Diagnostic Products (NYSE:DP)
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From Jun 2019 to Jun 2024
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.