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Press Release
Verinform Leases
Expanded Facilities
February 18, 2003 - Portland, Oregon
Verinform Systems, Inc. today announced that it
has signed a lease for approximately 8,000 square feet of new office
facilities in the historic Dekum Building, located at 519 SW Third
Avenue, Portland OR 97204.
Verinform’s Executive Vice President, Edward
M. Kolasinski, said “this new facility will enable us to provide
better service to our expanding customer base. Our company accomplished
a great deal despite cramped quarters, and it’s now time to
provide room for our growing operational needs, particularly as
our development, customer support and implementation teams expand.”
Kolasinski went on to say, “moving to downtown
Portland in the central business core is a big plus for our business,
because it makes accessible a vast array of choices across the services
we will need. Being in the center of the downtown community provides
a sense of pace and diversity which matches our corporate values,
and just isn’t available in a suburban office/flex park. Tough
times in the current real estate market also work in our favor,
generating flexibility and attractive pricing in structuring a deal
that meets the needs of an early-stage company.”
Associate Vice President Brad Christiansen of
real estate brokerage Colliers International said “we’re
delighted to have put together a creative package with Verinform.
We represent a broad selection of high-quality facilities that are
available on attractive terms to companies with the right forward-looking
perspective. At a time when vacancy rates downtown are higher than
we would prefer, and when conditions are also challenging for prospective
tenants, it’s very satisfying to help create a win-win situation
like this one.”
Other terms of the lease agreement were not released.
About Verinform
Verinform Systems, Inc. provides enterprise-grade software solutions
for academic hospitals, clinical environments and public health
laboratories. Software applications are developed on the Verinform
Protocol Manager (VPM™) platform, a set of browser-based database
and workflow tools that allows for the rapid deployment of highly
customized, extremely secure and regulation-compliant solutions.
For more information on Verinform, please visit them on the web
at www.verinform.com or call 503-231-8912.
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