AXS-One Named ‘Best Public Company' By Byte And Switch

Rutherford, NJ - 18 September 2006

AXS-One Inc. (AMEX:AXO), a leading provider of high-performance Records Compliance Management (RCM) software solutions, has been named Best Public Company by Light Reading's Byte and Switch , the premier online storage networking publication . The winners of the first annual Big Bytes Awards competition, created to recognize excellence, innovation, and creativity in storage products, services, and implementations, were announced in a ceremony last week at StoragePlus 2006, Byte and Switch's two-day enterprise storage conference and exhibition in Burlingame, Calif.

The criterion for Best Public Company, the award won by AXS-One, was that it have “the best investment potential among publicly held storage firms.” The other nominees for the award were Symantec Corp. and QLogic Corp.

“We're honored to be named Best Public Company by Byte and Switch, and to be recognized as having the best investment potential in our industry,” said Bill Lyons, CEO of AXS-One . “This award clearly attests to the quality of our offerings, the dedication of our employees, the loyalty of our customers and the potential in this records compliance market. We thank the editors of Byte and Switch for this honor.”

AXS-One's signature offering is the AXS-One Compliance Platformâ„¢, an integrated software solution designed to securely archive and manage virtually all electronic records, including e-mail and instant messages, regardless of originating platform, to support regulatory compliance, legal discovery and cost reduction initiatives. Four years after the passage of Sarbanes-Oxley, in a business environment dominated by issues around global competition, and facing an operating climate in which electronic content keeps rising in volume, AXS-One is the only company with technology designed from the ground up to meet the challenges posed by regulatory compliance, corporate governance and legal discovery.

"The Big Bytes honor innovation, creativity, and value in storage technology," said Terry Sweeney, Editor in Chief of Byte and Switch . "Besides recognizing specific products and services, we also have included storage users in enterprises and small companies. We believe it's time to reward the innovation that comes from the folks in the trenches who actually have to deploy these products."

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