CTG Ranks in Top Third of InformationWeek 500 Business Innovation List
CTG's innovative approach to using predictive analytics for personalized medicine is recognized
BUFFALO, N.Y., Dec. 13, 2013 /PRNewswire/ -- CTG (NASDAQ: CTG), an IT solutions and services company, announced today that it placed 132, putting it in the top third, on the 25th annual InformationWeek 500 list of the country's most innovative users of business technology. To qualify for the InformationWeek 500 list, companies with $250 million or more in annual revenue were invited to complete a comprehensive application on the use of best practices and the most current technology in the company's operations and product offerings, as well as a description of the company's single most innovative business technology initiative completed in the last year.
CTG's technology innovation submission was based on its approach for delivering a comprehensive solution for electronic medical record (EMR) integration of genomic testing for patients with cancer, in conjunction with Roswell Park Cancer Institute (RPCI), a National Cancer Institute-designated comprehensive cancer center in Buffalo, NY. The goal of this collaboration is to bring to market in the next year a suite of unique personalized medicine products that would have a powerful clinical impact in the selection of targeted therapies for patients with cancer. CTG is providing RPCI expertise in EMRs, information technology, bioinformatics, and data analytics to enable delivery of personalized treatments to patients on a regional and national level.
"Making the top third of this prestigious list highlights CTG's success in developing innovative, breakthrough data analytics products for healthcare providers and payers," said James R. Boldt, CTG chairman and chief executive officer. "We are very excited about our latest innovation that results from working with Roswell Park Cancer Institute on combining genomic sequencing with electronic medical records. This approach will position CTG with one of the first of its kind leading-edge data analytics offerings in the genomic science field. Moreover, CTG already offers a suite of proprietary data analytics software products that use large data sets to evaluate medical treatments and claims to facilitate better patient outcomes and reduce healthcare costs."
About CTG
CTG develops innovative IT solutions to address the business needs and challenges of companies in several higher-growth industries including healthcare, financial services, energy, and technology services. As a leading provider of IT and business solutions to the healthcare market, CTG helps healthcare institutions, physician practices groups, payers, and related organizations achieve clinical and financial goals. Additionally, CTG has developed for the healthcare provider and payer markets unique, proprietary software solutions that support better and lower cost healthcare. CTG also provides managed services IT staffing for major technology companies and large corporations. Backed by more than 45 years of experience, proprietary methodologies, and an ISO 9001-certified management system, CTG has a proven track record of delivering high-value, industry-specific solutions. CTG operates in North America and Western Europe. CTG posts news and other important information online at www.ctg.com.
About Roswell Park Cancer Institute
The mission of Roswell Park Cancer Institute (RPCI) is to understand, prevent and cure cancer. Founded in 1898, RPCI is one of the first cancer centers in the country to be named a National Cancer Institute-designated comprehensive cancer center and remains the only facility with this designation in Upstate New York. The Institute is a member of the prestigious National Comprehensive Cancer Network, an alliance of the nation's leading cancer centers; maintains affiliate sites; and is a partner in national and international collaborative programs. For more information, visit www.roswellpark.org, call 1-877-ASK-RPCI (1-877-275-7724) or email [email protected]. Follow Roswell Park on Facebook and Twitter.
Safe Harbor Statement
This document contains certain forward-looking statements concerning the Company's current expectations as to future growth. These statements are based upon a review of industry reports, current business conditions in the areas where the Company does business, the availability of qualified professional staff, the demand for the Company's services, and other factors that involve risk and uncertainty. As such, actual results may differ materially in response to a change in such factors. Such forward-looking statements should be read in conjunction with the Company's disclosures set forth in the Company's 2012 Form 10-K, which is incorporated by reference. The Company assumes no obligation to update the forward-looking information contained in this release.
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