Axeda Systems Inc. (Nasdaq: XEDA), the world's leading provider of device relationship management (DRM) enterprise software and services, today announced that it has been invited to present at the Gartner Tech Investor Summit, which will take place on November 10-12, 2003 at the Grand Hyatt at Grand Central in New York City. The event is designed to help leading institutional investors navigate technology market trends by providing insightful, independent market analysis and connections with influential companies shaping the industry. Axeda will present an overview of its business opportunity on November 12 from 11:00 until 11:30 a.m. The event will be available via webcast through the company's website at http://www.axeda.com/investor-relations/investor-webcasts.html .
Robert M. Russell Jr., chairman and CEO will discuss how the company's software solution, Axeda DRM is providing Global 2000 companies in the Medical, Technology, Industrial and Printing industries with the ability to remotely monitor, manage, and service their intelligent devices, allowing them to deliver better, proactive service at lower cost -- minimizing total cost of ownership and maximizing customer satisfaction.
Gartner Tech Investor Summit will feature 70-plus presenting companies spanning multiple aspects of IT. A major keynote address by Leon Panetta, one of the foremost U.S. economic policymakers of the last 20 years, and research from Gartner and other industry analysts will also be part of the program. For more information please visit www.techinvestorsummit.com
Gartner, Inc. is a research and advisory firm that helps more than 10,000 clients leverage technology to achieve business success. Gartner's businesses are Research, Consulting, Measurement, Events and Executive Programs. Founded in 1979, Gartner is headquartered in Stamford, Conn., and has more than 3,800 associates, including approximately 1,000 research analysts and consultants, in more than 75 locations worldwide. Revenue for calendar year 2002 totaled $888 million. For more information, visit www.gartner.com .
Axeda Systems Inc. (NASDAQ: XEDA) is the world's 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 System™, 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 Instrument, Enterprise Technology, Printer and Copier, Industrial and Building Automation Equipment. Axeda has sales and service offices in the US, Europe and Japan, and distribution partners worldwide. More information about Axeda is available at www.axeda.com .
Press Contact:
Erin Nolan Smith
Corporate
+1 508-718-6351
enolan@axeda.com
