Yesterday, we announced the Axeda SmartLink Platform and the Axeda Wireless Partner Ecosystem. These announcements expand our market beyond remote services to a larger market we are calling "intelligent asset management." In this market, we enable our customers and partners to create solutions for Smart Services, Smart Products, and Smart Operations (more to come on these topics soon). I encourage you to read the detail in the releases, but here are 3 key features that make this announcement big:

• Wireless. Axeda is the leader in remote services for wired assets, now by adding wireless we expand our opportunities to new markets. 24 million cellular communication modules for machine-to-machine (M2M) applications will ship in 2009 alone. While many conferences are struggling to get people to attend, the M2M Connected World conference, where we will exhibit next week, has seen 30% growth in registrations - unheard of in the economic downturn.
  
• Platform. We have always had a platform independent of applications which customers like EMC have used to develop new applications, but our focus has been on selling a complete solution for remote service. By promoting the platform separately, we enable partners to build new solutions that cover many more markets.
  
• Partners. We have a host of new partners driving our wireless ecosystem, and intend to add more. For edge devices, we have Enfora, Morey, Bug Labs, Janus Communications, and Telit. For cellular communication we have Wyless and Kore. These partners fill out our solution for wireless, and together we will reach new customers that each of us alone could not have served.
  

We will continue to provide solutions for remote service (smart services), that remains our core offering, but Wireless + Platform + Partners = expanded opportunity for Axeda, our customers, and our partners!