5 1 form5_nbarlas02132003.txt FORM 5 - NED E. BARLAS - 2002 ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0362 Expires: January 31, 2005 Estimated average burden hours per response.........1.0 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |_| Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |_| Form 3 Holdings Reported |X| Form 4 Transactions Reported ________________________________________________________________________________ 1. Name and Address of Reporting Person* Barlas Ned E. -------------------------------------------------------------------------------- (Last) (First) (Middle) 277 Great Valley Parkway -------------------------------------------------------------------------------- (Street) Malvern, PA 19355 -------------------------------------------------------------------------------- (City) (State) (Zip) Axeda Systems Inc. ("XEDA") ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol ________________________________________________________________________________ 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) 12/2002 ________________________________________________________________________________ 4. Statement for Month/Year ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) |_| Director |_| 10% Owner |x| Officer (give title below) |_| Other (specify below) Senior Vice President and Chief Legal Officer ________________________________________________________________________________ 7. Individual or Joint/Group Filing (check applicable line) |x| Form filed by One Reporting Person |_| Form filed by More than One Reporting Person ________________________________________________________________________________ 1 ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================

Notes: (1) Shares acquired pursuant to Company's Employee Stock Purchase Plan. (2) Shares were included in Table I, Item 5-Amount of Securities Beneficially Owned of the reporting person's Form 4 filed March 4, 2002. (3) Shares were included in Table I, Item 5-Amount of Securities Beneficially Owned of the reporting person's Form 4 filed February 6, 2003. * If the form is filed by more than one reporting person, see instruction 4(b)(v). 2 FORM 5 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

Explanation of Responses: /s/ Ned E. Barlas 2/13/2003 --------------------------------------------- ----------------------- **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. 3

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