First global show focused on the machine-to-machine (M2M) market
Mansfield, Mass -- April 7, 2004 - Axeda Systems Inc. (Nasdaq: XEDA), the world's leading provider of device relationship management (DRM) enterprise software and services, announced today that it will present at the M2M Expo and Conference in Dallas, TX, on Wednesday, April 14, 2004. Paul Henderson, Axeda's vice president of Corporate Development will discuss the evolution of remote monitoring and how software solutions, like Axeda DRMTM, are being >utilized to monitor devices in real-time via the Internet.
"Axeda is at the center of machine-to-machine (M2M) communications, and we are excited about the opportunity to participate in the M2M Expo, the first global show focused on the M2M market," said Paul Henderson. "It is a great opportunity to showcase how DRM solutions are enabling companies to remotely monitor, manage, and service products in use at customer sites, 24x7, anywhere in the world. DRM is enabling the real-time enterprise, letting businesses deliver better, proactive service at lower cost -- minimizing total cost of ownership and maximizing customer satisfaction."
The M2M Expo and Conference will bring together key players in the machine-to-machine market, and educate adopters about the uses and innovations in machine communication. The emerging M2M market is focused on enabling machines to effectively communicate with other machines in an open manner, anywhere in the world. Mr. Henderson will participate in two panel discussions on Wednesday, April 14 at the Adam's Mark Hotel in Dallas, TX. The session "Asset Management & Device Monitoring" will begin at 2:00 p.m. and "Devices as Actors in the Enterprise" at 4:00 p.m. For additional information, please visit www.m2mexpo.com.
The M2M Expo was created to bring together for the first time, the key players in the emerging industry of machine-to-machine communication (M2M). Designed as an educational and business development venue, the Expo will define the M2M space, structure, players, distribution, and relationships required for the industry to evolve into a significant global business space. Organized by Dallas-based Clasma Inc., a marketing, conference and media company providing services to the building systems and device connectivity industries, the Expo was created by the leading voices in the M2M industry. Partners in this venture include Harbor Research, Inc., the leader in strategic consulting and research for communications, computing, control and content; Spinnaker Venture Partners, an investment and advisory firm exclusively focused on developing leading businesses in the M2M market; and M2M magazine, the first and only publication exclusively dedicated to coverage of the machine-to-machine communication market.
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 Instrument, Enterprise Technology, Office And Print Production Systems and Industrial and Building Automation. 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, 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
