Press Releases

Press Release
AXS-One Receives Favorable Evaluation From Bloor Research; AXSPoint Solution Offers Enriched Self-Service Quickly and at Relatively Low Cost

RUTHERFORD, N.J., Feb 27, 2002 (BUSINESS WIRE) -- AXS-One Inc. (AMEX: AXO), a leading provider of e-business solutions, today announced that its self-service technology received a favorable evaluation by Bloor Research.

The AXSPoint(TM) Solution is the collaboration component of AXS-One(TM) Enterprise, allowing clients to connect their partners, customers, employees and other stakeholders to query reports, web-based information, and transaction details on a self-service basis and take action if necessary.

"There are a lot of companies that would like to provide this sort of level of service to its business partners," says Philip Howard, Bloor Research. "Unfortunately, most of the standard approaches to this issue are lengthy and expensive. AXS-One's AXSPoint solution provides an alternative that can be implemented quickly and at relatively low cost. If you need to offer enriched self-service then you really should consider AXS-One's AXSPoint solution."

"AXS-One has been providing collaborative solutions for almost ten years and continues to add new functionality to our offerings that will speed the time to value," said Nat Bosco, vice president, AXSPoint Division, AXS-One. "Bloor Research's praise of our self-service solutions is substantiation that our technology provides the benefits we claim. AXS-One is well positioned to provide robust solutions to the global market now."

The enriched self-service functionality offered by AXS-One provides stakeholders with secure, easy to use, browser-based collaboration without the complexity of traditional enterprise application integration approaches or the limitations in data relevancy of a data warehousing approach. The business process automation capabilities provide added benefit to organizations looking to speed their process improvement initiatives and enhance their investments in existing systems.

The full Bloor Research evaluation is available on AXS-One's website for download. 

    About AXS-One Inc.
AXS-One (AMEX: AXO) is a provider of e-Business solutions for global 2000 companies, professional service organizations (PSOs) and financial managers. AXS-One, formerly known as Computron Software, Inc., has implemented high-volume, scalable and secure business solutions for hundreds of customers across the globe. AXS-One has approximately 300 employees in offices worldwide, including Asia, Australia, Canada, 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. 

    About Bloor Research
Bloor Research was founded in 1989 by Robin Bloor who as the Chief Executive is still the driving force behind the company's successful development. He is a major authority and influencer in the field of information technology frequently appearing in the press, on television and at IT industry events presenting his views and insights into the industry as a whole. As one of the foremost commentators on the major issues facing computer professionals, Robin, and his team has been influential in shaping the direction and thinking of a whole generation of IT strategists. For further information on Bloor Research, visit www.bloor-research.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, "Access Tomorrow Today", e-Cellerator, AXSPoint, AXS Desk and Tivity are trademarks of, and TransAXS is a registered trademark of, AXS-One Inc., in the U.S. All other company and product names are trademarks or registered trademarks of their respective companies. 

CONTACT:          AXS-One Inc., Rutherford
                  Deanna Kowalik, 201/372-6353
                  dkowalik@axsone.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding AXS-One Inc's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.