Axeda Systems Inc. (Nasdaq: XEDA) announced today it will host a press conference detailing how remote diagnostics technology promises to revolutionize medical laboratories by increasing instrument reliability.
The press conference, scheduled for Wednesday, July 31 at 2 p.m. at the 54th annual meeting of the Association for Clinical Chemistry in Orlando, FL, will feature a presentation by James D. Peele, Ph.D. director of clinical chemistry at Baptist Medical Center in Jacksonville, FL. Dr. Peele will discuss how his laboratory benefits from Beckman Coulter's PROService remote diagnostics service program, which uses the Axeda Device Relationship Management System(TM) technology. The technology is available on Beckman Coulter's SYNCHRON LX(R)20 clinical systems, one of the most widely placed series of chemistry analyzers in U.S. hospitals.
Baptist Memorial Hospital, part of the Baptist Medical Center network, uses two SYNCHRON LX20 systems to run close to one million tests a year. As a result of the remote diagnostics technology, the hospital benefits from increased instrument uptime, improved call center support, more efficient maintenance service and other new capabilities.
"This technology is almost like a home security system: You set your alarm and then go to bed. It's a level of security that has enormous practical benefits to healthcare since instrument problems can be addressed before they result in instrument downtime," said Dr. Peele. "At Baptist Medical Center, we have been able to increase instrument uptime and reduce service calls because the technology can identify potential problems before they result in a malfunction. And this often occurs before my staff is even aware of the potential problem."
Added David Bennett, director of medical sales for Axeda and a co-presenter at the press conference, "Now with a full year of field experience with Beckman Coulter, we're able to share real world results that illustrate the remarkable benefits of Axeda DRM. This forum will be very informative for anyone who is interested in understanding how companies are successfully using Internet-based DRM technology to implement effective remote diagnostics solutions for the clinical lab."
WHAT:
"The Future of Remote Diagnostics: The Baptist Medical Center Case Study" Press Conference at the AACC/ASCLS Annual Meeting and Clinical Lab Expo
WHEN:
Wednesday, July 31 at 2 p.m.
WHO:
James D. Peele, Ph.D.
Director of Clinical Chemistry, Baptist Medical Center
David Bennett
Director of Medical Sales, Axeda
Richard O. Roessler
Director of Sales & Service Operations, Beckman Coulter, Inc.
WHERE:
Orange County Convention Center, Room 206a
Orlando, Fla.
RSVP:
Michael Bourne, Mullen
978-468-8953 or michael.bourne@mullen.com
In July 2001, Beckman Coulter successfully deployed the Axeda Device Relationship Management System on its SYNCHRON LX20 systems at several hospitals. In March of this year, Beckman Coulter also selected the technology for its COULTER(R) LH 700 hematology line, a series of high-volume analyzers used by diagnostic laboratories to perform routine and emergency blood cell counts.
In addition to the press conference, more information about the Axeda Device Relationship Management System and Beckman Coulter's PROService program will be available at:
- Axeda Systems Booth # 1935 and Beckman Coulter Booth # 5210 at the Orlando County Convention Center at the AACC Annual Conference from July 30-August 2, 2002, and
- Axeda Systems reception in the Conway Room at The Peabody Hotel, Orlando, July 31 from 5-7 p.m
Axeda Systems Inc. (NASDAQ: XEDA) is the pioneer in the growing market for 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 Industrial and Building Automation, High-technology, Medical Instrumentation, Office Automation and Semiconductor Equipment industries. Axeda has sales and service offices in the US, Europe, Israel and Japan, and distribution partners worldwide. More information about Axeda is available at www.axeda.com .
Beckman Coulter, Inc. is a global biomedical company headquartered in Fullerton, Calif. The company develops and markets instruments, chemistries, software and supplies that simplify and automate laboratory processes throughout the biomedical testing continuum. Through pioneering medical research and drug discovery, specialty testing, and patient care diagnostics, Beckman Coulter supports all phases of the battle against disease. Annual sales for the company totaled $2 billion in 2001, with 62 percent of this amount generated by recurring revenue from supplies, chemistry kits and services. For more information, visit www.beckmancoulter.com .
Everyday intelligent devices such as copiers, elevators, vending machines, building control units, medical devices, and even automobiles are an important new source of business information. Device Relationship Management is a growing new market that allows companies to tap into this valuable information anytime anywhere. Pioneered by Axeda, Device Relationship Management 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
