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Axeda Systems President to Speak at Field Service 2004 Conference

Mansfield, MA -- May 20, 2004 - Axeda Systems Inc. (Nasdaq: XEDA), Axeda Systems Inc. (NASDAQ: XEDA), the world's leading provider of device relationship management (DRM) software and services, announced today that its president and founder, Dale Calder will give the Chairperson's Opening Address at the Field Service 2004 conference in La Jolla, CA on Tuesday, May 25, 2004. Developed by Worldwide Business Research, Field Service is the leading industry event for executives responsible for service and support operations.

"I am pleased to have the opportunity to speak to this esteemed group of industry leaders," said Mr. Calder. "Technology, such as device relationship management, is changing the way services businesses operate. When embraced and leveraged effectively it can transform businesses into service-driven organizations that are equipped to proactively meet customers' ever-increasing needs, while simultaneously reducing costs."

Mr. Calder will elaborate on how service organizations can take advantage of technology to grow their businesses and gain a competitive advantage for the future. He will address conference attendees at 8:00 a.m. on Tuesday, May 25, 2004 at the Hyatt Regency La Jolla, La Jolla, CA. Companies represented at the conference include, Boeing, HP, Nextel, Samsung, Xerox, Lockheed Martin, Roche, Kodak, Agilent, Abbott, Philips, and Raytheon. For additional information, please visit www.axeda.com or the Field Service conference site at http://www.wbresearch.com/fieldservice04/ .

About Worldwide Business Research (WBR)
WBR is the leading producer of worldwide annual large-scale, executive level conferences focused in the areas of Retail, Supply Chain, Defense, B2B, B2C and Wireless E-Commerce, Finance, Energy, Biotechnology, Human Resources, Manufacturing and Maintenance. Through extensive market research, WBR's highly focused events deliver timely, need-to-know information. Through carefully crafted, powerful case study presentations you will learn how leaders in your industry have tackled the same significant issues that you face on a daily basis. WBR has offices in London, New York and Singapore. The company is a subsidiary of Penton Learning Systems LLC.

About AxedaŽ
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 .

About Device Relationship Management
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

 
 

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