AXCESS International to Present at Thomas Weisel Partners Second Annual RFID Conference.Management Reaffirms Record Revenue Guidance for 2007 Financial Results DALLAS -- AXCESS International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AXSI), a leading provider of 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. ) solutions and Real Time Location Systems (RTLS RTLS Real-Time Location System RTLS Return To Launch Site RTLS Run Time Library Services ), today announced that it has been invited to present at the Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California. Second Annual GPS & RFID Conference, scheduled for May 23-24, 2007, in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY. In its second year, the Thomas Weisel Partners GPS & RFID Conference is designed to assemble an impressive group of both companies and institutional investors and create a forum for an exchange of views between investors, industry analysts and company managements. Presenting on behalf of AXCESS will be Allan Griebenow, President and Chief Executive Officer, who is scheduled to present on May 23. AXCESS also presented at last year's conference in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . The markets for Location, Navigation, and Tracking technologies and solutions are developing rapidly and the explosive growth of the past few years serves as validation for their potential. The utility of these emerging technologies spans a number of opportunity segments ranging from consumer products and services to enterprise applications including asset tracking, security, and supply-chain management. Given the tremendous growth potential, Thomas Weisel Partners are championing investment opportunities within the GPS & RFID technology sector. "RFID technologies continue to settle into their best fit applications," commented Allan Griebenow, President 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 AXCESS. "Our control point architecture continues to demonstrate it offers the most flexible, most economic and broadest coverage for enterprise solutions. We reiterate our guidance for a record year of RFID revenues in 2007 for AXCESS, based on total bookings year to date already being ahead of last year's total revenue." AXCESS is also introducing this year a new, revolutionary wireless tracking and sensing technology called The Enterprise Dot[TM]. Based on a System-on-a-Chip (SoC) design, the patents-pending technology yields the world's lowest cost and smallest multifunctional wireless sub-micro device for delivering visibility oriented data about the assets operating in and around the enterprise. Dot(TM) facilitates the capture, processing and delivery of previously unavailable real time information for dramatic improvements in supply chain visibility, mobile asset management, physical asset security and access control, and industrial condition monitoring Condition monitoring is the process of monitoring a parameter of condition in machinery, such that a significant change is indicative of a developing failure. It is a major component of predictive maintenance. . At less than $5 per tag, it offers very low cost solutions with the flexibility to use existing supply chain and access control infrastructures. The AXCESS presentation will be broadcast live on the Internet via an audio webcast. Details for the webcast will be posted on the AXCESS web site. A replay of the presentation will be available and archived for 30 days after the conference ends. The live presentation and replay will be available through AXCESS's web site and are free of charge. About Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : TWPG TWPG Thomas Weisel Partners Group, Inc ) is an investment bank specializing in the growth sectors of the economy including the technology, healthcare and consumer sectors. Founded in 1998, the firm's primary lines of business include investment banking, brokerage, equity research and asset management services. Thomas Weisel Partners has approximately 550 employees and is headquartered in San Francisco, CA with additional offices in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Boston, Silicon Valley and Mumbai. For more information about Thomas Weisel Partners, please go to: www.tweisel.com. About AXCESS International Inc. AXCESS International Inc. (OTCBB:AXSI), headquartered in greater Dallas, TX, provides Dual-Active[TM] RFID (radio frequency identification) and Real Time Location Systems (RTLS) for enterprise asset management, physical security, sensing and supply chain efficiencies. Using its best-fit control point architecture, the battery-powered (active) RFID tags locate, identify, track, monitor, count, and protect people, assets, inventory, and vehicles. The patented technology enables applications including: automatic "hands-free" personnel access control, automatic vehicle access control and logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet , automatic asset management, and sensor management. AXCESS is a portfolio company of Amphion Innovations plc. Additional information on AXCESS is available on the Company's Web site at www.axcessinc.com. This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion