Financial Watch:Caducian Expands Development with Neurological Data AnalysisCaducian, a healthcare software company, announced that Charles Contant, Ph.D., Department of Neurosurgery at Baylor College of Medicine, is leading another data analysis and trial of the Caducian Software. Data from an initial round of 100 neurological trauma patients from Ben Taub General Hospital, part of the Harris County Hospital District, in the Texas Medical Center will be analyzed and explored through sophisticated algorithms within the Caducian software. The goal is to further develop decision-making support for healthcare professionals working in neurology. Combined with Caducian's System, the final result promises to provide considerable insight into anticipating neurological events and assisting doctors in their efforts to better the quality of life of patients. "Having access to such a wealth of data from so many patients is a great benefit to our development efforts," said Caducian CEO Kinn Moursund. "Charlie's leadership in this field is allowing us unheard of review and analysis of our software and system. In the end we'll have developed strong decision making support tools for healthcare professionals facing patients with difficult and life threatening neurological injuries." "Innovations in neuro-critical care are focused on bettering the quality of life after a brain injury," notes Contant. "By undergoing this review, we can determine the best method for finding the critical hidden information in the data that can help us develop better treatment for patients. Even small adjustments in care can mean big changes in a patient's life after they leave the hospital." The data sets on a given patient can contain up to 320,000 variables. For the purposes of the review, Contant will be analyzing an average of 40,000 data points on a given patient. All identifying information on patients (names, etc.) will be removed to ensure patient privacy. The Caducian software will allow authorized healthcare professionals an extensive view and analysis of a patient's continuous data flows from a variety of clinical monitoring devices. Data mining and analysis of the information flows from these devices will be explored with sophisticated algorithms as well as analyzed by Caducian's patented software for clinical decision-making support. About Ben Taub General Hospital at the Texas Medical CenterBen Taub General Hospital, part of the Harris County Hospital District, is an elite Level 1 Trauma Center, one of only two in the Harris County area. This 647 licensed-bed acute care facility is one of the nation's busiest trauma centers, caring for more than 100,000 emergency patient visits each year. The medical staff is comprised of the faculty and residents of the Baylor College of Medicine with the exception of the Oral Surgery Service, which is staffed by faculty from the University of Texas-Houston. About CaducianCaducian is a privately held healthcare software company developing ways to improve patient care and provide secure clinical monitored data flows to authorized healthcare professionals. Caducian is assisting physicians in critical care decision-making by integrating clinical monitors, computer hardware, software, wireless transport processes and analytical tools. Caducian has patented clinical decision support software combined with patent-pending technology solutions. The Caducian software conveys informationand analysis from diverse devices monitoring the patient's condition to those approved to receive the data -- and secure from those who should not have access to potentially sensitive information. Headquarters for Caducian is in Austin, Texas. For more information please visit www.caducian.com. Comerica Provides $2.9 Million Credit Facility to digiMine"Comerica is committed to serving the needs of technology and life sciences companies at every stage of their lifecycle," said James Ellison, senior vice president and managing director of Comerica's Northwest Technology and Life Sciences Division. "We've had the privilege of supporting digiMine through several growth phases and we are pleased to further expand our relationship once again. We look forward to continuing to work with this innovative company as it grows." By providing data mining and data warehousing as managed services, digiMine helps customers leverage their data for better marketing, sales and service operations. Founded in March 2000, digiMine has already attracted a number of Fortune 1000 customers. The company closed a $20.3 million round of financing in mid-May 2002. "We are impressed that Comerica caters its products and services to meet the needs of technology companies," said Ron Cook, digiMine's CFO. "As a fastgrowing technology solution provider, we value partners that understand the unique opportunities and challenges of our business." About digiMinedigiMine is setting new standards for the delivery of powerful data mining and analytics. digiMine managed data mining solutions transform raw data into actionable business intelligence for more profitable marketing campaigns, sales interactions and customer relationships. The company's solutions are powered by a managed data warehouse and delivered via the Internet, providing fast deployment, a low total cost of ownership and outstanding return on investment. For additional information about digiMine call 425-460-5000 or visit the company Web site at www.digiMine.com. About Comerica's Technology and Life Sciences DivisionComerica's Technology and Life Sciences Division is one of the nation's leading technology banking practices, offering a wide range of financial services tailored to corporate customers, entrepreneurs and professionals. Veteran bankers provide credit and financial services and products to young, growing, professionally backed technology and life sciences companies, as well as their more mature counterparts in the computer products, Internet services, telecommunications, life sciences and e-commerce industries. From 19 offices located across the U.S., Comerica's Technology and Life Sciences Division serves all major technology centers. Comerica is among the 20 largest banking companies in the nation, with $50 billion in assets. For more information, visit www.comerica.com. DeWolfe Companies Sold on Cognos Business IntelligenceThe DeWolfe Companies, specializing in homeownership services including real estate brokerage, relocation, mortgage, and insurance services, needed an endto -end business intelligence solution that would help strengthen customer relationships and enable managers to drive corporate performance across the enterprise. To fulfill this need, DeWolfe turned to Cognos Toronto, a world leader in business intelligence (BI), and Creative Computing, a Cognos Pinnacle Partner. DeWolfe is using Cognos DecisionStream to consolidate data across all systems, delivering a unified and consistent view of operations. Executives and managers are able to analyze and report on budget, customer, and competitive data in a fraction of the time previously required. Data is rolled up into critical key performance indicators (KPIs), used by executives to quickly make the strategic decisions that guide the business. "The Cognos tools are extremely powerful. They enable users to quickly consolidate and effectively use customer and corporate data, dramatically improving the way in which our executives manage corporate performance," said David Potter, information services manger for DeWolfe. "Cognos