotelinc.com
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.
Biotel Inc.
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