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Press Release

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AXS-One Announces Third Quarter Results Conference Call; Thursday, October 31, 2002, at 4:30 p.m. Eastern Time

RUTHERFORD, N.J.--(BUSINESS WIRE)--Oct. 14, 2002--AXS-One Inc. (AMEX: AXO) today announced that it will release its results for the quarter ended September 30, 2002 on October 31, 2002 after market close. John Rade, president and chief executive officer, will host a conference call for institutional investors with a simultaneous webcast for all interested parties to discuss the company's results at 4:30 p.m. Eastern Time October 31, 2002.

Interested parties may submit questions that they would like answered during the conference call by email to IR@axsone.com. Interested parties may listen to the call via a live CCBN webcast that will be available on www.axsone.com. Interested parties should access the webcast approximately 10-15 minutes before the scheduled start time. The webcast will remain on the AXS-One web site for one month.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network such as America Online's Personal Finance Channel, Fidelity Investments(R) (Fidelity.com) and others. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com). StreetEvents allows institutional investors to identify, organize, and track the hundreds of conference calls that occur each day during earnings season, to download events of interest to their Outlook calendar, and to RSVP to events online.

About AXS-One Inc.

AXS-One (AMEX: AXO) is a provider of supply chain management solutions for service industries that extend the finance function and allow organizations to work collaboratively with their partners, suppliers, employees, and customers while preserving investments in existing systems. AXS-One has implemented high-volume, interoperable, scalable and secure business solutions for the global 2000. Its Web Services based technology has been critically acclaimed as best of class. AXS-One has over 250 employees in offices worldwide, including Australia, Canada, Singapore, United Kingdom, United States, and South Africa. AXS-One was founded in 1978, and is based in Rutherford, New Jersey, U.S.A. For further information, visit the AXS-One web site at http://www.AXS-One.com.

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.

AXS-One, e-Cellerator, AXS Desk, "AXS-One Collaboration FrameWorks," SMART, and Tivity are trademarks of, and "Access Tomorrow Today," AXSPoint, and TransAXS are registered trademarks of, AXS-One Inc., in the U.S. All other company and product names are trademarks or registered trademarks of their respective companies.

CONTACT:
Investor Relations
AXS-One Inc.
William G. Levering III, 201/935-3400
wlevering@axsone.com




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