offers the only end-to-end business intelligence solution with the scalability and flexibility needed to manage the complex needs of DeWolfe's users." Finance managers at DeWolfe are using Cognos to expedite financial reporting cycles. Cognos' zero footprint architecture allows DeWolfe to consolidate all data on the Web, eliminating the need to manually sift through stacks of paper reports. "Using Cognos, our finance managers can drill down to line item detail; perform trend analysis; deliver faster, more accurate budgets and forecasts," added Potter. "Management at the DeWolfe Companies had the foresight to authorize the development and delivery of an integrated business performance management system for key decision-makers and knowledge workers," said David Doucette, president and chief executive officer, Creative Computing. "Not only are executives now able to measure performance across all five divisions, but more importantly, we've been able to provide DeWolfe one unified view of the customer. This allows opportunities to deliver unparalleled customer service and drive additional revenue." "Cognos has the industry's only end-to-end business intelligence solution that can meet the demands of today's complex enterprises," said Dave Laverty, senior vice president, global marketing, Cognos. "Cognos enables the entire management cycle -- planning, budgeting, reporting, analysis, and scorecarding -- and provides managers and executives with the information they need to better manage corporate performance." About the DeWolfe CompaniesThe DeWolfe Companies provides "one-stop- shopping" with the security and convenience of all services relating to home ownership under one roof. DeWolfe offers residential real estate brokerage services, mortgage services, insurance (all personal lines) and moving services providing customers ease of access and speed of transaction. The Company also enables corporations to attract the best job candidates through its DeWolfe Relocation services, providing comprehensive services needed by relocating employees. DeWolfe's 115 sales centers in Massachusetts, New Hampshire, Connecticut and Rhode Island, and Maine have deep roots in their communities and provide the company's high quality customer service to all clients. For information, visit their Web site at www.dewolfe.com. About Creative ComputingCreative Computing, a leading Cognos services partner, has been designing, building and deploying business intelligence solutions based on Cognos software products for over 10 years. By following a Best Practices approach Creative Computing has successfully partnered with hundreds of Cognos customers, allowing them to build environments designed to enable key business users to access relevant business information. Creative Computing is headquartered in Lincoln, RI, and office in Boston, MA. For information, visit their Web site at: www.creatcomp.com. About CognosCognos, a world leader in business intelligence (BI), delivers software that helps companies improve business performance by enabling effective decision-making at all levels of the organization. A forerunner in defining the BI software category, Cognos delivers the next level of competitive advantage-Corporate Performance Management (CPM) - achieved through the strategic application of BI on an enterprise scale. CPM lets organizations measure execution against business strategy to ensure the two are aligned at all levels across the enterprise. Cognos provides a framework for CPM that links people, information, and decision-making processes throughout the organization, and enables the complete management cycle with integrated software for planning, budgeting, reporting, analysis, and scorecarding. Cognos serves more than 19,000 customers in over 120 countries. Cognos enterprise business intelligence solutions and services are also available from more than 3,000 worldwide partners and resellers. For more information, visit Cognos at www.cognos.com. WebTone Technologies Announces Agreement with MicrosoftUnder the agreement, WebTone will join forces with Microsoft to deliver TouchPoint, WebTone's flagship customer relationship management (CRM) solution suite, to financial institutions that demand a high return on investment without sacrificing performance or reliability. TouchPoint enables organizations to cost-effectively offer a rich customer experience by leveraging Microsoft technologies to provide a single view of the customer at the enterprise level and deliver that view to the customer's preferred points of contact, including the branch, call center, ATM, or Internet. The multi-year agreement expands upon an existing relationship the companies formed in 1999 to meet growing demand from banks, insurers and other financial institutions for CRM solutions. This expanded relationship spans technology development, marketing, sales, and solutions support based on WebTone's TouchPoint platform. Under the new agreement, Microsoft .NET Enterprise Server platform will be the reference platform for the TouchPoint solution. Microsoft will provide consulting services, support services and technical training to assist WebTone in the development of solutions using .NET technologies. The agreement will ensure that WebTone can remain in the forefront of delivering leading-edge solutions to financial institutions that fully leverage Microsoft technologies. According to Warren Lewis, Microsoft's industry manager for banking, "WebTone's rich domain expertise in the financial services industry along with its strong presence within a wide spectrum of financial institutions was an important part of the decision to join with WebTone. Another important factor in the decision was WebTone's extensive knowledge and use of Microsoft's enterprise platform technologies." WebTone's recently announced wins at SunTrust Bank and Banknorth Group are currently being rolled out on the Microsoft computing platform, further validating the market's need for enterprise-quality customer care solutions that are both cost effective and easily deployed, yet meet the most demanding customer requirements for scalability and reliability. "This collaboration will help our clients be more agile in a constantly evolving industry and allow them to improve operational efficiency while achieving measurable ROI," said Jim Szyperski, president and CEO of WebTone. "Microsoft .NET, Microsoft's XML Web services platform, removes barriers to data sharing and software integration. The new platform creates a simple, consistent and secure way for users to interact with applications, services and devices." About WebTone TechnologiesWebTone Technologies is a touch point management company that provides proven, enterprise-wide customer relationship management (CRM), platform automation and customer interaction management solutions that enable financial institutions to increase customer profitability. Combining more than 21 years of branch and contact center expertise with advanced browser-based selfservice and blended media customer interaction capabilities, WebTone solutions ensure consistent, superior customer care at all touch points throughout the organization while increasing operational efficiencies and enhancing sales and marketing opportunities. Currently, WebTone solutions are in production at a number of the nation's leading financial institutions, ranging in assets from $3 billion to more than $700 billion. For more information, visit www.webtonetech.com. or call 866-webtone. |