Axcess International Q3 2008 Earnings Release and Conference Call
11/14/08 at 11:00 AM (ET)
888.713.4214 (domestic) and 617.213.4866 (international)
14897556 (reservation code)
Corporate Profile
Axcess offers Enterprise Dot™, Dual-Active™ RFID (radio frequency identification) and Real Time Location Systems (RTLS) for automated asset visibility and control, physical security, sensing and supply chain efficiencies. This solution is based on battery-powered, or active, RFID technology, where wireless tags use on-board battery power to transmit signals from a few feet to hundreds of feet in order to automatically locate, identify, track, monitor, count, and protect people, assets, inventory, and vehicles. Axcess’ unique patented dual-active RFID technology enables tags to wake-up on-demand as needed to provide precise location determination plus the ability to have tags always “on” in a beaconing signal mode. Axcess’ dual-active RFID is the most economical and flexible solution on the market today.
Axcess is currently investing heavily in research and development of The Enterprise Dot™ (“Dot”), a new, revolutionary wireless tracking and sensing technology. 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™ 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. The low cost and flexibility to use existing supply chain infrastructure results in a very low total cost of ownership, yielding short term ROIs for customers.
The first product Axcess will deliver using the new technology will be a software definable, battery-powered Dot-OEM module for product manufacturers, small enough to be embedded into a variety of things such as computers, test equipment, medical equipment, credential cards, pallets, and cartons. The module, about the size of a quarter is priced at less than $5 per unit and is being sold now for delivery in late 2007. Industry analyst Forrester Research forecasts the RFID and sensor related markets to grow to $11.6 billion by 2012.
Axcess is a portfolio company of Amphion Innovations plc (AIM: AMP) and publicly trade under OTCBB:AXSI.
Investor Relations – Darrow Associates
Jordan Darrow
631-367-1866
jdarrow@darrowir.com
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Axcess International, Inc. Disclaimer:
The presentations, reports and filings of Axcess International, Inc. (“Axcess”) available on this website contain time-sensitive information, which is only accurate as of the date thereof. Such information is subject to change, and Axcess does not undertake to update such statements, except to the extent required under applicable law and regulation. The information contained therein may be updated, amended, supplemented or otherwise altered by subsequent presentations, reports and/or filings by Axcess. Except for historical information contained herein, all statements included or incorporated by reference in these presentations, reports and/or filings are forward-looking statements that involve risks and uncertainties. These forward-looking statements are based on Axcess’ current expectations, estimates and projections about the RFID industry, management's beliefs and certain assumptions made by the Company. These statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, Axcess’ actual results could differ materially and adversely from those expressed in any forward-looking statement as a result of various factors. Investors are advised to read the Company's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled “Other Factors That May Affect Future Operating Results” or “Risk Factors” for a more complete discussion of these and other risks and uncertainties. If the Company uses any non-GAAP financial measure, as defined by the SEC in Regulation G, in any earnings conference call or other materials, you will find a presentation of the most directly comparable GAAP financial measure, and a reconciliation of the differences between each non-GAAP financial measure used and the most directly comparable GAAP financial measure, in the Appendix or under the “Supplemental Information” section on the website. The non-GAAP measures should be considered together with the similarly captioned GAAP measure. These non-GAAP measures are not meant as a substitute for GAAP, but are included solely for informational and comparative purposes. The Company's management believes that this information assists in evaluating operational trends, but should not be regarded as a replacement for corresponding, similarly captioned, GAAP measures.