AXCESS International to Present at Thomas Weisel Partners’ Second Annual RFID Conference
Management Reaffirms Record Revenue Guidance for 2007 Financial Results
DALLAS, TX, March 08, 2007 — AXCESS International Inc. (OTCBB: AXSI), a leading provider of Radio Frequency Identification (RFID) solutions and Real Time Location Systems (RTLS), today announced that it has been invited to present at the Thomas Weisel Partners Second Annual GPS & RFID Conference, scheduled for May 23-24, 2007, in New York, 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.
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 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™. 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. 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: TWPG) 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, 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) delivers wireless intelligence through real-time business activity monitoring solutions that improve productivity, security and revenue growth. The systems derive wireless intelligence from automatic advanced workforce management, workflow management, asset monitoring and distributed sensing. As the smallest, most powerful battery powered wireless computer, Dot, a patented micro-wireless technology platform, combines RFID, RTLS and wireless sensing for better decision-making and control throughout the enterprise. Dot adds transmission flexibility by interfacing with multiple enterprise legacy systems including the popular Electronic Product Code (EPC) standard system now used by RFID tags in the retail supply chain. Dot has set an industry low price point for multi-frequency, micro-wireless tagging at $7.95 MSRP with asset tags starting at $8.95. Axcess is a portfolio company of Amphion Innovations plc (AIM: AMP). For more information on Axcess, visit www.axcessinc.com.
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