Company Snapshot: XEDA  Print This Story  Email This Story  Save this Link View PR Newswire's RSS Feed  Blogs Discussing this News Release  Search Blogs that Mention this News Release  Click this link to view linked Bookmarking Services Click this link to view linked Blogging Services


Axeda to Present at the Gartner Tech Investor Summit

    MANSFIELD, Mass., Nov. 3 /PRNewswire-FirstCall/ -- Axeda Systems Inc.
(Nasdaq: XEDA), the world's leading provider of device relationship management
(DRM) enterprise software and services, today announced that it has been
invited to present at the Gartner Tech Investor Summit, which will take place
on November 10-12, 2003 at the Grand Hyatt at Grand Central in New York City.
The event is designed to help leading institutional investors navigate
technology market trends by providing insightful, independent market analysis
and connections with influential companies shaping the industry.  Axeda will
present an overview of its business opportunity on November 12 from 11:00
until 11:30 a.m. The event will be available via webcast through the company's
website at http://www.axeda.com.
    Robert M. Russell Jr., chairman and CEO will discuss how the company's
software solution, Axeda DRM is providing Global 2000 companies in the
Medical, Technology, Industrial and Printing industries with the ability to
remotely monitor, manage, and service their intelligent devices, allowing them
to deliver better, proactive service at lower cost -- minimizing total cost of
ownership and maximizing customer satisfaction.
    Gartner Tech Investor Summit will feature 70-plus presenting companies
spanning multiple aspects of IT.  A major keynote address by Leon Panetta, one
of the foremost U.S. economic policymakers of the last 20 years, and research
from Gartner and other industry analysts will also be part of the program.
For more information please visit http://www.techinvestorsummit.com

    About Gartner:
    Gartner, Inc. is a research and advisory firm that helps more than 10,000
clients leverage technology to achieve business success.  Gartner's businesses
are Research, Consulting, Measurement, Events and Executive Programs.  Founded
in 1979, Gartner is headquartered in Stamford, Conn., and has more than 3,800
associates, including approximately 1,000 research analysts and consultants,
in more than 75 locations worldwide.  Revenue for calendar year 2002 totaled
$888 million.  For more information, visit http://www.gartner.com.

    About Axeda(R)
    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(TM), 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, 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 http://www.axeda.com.
    (C) 2003 Axeda Systems.  All rights reserved.  Axeda, Axeda Systems, Axeda
DRM, Axeda Device Relationship Management System, Axeda Agents, Axeda
Applications, Axeda Enterprise, Axeda Software Management, Firewall-Friendly,
and Access. Insight. In Real Time. are trademarks or registered trademarks of
Axeda Systems.  All other trademarks are either property of Axeda Systems or
property of their respective owners.

    Contact:
     Idalia Rodriguez
     Axeda Systems Inc.
     610-407-7345
     ir@axeda.com


SOURCE Axeda Systems Inc.




Back to Topback to top

Related links:
  • http://www.axeda.com
    CONTACT:
    Idalia Rodriguez of Axeda Systems Inc.,
    +1-610-407-7345, ir@axeda.com