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Technology Stocks : AXSI - Axcess Inc. (formerly LASX)

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To: John A. Paul who wrote (1181)3/14/2000 1:42:00 PM
From: John A. Paul  Read Replies (1) of 1220
 
AXCESS to Launch New Digital Video Products and Low Cost Asset Management Solution at Security Trade Show
DALLAS--(BUSINESS WIRE)--March 14, 2000--AXCESS Inc. (Nasdaq:AXSI - news) announced that it will be exhibiting at the International Security Conference (ISC) and Exposition in Las Vegas, Nevada today, March 14th through Thursday, March 16th.

The company plans to unveil two newly developed digital video products as well as its low cost, enterprise-wide asset management solution. It will also demonstrate its new ``e-supervisor' Internet application for real-time, on-line asset management information.

Utilizing patented hands-free wireless automatic identification (RFID) technology, AXCESS will introduce the ActiveTag(TM) asset management system as a low cost, multi-use approach to asset protection, personnel access control and tracking, and vehicle gate control. The network-based system tracks tagged assets and personnel moving through control zones which economically cover a facility. The system is displayed on software, called ActiveTrac(TM) which also integrates digital video with the tag information for validation purposes. Demonstrations will show hands-free access control coupled with time and attendance data collected over the local area network (LAN). Additionally, ActiveTag's ability to link personnel with assigned assets (or vehicles) will be shown on the show floor.

Also being introduced at this show are two new digital video products from the company's Prism Video(TM) line: LANconnect(TM) and LANcorder(TM). The LANconnect is a low-cost, digital video connection device for networks that easily attaches any company's installed analog video cameras to the LAN/Internet network. The company's patented video compression and a TCP/IP network card are embedded inside the device enabling ``best in class' digital video performance while conserving network capacity. Additional features include: an standard industry form factor, free software, user authentication, RS232 control of external peripherals, and output controls for switching lights, gates, and door latches.

AXCESS also unveils its recently introduced LANcorder(TM) for software-based digital video recording on the enterprise network or over the Internet. This product offers remote programming, instant time/date search, simultaneous recording/playback and remote viewing over the LAN network or Internet. The LANcorder, which utilizes the company's patented compression is as much as 30 times more efficient than competing products, and can also record from as many as 16 simultaneous cameras from the network per recorder. It can be purchased as a system or as software only.

``We are showing how enterprise-wide video transmission, digital recording, and asset management can be easily and economically added to the network to improve the utilization of corporate assets. In addition, we are showing how this information can be provided to the user on-demand over the Internet straight to the browser,' commented Allan Griebenow, president and ceo of AXCESS Inc.

AXCESS will exhibit in booth No. 669 at the show which is being held at the Las Vegas Convention Center.

For more information on AXCESS' products and the ISC trade show, see the company's web site at www.axcessinc.com.

AXCESS Inc., headquartered in Dallas, provides network-based system solutions to the enterprise using patented technologies in wireless, automatic identification and multi-media for improving operations productivity, physical security, asset and inventory management, and ERP. Products include hands-free, long range RFID (radio frequency identification) technology used to track and monitor people, assets, inventory and vehicles as well as patented digital video compression technology for enterprise multi-media transmission and digital recording.

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Contact:

AXCESS Inc., Dallas
Kelly Montalbano, 972/407-6080
972/407-9085 fax
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