RUTHERFORD, N.J.--(BUSINESS WIRE)--Oct. 21, 2004--AXS-One Inc. (AMEX:AXO) today announced that it will release its results for the quarter ended September 30, 2004 on October 28, 2004 after market close. Bill Lyons, Chairman and CEO, will host a conference call for institutional investors and shareholders on Thursday, October 28, 2004 to discuss the company's results for the third quarter of 2004.

Date:       Thursday, October 28, 2004
Time:       5:00 p.m. EDT
Internet:   Webcast can be accessed via the company website at
            www.axsone.com
Dial-In:    706-645-0399

Interested parties may submit questions that they would like answered during the conference call by e-mail to IR@axsone.com. Interested parties may listen to the call via a live CCBN webcast that will be available via the company website 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 website 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 leading provider of Records Compliance Management solutions. The AXS-One Compliance Platform(TM) enables organizations to implement secure, scalable and enforceable policies that address compliant management of records for corporate governance, legal discovery and industry regulations such as SEC17a-4, NASD 3010, Sarbanes-Oxley, HIPAA, The Patriot Act and Gramm-Leach Bliley. AXS-One's technology has been critically acclaimed as best of class and delivers digital archiving, business process management, electronic document delivery and integrated records disposition and discovery for e-mail, instant messaging, images, SAP and other corporate records. Founded in 1979, and headquartered in Rutherford, NJ, AXS-One has offices worldwide including in the United States, Australia, Singapore, United Kingdom and South Africa. For further information, visit the AXS-One web site at http://www.axsone.com.

AXS-One, the AXS-One logo, "Access Tomorrow Today," AXSPoint, and TransAXS are registered trademarks of, and AXS-One Compliance Platform, AXS-One Retention Manager, "The Records Compliance Management Company", e-Cellerator, AXS Desk, "AXS-One Collaboration FrameWorks," SMART, AXS-Link 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.
             William G. Levering III, 201-935-3400
             wlevering@axsone.com
             or
             Hayden Communications
             Matt Hayden, 858-456-4533
             matt@haydenir.com

    SOURCE: AXS-One Inc.