SOURCE: OmniComm Systems, Inc.

October 31, 2005 09:37 ET

OmniComm Systems, Inc. Ranked 140th Fastest Growing Technology Company in North America on the 2005 Deloitte Technlogy Fast 500

FT. LAUDERDALE, FL -- (MARKET WIRE) -- October 31, 2005 -- OmniComm Systems, Inc. (OTC BB: OMCM), one of the fastest growing companies in the EDC marketplace, today announced that it ranked Number 140 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 2000-2004. OmniComm grew 1,462 percent during this period.

OmniComm's CEO, Cornelis Wit, credits the Company's 1,462% revenue growth to the design of TrialMaster®, the Company's flagship EDC product. Mr. Wit said, "We have designed TrialMaster to provide flexible, scalable and easy to use clinical trial solutions that are affordable. This award validates our belief in the potential of the EDC market and more specifically in the value of providing best-of-breed EDC services to clinical trial sponsors. We are honored to be part of the Deloitte Technology Fast 500 for 2005 and look forward to improving our performance in the future."

"Making the Deloitte Technology Fast 500 is a testament to a company's commitment to technology," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "With its 1,462% growth rate over five years, OmniComm Systems has proven that its leadership has the vision and determination to grow in difficult conditions."

About Deloitte

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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, Services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

About OmniComm Systems, Inc.

OmniComm Systems, Inc. (www.omnicomm.com) is one of the fastest growing companies in the EDC market place targeting its product TrialMaster® to the pharmaceutical, medical device and biotechnology companies as well as CRO's. OmniComm's growing base of satisfied customers is a direct result of OmniComm's employee's commitment to on-time, quality and within budget performance.

The TrialMaster (www.trialmaster.com) system, the core product of OmniComm, provides trial sponsors with a 21 CRF Part 11 compliant Internet-based data and trial management solution that greatly increases the efficiency, security and integrity of clinical research data and thus significantly reduces the time and expense involved in conducting clinical studies.

Safe Harbor Disclaimer

Statements about OmniComm's future expectations, including without limitation, future revenues and earnings, plans and objectives for the future operations, future agreements, future economic performance, operations and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. OmniComm intends that such forward-looking statements be subject to the Safe Harbors created thereby. Since these statements involve risks and uncertainties, including but not limited to economic competitive, governmental, contractual and technological factors affecting OmniComm's operations, markets and profitability, actual results could differ materially and adversely from the expected results.

Contact Information

  • For more info, please contact:
    Rusty Beardsley
    Executive Vice President Commercial Development
    OmniComm Systems, Inc
    215-542-8828
    Email Contact