AXS-One Recognized as One of KMWorld's '100 Companies That Matter'

Prestigious List Salutes Organizations for Sharing 'Velocity of Innovation' in Knowledge Management

RUTHERFORD, NJ, Feb. 28, 2005 (MARKET WIRE via COMTEX) -- AXS-One Inc. (AMEX: AXO), a leading provider of records compliance management software solutions, today announced that it has been selected as one of the "100 Companies That Matter in Knowledge Management" by KMWorld, the leading information provider serving the Knowledge, Document and Content Management systems market.

"We are honored to be recognized by KMWorld as 'a company that matters,' especially in the highly competitive market for knowledge management," said Bill Lyons, CEO of AXS-One. "KMWorld's decision to select AXS-One is further endorsement of the AXS-One Compliance Platform and of our commitment to continue our more than 10-year track record of delivering highly innovative solutions that enable organizations to address increasingly complex issues regarding electronic records management for regulatory compliance, corporate governance and legal discovery."

KMWorld editors compiled the list, which is featured in the publication's March issue, through a rigorous selection process. More than 1,000 eligible organizations were reviewed through discussions with analysts, theorists, vendors, customers and knowledge management practitioners.

"The list was conceived as a way to identify some of the organizations leading the way in the knowledge economy," said Hugh McKellar, editor-in-chief of KMWorld. "It's certainly not intended to be the final word on the matter; rather, it's designed to encourage a broader discussion of knowledge management. Criteria for inclusion varies, but each company has either helped to create a market, redefine one or enhance one. They all share one thing: velocity of innovation."

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