Company Adheres to U.S. Department of Commerce Guidelines for Security and Compliance
Company Receives TRUSTe Certified Privacy Seal

 

FOXBORO, Mass. – January 16, 2013Axeda Corporation, the leading provider of cloud-based service and software for managing connected products and delivering machine-to-machine (M2M) applications, today announced that Axeda’s global privacy policy adheres to the U.S.-EU Safe Harbor Framework and the U.S.-Swiss Safe Harbor Framework regarding the collection, use and retention of personal data from the European Union member countries and Switzerland.

The U.S. Department of Commerce and the European Commission have developed a framework of data protection principles ("Safe Harbor"). This framework is designed to provide U.S. organizations with a means to satisfy the EU’s legal requirement that adequate data protections be afforded to personal information transferred from the EU to the U.S. Companies that comply with this framework demonstrate their commitment to data security by formalizing stringent privacy policies for managing sensitive data.  Accordingly, Axeda has self-certified with the U.S.-EU Safe Harbor Framework, the U.S.-Swiss Safe Harbor Framework and adheres to the Safe Harbor privacy principals.

In addition to the U.S. Department of Commerce Frameworks, Axeda also announced its participation in the TRUSTe privacy program.  Axeda has earned the TRUSTe Privacy Certification Seal®. TRUSTe awards its Privacy Seal only to companies that complete TRUSTe certification, submit to ongoing site monitoring and participate in TRUSTe Dispute Resolution process.

“Complying with the U.S.-EU Safe Harbor Framework is a significant event and reinforces our continued commitment to data security. The TRUSTe seal expands upon our existing privacy and security programs and especially complements our ISO 27001 certification. Given the global nature of our customer deployments, adhering to worldwide policy guidelines is a key requirement of our security and privacy roadmap,” said Paul Novak, vice president for software as a service at Axeda.  

“Given abundant consumer privacy concerns, it’s no surprise that 71% of consumers look for trust marks before doing business online,”  said Dave Deasy, vice president, marketing of TRUSTe.  “With the TRUSTe privacy seal, Axeda sends a clear signal to its customers that it respects their personal information.”

Scope of Commitment

Axeda adheres to the U.S.-EU and U.S.-Swiss Safe Harbor Privacy Principles for all personal information that it processes and which is transferred from countries in the European Union and Switzerland to the United States.  To view the Axeda certification, please visit http://www.axeda.com/cloud.

 

###

 

About Axeda
Axeda provides the leading cloud-based service and software for managing connected products and implementing innovative M2M application — taking the cost and complexity out of connecting and remotely servicing the products of the world’s leading companies. Axeda customers use its M2M cloud service to deliver innovative M2M solutions and optimize their business processes with data from their connected products. 

By relying on the Axeda® Platform to power their connected products, companies are transforming their business by improving customer satisfaction, reducing costs, and generating new sources of revenue. The M2M solutions behind these connected products range from remote service, fleet management, usage-based insurance, asset tracking, mHealth, and more. Join our developer community at: http://developer.axeda.com and learn more at www.axeda.com.

Media Inquiries

Catherine Purcell Gryska                                    
Axeda Corporation                                              
508-530-5313                                                   
cpg@axeda.com

Dan Carlson
Corporate Ink
617-969-9192
dcarlson@corporateink.com 


Published Date: 
01/16/2013