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DRTE Dendrite International (MM)

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Share Name Share Symbol Market Type
Dendrite International (MM) NASDAQ:DRTE NASDAQ Common Stock
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Dendrite Announces Breakthrough Development Environment for Mobile Applications

08/08/2006 9:16pm

Business Wire


Dendrite (NASDAQ:DRTE)
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Dendrite International, Inc. (NASDAQ: DRTE), a leading provider of pharmaceutical industry solutions, today announced a breakthrough, flexible sales and marketing application environment for mobile devices. This environment, called Project Mobility, is designed to address the increased need for portability, convenience and personalization afforded by the latest mobile devices with smart phone technology. Dendrite's mobile environment will be used to develop applications designed to increase communication between every critical member in the pharmaceutical chain, from home office to sales representatives, as well as from prescriber to patients. With Dendrite's new application environment, companies will have the same level of transparency as with today's sales force effectiveness (SFE) applications, and will also benefit from the freedom of a lightweight device, geo-centricity and real time communication between home office and sales representative. Longer-term, this breakthrough application environment will enable the next generation of direct to patient health management marketing programs. While Dendrite's first mobile application, jForceWireless(TM), was launched in the second quarter of 2006 for China and other emerging markets, the next applications will target the United States domestic market. They will later be introduced in Europe and Australia. Dendrite will develop all future applications residing in this environment using Microsoft's Mobile PC platform. All of the applications developed on this platform will be device-agnostic using smart phone technology. "This environment is designed to enable a broader range of life sciences companies to benefit from Dendrite's robust solutions and deep domain knowledge," said John Bailye, Dendrite's chairman and chief executive officer. "Smaller pharmaceutical or medical device companies that previously couldn't afford Dendrite's solutions now can; larger companies will have the opportunity to augment their existing Dendrite architecture as companion products; and all companies that need to tackle the common prescriber to patient communication issues will have the means by which to open a dialog." The next application from this environment, an SFE solution for small to medium sized pharmaceutical and medical device companies, is currently being developed with feedback from certain prospective customers. Dendrite currently anticipates roll-out in the fourth quarter of 2006. Following this initial application, the company expects to release several additional solutions in 2007 and beyond. These solutions will be designed to work together to address issues including patient adherence and physician marketing, among others. About Dendrite Founded in 1986, Dendrite International (NASDAQ: DRTE) enables sales, marketing, clinical and compliance solutions for the global pharmaceutical industry. The Company's clients are located in more than 50 countries and include the world's top 20 pharmaceutical companies. For more information, please visit www.dendrite.com. Note: Dendrite is a registered trademark of Dendrite International, Inc. This document may contain forward-looking statements that may be identified by such forward-looking terminology as "expect," "believe," "anticipate," "will," "intend," "plan," "target," "outlook," "guidance," and similar statements or variations. Such forward-looking statements are based on our current expectations, estimates, assumptions and projections and involve significant risks and uncertainties, including risks which may result from our dependence on the pharmaceutical industry; fluctuations in quarterly revenues due to lengthy sales and implementation cycles for certain of our solutions; our fixed expenses in relation to fluctuating revenues and variations in customers' budget cycles; dependence on certain major customers; changes in demand for our products and services attributable to any weakness experienced in the economy or mergers, acquisitions and consolidations in the pharmaceutical industry; successful and timely development and introduction of new products and versions; rapid technological changes; increased competition; international operations; integrating the entities we acquire; our ability to effectively manage our growth; the protection of our proprietary technology; our ability to compete in the Internet-related products and services market; the continued demand for Internet-related products and services; the ability of our third party vendors to respond to technological change; our ability to maintain our relationships with third-party vendors; less favorable than anticipated results from strategic relationships; dependence of data solutions on strategic relationships; events which may affect the U.S. and world economies; and catastrophic events which could negatively affect our information technology infrastructure. Other important factors that should be reviewed and carefully considered are included in the company's 10-K, 10-Qs, and other reports filed with the SEC. Actual results may differ materially. The company assumes no obligation for updating any such forward-looking statements to reflect actual results, changes in assumptions or other changes affecting such forward-looking statements.

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