Diagnostic Products Corporation's RealTime Solutions Product Wins Gold M2M Magazine's Value Chain Award
01 July 2005 - 2:28AM
Business Wire
Diagnostic Products Corporation (NYSE:DP) today announced that they
have recently won an M2M Magazine Value Chain Award for their
innovative Internet based service and support product, DPC RealTime
Solutions. M2M, the leading publication covering machine-to-machine
communications, celebrated the winners of the 2005 Value Chain
Awards June 28, 2005 at the M2M United conference in Chicago. From
hundreds of nominees, a panel of highly recognized industry
analysts judged the entries and awarded DPC the gold award in the
Manufacturing category. The Value Chain Awards honor the most
successful adopters of M2M technology and their enablers, the teams
of solution providers that made their successes possible. The
awards highlight the process of effectively combining multiple
technologies, such as device-connectivity hardware, radio modules,
network service and provision, as well as application software and
infrastructure. DPC is the world's leading independent manufacturer
of immunodiagnostic systems and reagents. In 1998, DPC pioneered
the realm of remote immunoassay instrument monitoring when it
introduced Remote Diagnostics, a modem based support feature that
now has become an industry standard. Continuing in this tradition
of innovation leadership, DPC is the first company to offer
worldwide availability of an Internet based service support product
for its immunoassay systems. State-of-the-art RealTime Solutions
(RTS) including DPC RealTime Service, allows DPC to monitor the
IMMULITE 2000 and IMMULITE 2500 systems' functions 24 hours a day
without operator intervention, ultimately shifting the service
focus from reactive (meaning repair) to proactive or prevention,
and further enhancing the system's operational efficiency. DPC
RealTime Solutions, developed in collaboration with Questra
Corporation's Intelligent Device Management (IDM) software
application, was successfully launched in 2003 both domestically
and internationally. The customer response has been overwhelmingly
positive as a result of better operational efficiency and improved
productivity for clinical laboratories using these services. The
newest applications, OnLine Reports, now allows customers, from any
Internet enabled computer, the ability to view a Levey-Jennings
report, a peer group report, an adjustment report and an on-line
target range report for DPC's quality control material. These
applications will provide the clinical lab manager unprecedented
access to information on the assay performance on the DPC IMMULITE
systems. "We are honored to have DPC RealTime Solutions recognized
by M2M Magazine," stated Douglas Olson, DPC's Chief Scientific
Officer and President of DPC Instruments Systems Division. "Our
mission at DPC is to continuously strive to be the best diagnostic
company in the world, by providing the highest quality products,
service and support to our customers. RealTime Solutions provides
our customers with a proactive approach to service support while
expanding the product's functionality with OnLine Reports - a new
application that allows our customers to view Levey-Jennings
Reports, peer group reports and additional informative reports from
any Internet enabled computer. It's great to have the results of
our efforts affirmed by the industry." "We congratulate DPC on
winning this prestigious award," said Walt Rossi, Vice President of
Marketing at Questra. "Their RealTime Solutions is an excellent
example of how medical device manufacturers and their customers can
benefit from remote intelligent device management." About
Diagnostic Products Corporation Diagnostic Products Corporation,
founded in 1971, is the global leader dedicated exclusively to
immunodiagnostics. DPC's product menu includes over 75 immunoassays
and more than 360 specific allergens and allergy panels. In
addition, DPC addresses the chemistry and laboratory automation
testing needs of its customers through partnerships with
manufacturers of chemistry systems and reagents. The combined
chemistry and immunoassay menu is one of the largest and most
diversified available, covering most laboratory tests requested.
DPC also designs and manufactures automated laboratory
instrumentation, which provides fast, accurate results while
reducing labor and reagent costs. DPC sells its products to
hospitals, clinics and laboratories in more than 100 countries.
*Additional Company information can be found on DPC's website at
www.dpcweb.com. Except for the historical information contained
herein, this press release contains forward-looking statements that
involve risks and uncertainties that could cause actual results to
differ materially. These factors include the effects of
governmental or other actions relating to the FDA's decision that
its Application Integrity Policy should be applied to the Company
or relating to the Company's Chinese affiliate; the rate of
customer demand for the Company's products; the Company's ability
to successfully market new and existing products; its dependence on
certain suppliers; domestic and foreign government regulation; its
ability to keep abreast of technological innovations and to
translate them into new products; competition; political and
economic instability in certain markets including the movements of
foreign currencies relative to the dollar; and other risks and
uncertainties disclosed from time to time in the Company's SEC
reports and filings. About Questra Corporation Questra is an
enterprise software company leading the development and marketing
of intelligent device management solutions. Equipment manufacturers
use the Questra Smart Service Solution, which proactively monitors
and manages remote intelligent devices, to provide superior yet
cost-effective support to their customers. Agfa, General Electric,
Heidelberg, Kodak, Samsung, Scientific Applications International
Corporation (SAIC), and Waters, among other Fortune 1000 companies,
have chosen Questra software as part of their corporate strategies
to advance from reactive to proactive equipment service and
support. For more information, visit www.questra.com.
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