Company Also Makes Top 125 List of Most Influential Manufacturing Technology Providers for Excellence in Remote Service
FOXBORO, Mass. - May 14, 2007 - Axeda Corporation, the secure remote service and support company, has been recognized by START-IT Magazine on two key rankings: the 2007 'Hottest Companies' and the 125 most influential manufacturing technology providers. Axeda's inclusion in these competitive listings reflects the growing awareness that remote service gives manufacturers a competitive edge by providing customers with superior product up time and performance.
"This year's 'Hot Company' candidate pool was the most competitive yet," said Peggy Smedley, START-IT editorial director. "Axeda is making a tangible difference in its clients' businesses and has a strong track record of innovation and business growth, exemplifying the characteristics we look for in our winners."
START-IT 'Hot Company' winners are recognized for a consistent track record of revenue growth, customer success and innovative technologies. The START-IT 125 recognizes companies driving the greatest influence on the direction of the industrial manufacturing market. Both rankings distinguish companies who have a proven ability to deliver high-value solutions to the market.
Axeda's leading remote service solution enables manufacturers to monitor, access, diagnose and repair equipment at customer sites for optimized performance. Its secure communication and rich functionality helps manufacturers ensure the highest standards for uptime, a cornerstone of customer loyalty. Axeda's solutions are deployed in some of the most secure environments in the world, including financial institutions, hospitals, telecoms and government facilities.
"These awards mirror the demand from our customers to deliver best-in-class service more cost-effectively, while increasing service revenues," said Dale Calder, CEO of Axeda. "As manufacturers seek new competitive differentiators, remote services are delivering this critical edge."
A complete list of this year's Hottest Companies is available at http://www.specialtypub.com/startit/hottest/listing.asp and the 125 top influencers at: http://www.specialtypub.com/startit/startit125/listing.asp.
About Axeda
Axeda Corporation is the secure remote service and support company. Its solution helps Fortune 1000 companies worldwide, including Abbott Laboratories, Diebold and EMC, proactively service and support products to ensure optimal uptime at the lowest possible cost. In 2006, Axeda became the first and only remote service application provider to receive the prestigious VeriSign® Security Certification. Axeda Corporation is a privately held company headquartered in Foxboro, Mass. and can be reached at www.axeda.com.
