Acxiom and NDCHealth Announce a Strategic Technology Infrastructure Agreement Aimed at Enabling 'Best-in-Class' Information Solu
September 29 2005 - 11:00AM
PR Newswire (US)
ATLANTA and LITTLE ROCK, Ark., Sept. 29 /PRNewswire-FirstCall/ --
NDCHealth(R) Corporation (NYSE:NDC) and Acxiom(R) Corporation
(NASDAQ:ACXM) today announced a long-term strategic initiative
whereby Acxiom will transform and manage the technology
infrastructure of NDCHealth's Information Management business unit.
The collaborative project will create a proprietary data factory
for NDCHealth utilizing Acxiom's automated grid-enabled information
management platform. NDCHealth is a leading provider of healthcare
technology and information solutions serving pharmacies, hospitals
and health systems, healthcare professionals in medical practices,
and more than 100 of the top pharmaceutical manufacturers.
NDCHealth's Information Management unit collects data from retail
pharmacies, healthcare institutions, and managed care entities in
the U.S., and tracks nearly 300,000 drug codes to monitor
prescribing activity by over 1.6 million physicians and healthcare
providers. The Information Management unit utilizes more than 85
terabytes of unique data assets to offer informatics and decision
support solutions enabling pharmaceutical manufacturers to evaluate
market performance, more effectively develop and position product
offerings, optimize marketing and sales strategies, and better
understand the impact of drug therapies. The 10-year agreement will
provide an infrastructure that will allow NDCHealth's Information
Management unit to develop and deploy new information product
offerings within the healthcare industry. The companies believe
that pharmaceutical manufacturers, in particular, will be able to
benefit from and leverage NDCHealth's advanced analytics, rapid
product-to-market execution and improved speed of delivery, in
conjunction with the flexibility and power of Acxiom's
state-of-the-art data factory infrastructure, one of the world's
largest configurable grid computing platforms. "This initiative
should enable our Information Management business to rapidly
realize our vision of providing the best-in-class informatics
solutions to the healthcare industry by accelerating our strategic
business transformation," said Michael Weintraub, Executive Vice
President and General Manager of NDCHealth's Information Management
unit. "We expect this technology infrastructure and data factory
conversion to allow NDCHealth to provide enhanced market insight
and customer responsiveness as we extend the quality and value of
our current customer-driven information solutions. The speed and
flexibility we expect to gain should also accelerate delivery of
our new solutions. Moreover, we believe Acxiom's unique
grid-enabled technology expertise will dramatically improve our
data processing and overall data quality, and enable the
transformation of our infrastructure as we focus on advancing our
Information Management business objectives." "This relationship
with NDCHealth represents the third data center re- engineering
project we have undertaken using our grid computing technology, and
Acxiom now has more than 50 clients leveraging the capabilities of
our proprietary grid platform," said Acxiom Company Leader Charles
D. Morgan. "We look forward to delivering our unique technology to
NDCHealth as they continue to provide vital healthcare information
services to the U.S. healthcare industry." About NDCHealth
NDCHealth (NYSE:NDC) is a leading information solutions company
serving all sectors of healthcare. Its network solutions automate
the exchange of information among pharmacies, payers, hospitals and
physicians. Its systems and information management solutions help
improve operational efficiencies and business decision making for
providers, retail pharmacy and pharmaceutical manufacturers.
Headquartered at Atlanta, Ga., NDCHealth provides information vital
to the delivery of healthcare every day. The Information Management
unit, headquartered in Phoenix, AZ., provides information solutions
to the healthcare industry. For more information, visit
http://www.ndchealth.com/. About Acxiom Corporation Acxiom
Corporation (NASDAQ:ACXM) integrates data, services and technology
to create and deliver customer and information management solutions
for many of the largest, most respected companies in the world. The
core components of Acxiom's innovative solutions are Customer Data
Integration (CDI) technology, data, database services, IT
outsourcing, consulting and analytics, and privacy leadership.
Founded in 1969, Acxiom is headquartered in Little Rock, Arkansas,
with locations throughout the United States and Europe, and in
Australia and China. For more information, visit
http://www.acxiom.com/. Acxiom is a registered trademark of Acxiom
Corporation. NDCHealth is a registered trademark of NDCHealth
Corporation. DATASOURCE: NDCHealth Corporation CONTACT: Jonathan
Portis of Acxiom, +1-501-342-6284, or ; or Robert Borchert of
NDCHealth, +1-404-728-2906 or Web site: http://www.ndchealth.com/
http://www.acxiom.com/
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