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Kodak Versamark To Show Axeda DRM Solution at DRUPA

Mansfield, MA and Dayton, OH - April 19, 2004 - Axeda Systems Inc. (Nasdaq: XEDA) ,the world's leading provider of device relationship management (DRM) enterprise software and services and Kodak Versamark, a wholly owned subsidiary of Eastman Kodak, the leading worldwide supplier of ultra-high speed digital printing solutions announced today that they will jointly showcase Axeda's DRM solution at the DRUPA show in Dusseldorf, Germany from May 6-19, 2004.

Kodak Versamark will showcase how the Axeda DRM solution provides proactive customer service for their line of high-speed digital printing systems. Axeda DRM is loaded with key features that provide remote monitoring capability to Kodak Versamark service personnel, capturing hundreds of data points from the print engines and providing live and historic information vital for diagnosis and troubleshooting. The system incorporates multiple automated alarms that allow for prompt service interventions. Notifications are automatically generated to trigger corrective or investigative action by service, without the need for intervention on the part of Kodak Versamark's customers. Most of these alarms are very early indicators that prevent printers from suffering downtime and allowing for repairs to be accomplished during scheduled maintenance periods. The key customer benefit is increased equipment uptime and productivity.

"We are excited at the opportunity to showcase our new technology and our leadership as a provider of digital printing solutions at this major international event in the printing industry," said Kazem Samandari, vice president, Global Marketing and Product Management for Kodak Versamark, Inc. "It is a great opportunity to showcase our latest technology and newest production printing systems in our first international exhibition as Kodak Versamark."

"The DRUPA show is an important event in the printing industry that offers innovative companies like Axeda and Kodak Versamark an important platform to showcase how we are collaborating to address the needs of the digital printing industry," said Dale Calder, founder and president of Axeda Systems. "We are excited to be working with innovators like Kodak Versamark who are taking advantage of DRM technology to offer their customers exceptional customer support."

Drupa 2004, held every four years in Düsseldorf, Germany, opens on May 6 and runs through May 19. Kodak Versamark, Inc. is in Hall 5, Booth B24.

About Axeda®
Axeda Systems Inc. (NASDAQ: XEDA) is the leading provider of device relationship management (DRM) enterprise software and services. Axeda helps businesses become more competitive by using the Internet to extract real-time information hidden in their intelligent devices. The Company's flagship product, the Axeda Device Relationship Management SystemTM, is a distributed software solution that lets businesses remotely monitor, manage, and service intelligent devices deployed around the world, allowing them to optimize their service, development, sales, and manufacturing operations. Axeda customers include Global 2000 companies in many markets including Medical Instrumentation, Enterprise Technology, Industrial and Building Automation, Office Automation, and Semiconductor Equipment industries. Axeda has sales and service offices in the U.S., Europe, and Japan, and distribution partners worldwide. More information about Axeda is available at www.axeda.com .

About Device Relationship Management
Everyday intelligent devices such as copiers, building control units, medical devices, computers and storage systems, and industrial machines are an important new source of business information. Device relationship management systems allow companies to tap into this valuable information anytime anywhere. Pioneered by Axeda, device relationship management technology provides a distributed information management system that leverages the Internet to allow timely, accurate, and unbiased information to be communicated automatically between intelligent devices, wherever they are deployed around the world, and service personnel or enterprise business systems. Device relationship management helps turn reactive businesses into proactive businesses providing new sources of revenue, increased operational efficiency, and lower costs, with an ROI that is often measured in months.

About Kodak Versamark, Inc.
Kodak Versamark, Inc., a wholly owned subsidiary of Eastman Kodak Company (NYSE: EK), is a world leader in ultra-high-speed, 100% variable data, digital printing solutions for full color, spot color, and monochrome applications. The company's products include high-resolution, full- and part-page printing systems. For more information, please visit our web site at www.kodakversamark.com .

Kodak and Versamark are trademarks of Eastman Kodak Company.

About DRUPA
DRUPA is to the printing and paper industries what the Olympic Games are to athletes. Every four years, hundreds of thousands of experts come to Düsseldorf for drupa. It's an unmissable opportunity for seeing all the latest technologies in media production and processing live in action. No other trade fair has such a vast, fundamental economic and technological impact as drupa. drupa is a constant reflection of the printing and paper sectors. The world's No. 1 print media fair spotlights everything you need to succeed: machinery, equipment, materials and services for all phases of pre-press, pre-media and printing as well as paper converting, print processing and much more. This is the forum for the world of print, media and paper. www.drupa.com


Press Contact:
Erin Nolan Smith
Corporate
+1 508-718-6351
enolan@axeda.com

 
 

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