Company Anticipates Profitable Quarterly Results

RUTHERFORD, N.J.--(BUSINESS WIRE)--April 25, 2002-- AXS-One Inc. (AMEX: AXO) today announced that it will release its results for the quarter ended March 31, 2002 on April 30, 2002 after market close.

The company is expected to announce a profit for the quarter. John Rade, AXS-One's 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 April 30, 2002.

Interested parties may listen to the call via a live CCBN webcast that will be available on http://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 http://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® (Fidelity.com) and others. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (http://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 300 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, ``Access Tomorrow Today,'' e-Cellerator, AXS Desk, ``AXS-One Collaboration FrameWorks,'' SMART and Tivity are trademarks of, and 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.

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