Press Releases

Press Release
AXS-One Enhances its AXSPoint Solution with the Integration of EMC Centera Content Addressed Storage
    RUTHERFORD, N.J.--(BUSINESS WIRE)--June 10, 2003--AXS-One Inc.

             Integration Offers a Centralized Solution to
                   Manage Data Across the Enterprise

AXS-One Inc. (AMEX: AXO), a leading provider of e-business solutions, today announced it has completed the integration of its AXSPoint(R) product line with EMC Corporation's Centera and Centera Compliance Edition content addressed storage (CAS) systems.

With the added functionality of EMC's Centera, the AXSPoint solution now enables users to more effectively control and deliver fixed content deployed across the enterprise, and better leverage this information to drive strategic business initiatives.

EMC Centera represents an entirely new software-driven storage architecture specifically designed to address the unique information storage requirements of fixed content. The AXSPoint solution provides a range of tools for fast deployment of Internet self-service solutions and E-Mail / Instant Messaging solutions for compliance and archival, without requiring the need to alter databases or revamp existing systems. Deployed in days and weeks, versus months and years, these products are enabling organizations to realize tangible returns on their technology investments.

"Our AXSPoint solution allows companies to immediately meet information needs and allows 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," commented John Rade, President and Chief Executive Officer of AXS-One. "By integrating with EMC Centera CAS solutions, customers will be able to access fixed content faster and more efficiently."

"As the world's first CAS solution, EMC Centera addresses the unique requirements of managing fixed content," explained Roy Sanford, EMC's Vice President of Content Addressed Storage. "Drawing on Centera's ability to easily manage, protect and access fixed content, the integrated AXS-One and EMC solution brings a new level of value to AXSPoint solution users."

Once relegated to tape archives, optical disks, or file cabinets, fixed content is now being driven online, fueled by regulatory requirements, digitization of industries like healthcare and financial services, and the desire to leverage this content into new services and revenue streams. Just as the growth of applications such as Computer Aided Design (CAD) and the explosion of the Web drove the use of Network Attached Storage (NAS) as an enterprise storage strategy, the need to manage, protect and access fixed content is the driving force behind this new category of networked storage.

Whether electronic business documents, X-Rays, or check images, all types of fixed content have three common attributes: long-term value to an organization, the need to remain unchanged, and increased value through fast access with assured content integrity. The EMC Centera network-based storage solution is designed to deliver all three while economically scaling from multiple terabyte to petabyte-sized environments.

About EMC

EMC Corporation (NYSE: EMC) is the world leader in information storage systems, software, networks and services, providing automated networked storage solutions that enable organizations of all sizes to better and more cost-effectively manage, protect and share their information. More information about EMC's products and services can be found at www.EMC.com.

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 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.axsone.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, the AXS-One logo, "Access Tomorrow Today," AXSPoint, and TransAXS are registered trademarks of, and e-Cellerator, AXS Desk, "AXS-One Collaboration FrameWorks," SMART, and Tivity are 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: AXS-One Inc. Bernard Cassidy, 201/372-6231
             bcassidy@axsone.com
             or
             EMC Corporation
             AJ Ragosta, 508/293-6884
             Ragosta_aj@emc.com
             or
             Springboard Public Relations
             Domenick Cilea, 732/863-1900 x102
             dcilea@SpringboardPR.com

    SOURCE: AXS-One Inc. 
"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.