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Axeda Welcomes Jack Sweeney as CEO

FOXBORO, Mass. Feb. 14, 2011 Axeda Corporation Jack Sweeney

Sweeney brings over 20 years of experience as a technology entrepreneur and investor. He served as president and CEO of Apparent Networks for 3 years before his promotion to executive chairman. Previously, he held executive roles at EMC and Network Intelligence and has a stellar track record of successfully managing growth companies and capital investments in information technology markets.

Dale Calder

http://www.dalecalder.com

"The strength of Axeda’s people, technology, blue-chip customer base, and partner ecosystem is impressive," said Sweeney. "It is very exciting to be a part of this incredible technology shift and to work with someone like Dale who has been a pioneer and driving force in the M2M market. Even with all of its success and broad market validation, I believe Axeda has just scratched the surface of its potential, and look forward to helping the company take full advantage of the next wave of opportunity."

About Axeda

http://developer.axeda.com www.axeda.com

Contacts

Media Inquiries

Media Inquiries:

Erin Smith

Dan Brennan

Axeda Corporation

Corporate Ink

508-337-9200

617-969-9192

[email protected]

[email protected]

SOURCE Axeda Corporation

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