Global Leader Joins Growing List of Printing Companies Licensing Axeda DRM
Lier, Belgium and Mansfield, Mass -- February 25, 2004 - Axeda Systems Inc. (Nasdaq: XEDA), the world's leading provider of device relationship management (DRM) enterprise software and services, and Xeikon International, the world's leading supplier of digital color printing systems for professional applications, today announced that Xeikon has licensed the Axeda DRM system to further improve Xeikon's service and remote diagnostics capabilities for the Xeikon 5000.
"Digital printing is the fastest growing segment within the graphics industry. To maintain its leadership position in this market, Xeikon continuously strives to enhance the productivity and reliability of its presses to provide more value for its customers," said Gert Saey, vice president Customer Services & Operations at Xeikon. "To support its superior uptime, every Xeikon 5000 comes standard with the Axeda DRM system, complemented by Acunia's wireless technology, allowing the Xeikon service organization to remotely monitor press runs and proactively intervene."
"At Axeda, we share Xeikon's commitment to quality, innovation, and excellence," said Robert M. Russell Jr., chairman and CEO, Axeda Systems. "Axeda DRM will provide Xeikon with the critical elements of product and service differentiation over their competitors by enabling Xeikon customers to maximize equipment uptime, improve customer satisfaction, operational efficiency and cost management. Xeikon will be better positioned to manage its customer base and provide them with superior customer service."
Xeikon digital web-fed color printing presses are ideally suited for 'print on demand' applications. Documents can be printed with variable data embedded for applications such as direct mail, account statements, and personalized catalogs. Xeikon presses can print on a wide range of materials, from lightweight paper to cardboard, foil, labels, and special substrates. The combination of speed, variation, flexibility, and quality make Xeikon presses mission critical for customers who are working on tight deadlines. Axeda DRM will help Xeikon provide enhanced levels of customer service.
The Axeda DRM system is a distributed enterprise software solution that allows equipment manufacturers such as Xeikon to leverage the Internet to establish continuous connections to systems deployed remotely at their customers. Axeda DRM enables service organizations to proactively monitor, diagnose and repair equipment problems remotely, or schedule maintenance appointments to alleviate developing problems before systems actually fail. This reduces the number of costly unscheduled or unnecessary service calls, and increases system uptime to further enhance customer productivity and satisfaction. The first Xeikon digital color press to be equipped with the Axeda DRM system is the Xeikon 5000, Xeikon's new flagship for high quality and high volume production printing, which was officially launched on February 19.
Headquartered in Lier, Belgium, Xeikon develops, produces and sells high quality digital color printing systems. Xeikon is the world's leading provider of production digital color printing solutions for professional applications in the commercial printing, production variable data printing, packaging and label printing and special applications markets. These systems and their related consumables have been specifically designed to meet the quality, speed, reliability, cost and variable content requirements of the global digital printing market. Xeikon is a member of Punch. For more information please visit our website: www.xeikon.com
ACUNIA nv is a leading provider of cutting-edge software and hardware solutions for fleet management, B2B and commercial telematics. Founded in 1996 as SmartMove, the company's core technology is at the origin of open platform-based telematics services. ACUNIA has extensive knowledge in the remote-management/service-provisioning of software and embedded device domains, gaining industry acclaim for "connecting the enterprise world with the embedded" along the way. ACUNIA has always secured the openness and modularity of its software and hardware components by adhering to open-standards. Due to the openness of its solutions, complex integration projects with back-office and business processes can be achieved fast, flexible and with re-usable building blocks. For ACUNIA, "interoperability" and "low development costs" are more than just mere marketing words; it is what we realize with our customers.
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.
Everyday intelligent devices such as copiers, elevators, vending machines, 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.
Press Contact:
Erin Nolan Smith
Corporate
+1 508-718-6351
enolan@axeda.com
