AXCESS Inc. Announces Resignation of James Craig.Business Editors/High-Tech Writers DALLAS--(BUSINESS WIRE)--Feb. 1, 2002 AXCESS Inc. (Nasdaq:AXSI), a leading provider of advanced technology security and asset management products and solutions, today announced the resignation of James Craig James Craig may refer to:
Mr. Craig is leaving AXCESS to pursue outside professional opportunities. In the interim, Robert Bertoldi, Co-Founder, President and CFO See Chief Financial Officer. of VennWorks LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a major shareholder in AXCESS, will serve as acting CFO while an active search is underway. "We would like to express our thanks to James for his many efforts on behalf of AXCESS, and wish him all the best in his future endeavors," said Richard C.E. Morgan, Chairman of AXCESS and Co-founder, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of VennWorks LLC. Robert Bertoldi, currently the Co-founder, President and CFO of VennWorks, is also managing partner and co-founder of Amphion Capital Management LLC and co-manager of Amphion Ventures LP, an early stage technology and life sciences fund. Mr. Bertoldi sits on the Boards of AXCESS Inc. (Nasdaq:AXSI), Ontos, Inc., Biocentric Solutions, Inc., Firestar Inc and Labnetics Inc. About AXCESS AXCESS Inc., headquartered in Dallas, TX, provides advanced security and asset management systems for business and government. Its network-based systems provide application solutions that reduce loss and liability, and boost productivity in areas that provide significant value for the customer. In security, the solutions extend traditional system coverage through the use of smart, network-based devices including wireless technology, making security systems more pervasive and effective at reduced cost. A particular focus on automatic security incident detection and notification further increases productivity and effectiveness. Beyond traditional security, maximizing the utilization of critical assets such as computers, inventory, people, and vehicles, improves business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets by automatically locating, tracking, monitoring, and protecting assets. The main applications are security video (CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television ), personnel and vehicle access control, and automatic asset tracking and protection. The Company provides solutions in the recently identified homeland security markets such as air and ground transportation, water treatment facilities, oil and gas, power plants, as well as in data centers, retail/convenience store, educational, healthcare, and supply chain markets. AXCESS utilizes two patented and integrated technologies: network-based radio frequency identification See RFID. (RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. ) tagging and streaming video. Application and browser-based software delivers critical real-time information tailored to each end user via the enterprise network or Internet, also providing custom alerts in the form of streaming video, e-mail, or pages to wireless devices. AXCESS is a VennWorks LLC partner company. |
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