Axeda Systems Inc. (Nasdaq: XEDA), the world's leading provider of device relationship management (DRM) enterprise software and services, announced today that it will be a presenter at the Lazard RFID conference in Boston. The event will take place on Thursday, March 25, 2004 at the Nine-Zero Hotel from 8:00 a.m. to 3:30 p.m. The purpose of the conference is to provide investors with factual data about RFID technology and how they can take advantage of the technology industry. Paul Henderson, Vice President of Corporate Development will discuss how the Axeda DRMTM remote device monitoring solution is presently revolutionizing the way medical, technology, industrial and printing companies are doing business, and what the potential for DRM technology is in the Radio Frequency Identification (RFID) market.
RFID is a promising technology that is poised to ultimately spur a significant amount of growth within various software sectors. Axeda Systems will join leading companies as well as industry analysts from AMR Research, IT User and Nuclear Research. A major keynote speaker for the day will be Kevin Ashton, Co-Founder of the MIT Auto-ID Center.
Lazard, LLC.is a global investment bank committed to helping its clients - corporations, partnerships, institutions, governments and individuals - achieve their strategic and financial goals. The company is organized into four major areas: Investment Banking, Asset Management, Capital Markets and Alternative Investments, and is considered a leader in each of these disciplines globally. Founded in 1848, Lazard is one of the only firms that has maintained its independence and distinct identity over time. Lazard has approximately 2,500 employees located in major financial centers around the world. For more information, visit www.lazard.com .
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
