Rutherford, NJ – August 7, 2001, – AXS-One Inc's Tivity division (AMEX: AXO), a leading provider of solutions in the Professional Services Automation (PSA) industry and The Standish Group International, Inc., an industry research advisory firm, today announced a marketing and reseller agreement. This new relationship incorporates a comprehensive professional service automation tool and pertinent strategic and tactical research to provide customers with a broad range of resources that help them to succeed in their business initiatives.

The Standish Group is best known for its high quality, independent primary research, analysis, and recommendations. The Standish Group's continuous research methodology ensures that customers and analysts have access to the most current data and are able to track movements at a finer level. Their research and information is uniquely distributed via virtual tradeshow booths located on their web site and provides valuable market and product information about leading technology providers within the PSA industry. This web site assists companies in making more informed and intelligent business decisions. 

Tivity is a provider of web-based PSA solutions for professional service organizations that allows users to better manage their projects through customized workflow-enabled systems with a focus on the financial and information management of business processes. As part of this agreement Tivity will also now be reselling the Standish Group's research services. In addition, Tivity will be featured on The Standish web site in a virtual booth that promotes and educates visitors on Tivity's product offerings. Features of this virtual booth will include a corporate overview, products, services, careers, and more. This relationship will help visitors looking for a PSA solution to evaluate the Tivity offering. It will also help to strengthen the growing Tivity mind-share in the PSA marketplace. 

“Standish Group research shows that 40% of all new application development involves the use of consultants. PSA software can help companies manage and control the cost of this huge opportunity. We are very pleased to join Tivity in promoting the benefits of their solutions and in helping to increase the chance of success for their customer's projects,” states Karen Boucher, Executive Vice President of The Standish Group.  

“The virtual booth sponsored by The Standish Group will promote Tivity's PSA offering as well as provide the opportunity for a visitors to obtain valuable information about the PSA industry that prospective customers can rely upon in vendor evaluation,” commented Wayne Ferrentino, Vice President, AXS-One Tivity division.

About The Standish Group International, Inc.

Since 1985 The Standish Group has been helping end users and vendors of technology solutions prepare for the future. Through case-based tools, market reports and research services, The Standish Group delivers fast, consistent and reliable IT advice built on a solid foundation of primary research. For further information on The Standish Group, visit our website at: http://www.standishgroup.com .

About Tivity

Tivity ( www.tivityonline.com ) brings a best of breed approach with a core focus and proven capability in enterprise global time and expense capture, approval and billing, as well as the AXS-One family of solutions that manage other critical business processes. This focus promotes revenue management and optimization within corporations and adds accuracy and quality to the billing process, thereby having a positive impact on client relationships. Tivity's product suite includes knowledge enabled workflow processes and consolidated data presentations as the glue that binds both companies and product suites .

About AXS-One Inc.

AXS-One (AMEX: AXO) is a provider of e-Business financial solutions for global 2000 companies, professional service organizations (PSOs) and financial managers. AXS-One, formerly Computron Software, Inc., has implemented high-volume, scalable and secure business solutions for hundreds of customers across the globe. AXS-One has over 300 employees in offices worldwide, including Asia, Australia, Canada, Europe, United Kingdom, United States and South Africa. AXS-One was founded in 1978, and is based in Rutherford, New Jersey. For further information on AXS-One, visit the AXS-One web site at http://www.AXS-One.com .

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Forward-Looking Statements

This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the company's documents and reports filed from time to time with the Securities and Exchange Commission.

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