Reuters: DALLAS--(Business Wire)-- Axcess International Inc., (OTCBB: AXSI) a leading provider of wireless business activity monitoring and control solutions, today reported results for the second quarter ending June 30, 2009.

Highlights for the Second Quarter Ended June 30, 2009

• Second Quarter 2009 Revenue of $3.2MM up $2.1MM over First Quarter 2009
• Second Quarter 2009 Revenue up $2.7MM versus Q2 2008 Due to Large International Order in the First Half of 2009
• Record revenue forecasted for CY 2009 based on port award total of $3.54MM
• Profit of $1.1MM, or $.03 per share for Q2 2009 based on port award
• Gross margin percentage of 64% for the First Half of 2009
• Following the quarter, the Wireless Credential product bundle was introduced into the security market distribution channel
• MicroWireless technology continues to demonstrate competitive advantages and opportunities for future innovations

"The second quarter was again dominated by results from our Caribbean Port Security Initiative," said Allan Griebenow, president and CEO of Axcess. Mr. Griebenow further stated, "That contract has been successfully completed, and we remain honored to have been credited for our role in successfully securing the facility and the 34 heads of state participating in the Fifth Summit of the Americas April conference. We continue to work to leverage our successes in the region. Following its demonstration on the world stage, our DotTMWireless Credential line is now being positioned for sale in the security market where it is unique in providing multiple advanced workforce management application solutions."

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Categories: Access Control, Asset Tracking, News Tags:Axcess Inc, DOT, RFID, RTLS