AXCESS Inc. CEO Allan Griebenow Talks to The Wall Street Transcript.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--Sept. 10, 2001 The Wall Street Transcript A generic term for any kind of copy, particularly an official or certified representation of the record of what took place in a court during a trial or other legal proceeding. A transcript of record has published an in-depth interview with Allan Griebenow, 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. AXCESS (Nasdaq:AXSI), in which he talks at length about the company's future. The entire 2,000-word interview is available free online at http://www.twst.com/ceos.htm Griebenow gives an overview of the company. "AXCESS Inc. provides network applications for improving asset productivity in any enterprise. We're a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. on the NASDAQ. We allow enterprises to better protect, utilize and increase revenues from what we call their 'critical assets,' those assets (computers, inventory, vehicles, people, etc.) that make a significant impact on the business. We use two distinct critical acquisition technologies." Griebenow explains, "Today, we're focused on three vertical markets. One is Internet data centers, where we're able to tag servers. Servers generate significant revenue and impose substantial liability when they are down or when they are unaccounted for An inclusive term (not a casualty status) applicable to personnel whose person or remains are not recovered or otherwise accounted for following hostile action. Commonly used when referring to personnel who are killed in action and whose bodies are not recovered. , be it misplaced mis·place tr.v. mis·placed, mis·plac·ing, mis·plac·es 1. a. To put into a wrong place: misplace punctuation in a sentence. b. , stolen or lost. Another strong market for AXCESS Inc. is the retail market. We help retail chains reduce shrinkage Shrinkage The amount by which inventory on hand is shorter than the amount of inventory recorded. Notes: The missing inventory could be due to theft, damage, or book keeping errors. , predominantly pre·dom·i·nant adj. 1. Having greatest ascendancy, importance, influence, authority, or force. See Synonyms at dominant. 2. by giving people the ability to look in over the network and see how stores operate. Finally, we address issues within educational institutions. The primary objective for all parties is the protection of students and teachers. As a society, there is increasing concern over that safety, and we believe that our products and systems provide schools and universities an enhanced means of ensuring safety." Looking forward, Griebenow states, "We're continuing to evolve toward full-system solutions. In the beginning of this year, we began to focus on vertical markets where we can provide a value proposition in terms of a full-system solution with recognizable replication possibilities within the industry. We've now been successful in the three markets I mentioned earlier -- data centers, retail chains and the education markets." This interview is part of a 53-page Electronic Supply Chain Issue available at http://www.twst.com/info/info415.htm or by calling 212/952-7433. The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673. |
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