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BUFFALO, N.Y., Jan. 14, 2014 /PRNewswire/ -- CTG (NASDAQ: CTG), an IT solutions and services company, announced today that it was named by the State University of New York at Buffalo (UB) as one of the companies that will gain access to its Center for Computational Research (CCR), which houses UB's supercomputing resources including one of the world's largest, most powerful supercomputers. CTG will become a key user of the CCR as part of one of several UB initiatives to be funded by investments recently announced by Governor Cuomo to establish New York State as a national leader in genomic medicine and to advance new ways to treat, prevent and manage serious diseases. These investments will leverage UB's significant expertise in genomics, medical research, and the analysis of patient data with the capabilities of UB's research centers housed within its Center for Computational Research, New York Center of Excellence in Bioinformatics and Life Sciences, and Institute for Health Informatics. CTG has previously provided IT services to UB and affiliated organizations for big data medical informatics projects.
James R. Boldt, CTG chairman and chief executive officer commented, "Access to the CCR's supercomputers and the big data infrastructure for electronic medical records and claims data to be built by UB will help CTG to enhance our clinical decision support application for better managing chronic kidney disease and to expand it to other diseases. Based upon CTG's experience and expertise in big data analytics for healthcare, we also anticipate introducing an offering that would enable firms to perform data analytics using the CCR supercomputers and big data infrastructure. Our relationship with UB's CCR will differentiate CTG as we deliver new medical informatics products and services and help position us as an important emerging big data analytics company targeted to healthcare."
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.
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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