RUTHERFORD, N.J.--(BUSINESS WIRE)--Oct. 25, 2004--AXS-One, Inc. (AMEX:AXO), a leading provider of records compliance management solutions, today announced that its UK subsidiary has finalized a reseller agreement with Altis Consulting Ltd (Altis), a leading European communications and messaging consultancy specializing in IBM's Lotus(R) Domino solution. Under the terms of the agreement, Altis is authorized to resell and implement the AXS-One Compliance Platform(TM) to new and existing clients throughout Europe.

Commenting on the agreement, Mark Donkersley, Managing Director for AXS-One UK said: "We are excited about the business opportunities this partnership offers AXS-One. The exponential growth in corporate e-mail systems and impending legislation and corporate governance requirements mean that large organizations are increasingly looking for ways to get their messaging infrastructure and storage costs under control. Altis' expertise in the Lotus Notes market combined with AXS-One's best-of-breed software solution gives us a significant competitive advantage in this market."

The Radicati Group, a respected industry research firm tracking the market, measured this exponential growth. In its "European Email Archiving Market" report released last week, the firm explains that the market for email archiving solutions in Europe will grow more than tenfold in the next few years, and reach a level of 850 million euros by 2008. According to the report, in Europe the main reason for deploying an email archiving solution continues to be storage-related; however, with current legislation in the UK, and the threat of further compliance throughout the EU, regulatory compliance is rapidly reaching the forefront of decision-making for most companies. The AXS-One Compliance Platform is being used by large organizations worldwide to proactively archive email and over 250 other data types to meet and exceed their storage-related and compliance objectives.

As a result of this partnership, both Altis and AXS-One due to their domain expertise, proven solutions and industry reputation are well positioned to emerge in the region as clear leaders in the burgeoning market.

Altis is an IBM Lotus Premier Partner and Lotus Beacon Award winner as well as an IBM Advanced Partner. Also, like AXS-One, Altis is a Sun iForce Partner. Established for 11 years, Altis has successfully developed a set of complimentary solutions and services that have helped leading European organizations such as TNT, Williams F1, PwC, IBM and Accenture make the most of their investment in Lotus e-mail. This includes migrating approximately 350,000 mailboxes to Lotus Notes from other e-mail systems.

"We are delighted to announce this partnership with AXS-One," Said John Lindley, Managing Director of Altis. "Our large customers throughout Europe are looking at how to manage the costs and overheads associated with massively growing corporate e-mail systems. While compliance is yet to be as hot a topic in Europe as it is in North America, e-mail is now another record type that needs to be securely managed and retained. The AXS-One Compliance Platform will enable our customers to address both the operational and compliance issues associated with e-mail within a single, scalable solution."

About AXS-One Inc.

AXS-One (AMEX: AXO) is a leading provider of Records Compliance Management solutions. The AXS-One Compliance Platform enables organizations to implement secure, scalable and enforceable policies that address records management 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.

About Altis Consulting Ltd.

ALTIS Consulting Ltd. is a leading U.K.-based independent consulting firm specializing in the efficient management and electronic communication of information within medium to large organizations. Altis is a leader in migration tools and services from Digital Equipment's Host-based Messaging Systems (ALL-IN-1 and TeamLinks), supporting the migration of shared files, email messages and directory structures to Lotus Notes. Altis also offers a range of structured and bespoke consultancy services, which are based on in-depth experience of business communications, information management, and business/IT partnerships. ALTIS is an established Lotus Business Partner, and holds Lotus Professional Developer, Professional Consultant, and Systems Integrator accreditations and has been involved in the Microsoft Exchange beta testing program and is a Microsoft Solution Providers. URL:http://www.altisltd.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.
Marie-Charlotte Patterson, 201-372-6243
mpatterson@axsone.com
or
Springboard Public Relations
Brian McManus, 732-863-1900 x 103
bmcmanus@springboardpr.com

SOURCE: AXS-One Inc.