CSS Informatics Signs Solutions Partner Agreement with Nimbus Partners
Business process management supports success in technology-focused projects
WILMINGTON, N.C. (January 10, 2008) - PPD, Inc. (Nasdaq: PPDI) today announced that CSS Informatics, the clinical and safety data management consulting services and proprietary e-technologies division of PPD, has entered into a solutions partner agreement with Nimbus Partners, a provider of process management software and services.
The agreement makes it possible for CSS Informatics to further expand its range of services to clients by supporting them in designing, managing and optimizing their business processes. Control 2007 offers a Web-facilitated collaboration environment that measures and optimizes processes, performs activity-based costing, develops and reviews scenarios for process change, and communicates the process for widespread adoption. CSS Informatics will use Nimbus' Control 2007 software for business change projects related to clinical and drug safety.
"Our alliance with Nimbus strengthens our information management service capabilities," said Graham Downing, vice president of informatics. "By joining Nimbus' process management capabilities with CSS Informatics' existing technology products and services, we will be able to deliver more complete solutions to the business challenges that our clients face. We believe that our new offerings will result in even greater success in the business change projects that we undertake."
With offices in the United States and Europe, CSS Informatics provides consulting services and proprietary e-technologies for clinical and safety data management, including design, development, implementation and validation of clinical research data systems, training and regulatory consulting services. CSS Informatics is a division of PPD, a leading global contract research organization with more than 10,000 professionals and offices in 30 countries. For more information on CSS Informatics and PPD, visit our Web sites at http://www.cssinformatics.com and http://www.ppdi.com.
Headquartered in the United Kingdom, with offices in mainland Europe, the United States, Middle East and China, Nimbus Partners is one of the UK's fastest-growing companies and is regularly featured in the Deloitte Fast 50 & 500. It has helped more than 250 organizations in 15 countries drive transformational change through process management. Nimbus delivers software and service solutions which enable the consistent adoption of strategic initiatives throughout organizations. For more information, visit www.nimbuspartners.com.
Except for historical information, all of the statements, expectations and assumptions contained in this news release, including expectations and assumptions about the cooperative agreement with Nimbus Partners, are forward-looking statements that involve a number of risks and uncertainties. Although PPD attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors which could cause results to differ materially include the following: continued success in sales growth; loss of large contracts; increased cancellation rates; economic conditions and outsourcing trends in the pharmaceutical, biotechnology, medical device, academic and government industry segments; competition within the outsourcing industry; the ability to attract and retain key personnel; risks associated with and dependence on collaborative relationships; risks associated with the development and commercialization of drugs, including earnings dilution and obtaining regulatory approval; risks associated with acquisitions and investments, such as impairments; rapid technological advances that make our products and services less competitive; risks that we may not continue our dividend policy; and the other risk factors set forth from time to time in the SEC filings for PPD, copies of which are available free of charge upon request from the PPD investor relations department.
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Posted: January 2008