SYDNEY, NSW – 16 December 2002 – AXS-One Inc. (AMEX: AXO), a leading provider of e-business solutions, today named Mr. David Thompson as Vice President Asia Pacific.

David joins AXS-One from IXOS Software Australia where he held the position of Managing Director, Australia and New Zealand. In the four years David took the Australian subsidiary from a start up company to a highly successful business with a customer base including many of Australia's blue chip companies.

Previous to this he was the General Manager – Sales for GE Capital Information Technology Solutions responsible for sales in Australia and New Zealand. David developed a multi-faceted sales organisation that achieved significant revenue targets across software sales, hardware sales and outsourcing solutions.

In his role as Director – Southern Region at SAP Australia, David was responsible for establishing the Southern Region where he built and grew the business, significantly increasing revenues year on year and forming strong strategic business alliances.

David's wealth of experience both in general management and sales management will be invaluable to his new role at AXS-One.

“We are delighted to have David join AXS-One to lead the Asia Pacific region. His knowledge of the industry, strong leadership skills and track record of success will be of great benefit to the organization,” said Mr. John Rade, CEO and President, AXS-One Inc.

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 organisations 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 approximately 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.

Company Contact:
Gilly Hen-Boisen
AXS-One
ghenboisen@axsone.com.au
(02) 9922 0616

Bernard Cassidy
AXS-One Inc.
bcassidy@axsone.com
(201) 372-6231