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Allan Griebenow President and CEO of AXCESS Talks to the Wall Street Transcript Tuesday, January 27.


Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 27, 2004

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, 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 Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:AXSI.OB) in which he talks at length about the Company's current technology and long-term objectives.

The entire 2,500 word interview is available free online at http://www.twst.com/ceos.htm

AXCESS provides automated, electronic security surveillance and asset management systems which are dramatically more efficient, pervasive, and effective than current solutions. Wireless battery-powered "active" 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 systems are used for electronic asset tracking, and high-speed personnel and vehicle access control and tracking under the ActiveTag(TM) label. The Prism Video(TM) line integrates network-based streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater.  for security video recording and remote operations surveillance.

In addressing the company's positioning for 2004, Mr. Griebenow states "We have a secure patent portfolio for our technology; our products are perfected and in the bloodstream blood·stream
n.
The flow of blood through the circulatory system of an organism.



bloodstream

the blood flowing through the circulatory system in the living body.
 of system integrators where they are embedded Inserted into. See embedded system.  into their core platforms. As for sales leverage, we now have the equivalent of about 2,000 foot soldiers out there who can sell our products in 2004."

Commenting as to why investors like AXCESS "We have an advantage, being in the physical security space, one that people are forecasting for growth, as well as in the RFID space -- where people, more and more, understand the productivity benefits of RFID in addition to the technology itself." And for new things in 2004, Mr. Griebenow added "We will expand our focus a little bit in 2004 toward our successes in the supply chain area. We will be keeping in touch with how our systems and solutions can best participate in what's going to be an explosive market for tagging all along the retail supply chain."

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.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 27, 2004
Words:318
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