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Axeda Presents on Information-based Service at AACC Annual Meeting and Clinical Lab Expo

Presentation with IBM will highlight value of information from diagnostic instruments deployed at clinical labs

MANSFIELD, MA -- July 22, 2003 - Axeda Systems Inc. (Nasdaq: XEDA), the world's leading provider of device relationship management (DRM) enterprise software and services, will conduct a press briefing entitled "Information Based Service for Information Based Medicine" at the 55th annual meeting and Clinical Lab Expo of the American Association for Clinical Chemistry in Philadelphia, Pennsylvania on Tuesday, July 22 at 2 p.m. in room 303a of the Pennsylvania Convention Center.

Dave Bennett, vice president of medical sales for Axeda, and Scott Jenkins, Ph.D., Devices & Diagnostics segment executive, IBM Life Sciences, will address the value of information technology for improving the service of clinical diagnostic instruments.

The Axeda® Device Relationship Management System™ lets instrument manufacturers monitor, manage, and service intelligent devices deployed at remote customer sites anywhere in the world -- cost effectively and in real time. IBM provides the IT infrastructure that suppliers and end users in biotechnology, pharmaceutical research, genomics, proteomics, and healthcare need to turn data into scientific discovery and treatments for disease. The two companies are collaborating on a range of joint marketing, sales, and educational programs designed to enable automated remote monitoring, management, and service solutions for medical and scientific instrument manufacturers.

In addition to the press briefing, more information about the Axeda Device Relationship Management will be available at the Axeda Systems reception in the Independence Ballroom, Salon I (3rd Floor) of the Philadelphia Marriott, Philadelphia, PA on Tuesday, July 22, 2003 from 5:30pm to 7:30pm

About Axeda®
Axeda Systems Inc. (NASDAQ: XEDA) is the world's 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 System™, 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 are Global 2000 companies in many markets including Medical Instrument, Enterprise Technology, Printer and Copier, Industrial and Building Automation Equipment. Axeda has sales and service offices in the US, Europe and Japan, and distribution partners worldwide. More information about Axeda is available at www.axeda.com.

About Device Relationship Management
Today's "intelligent" devices - such as medical instruments, computers and storage systems, printers and copiers, energy systems, building control units, and industrial equipment - are an important new source of business information. Device Relationship Management (DRM) systems allow companies to tap into valuable device performance and usage information any time, anywhere. Pioneered by Axeda, DRM technology provides a distributed information management system that leverages the Internet to allow timely, accurate and unbiased information to be communicated directly and automatically between intelligent devices, wherever they are deployed around the world, and service personnel or enterprise business systems. DRM helps turn reactive businesses into proactive businesses operating with increased efficiency at lower costs and generating new sources of revenue, 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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