RUTHERFORD, N.J.--(BUSINESS WIRE)--Oct. 26, 2004--AXS-One Inc. (AMEX: AXO), a leading provider of records compliance management solutions, has been named a finalist for the 2004 RealWare Awards in the Enterprise Content Management category. The awards, presented by Intelligent Enterprise and Transform magazines, recognize innovative information technology solutions that transform business and enable the intelligent enterprise. Unique to the awards, customers and solution providers are jointly honored for their innovative execution of a business-driven IT solution.

AXS-One was recognized by the RealWare judges for its deployment of the AXS-One Compliance Platform(TM) within one of the premier U.S. organizations in financial protection and wealth management with over $520 billion in assets. The customer is using the AXS-One SEC 17a-4 and NASD 3010-compliant solution to centrally archive and manage tens of thousands of electronic messages daily for operations and compliance-related purposes within its Lotus Notes(R) environment. With the AXS-One solution in place, the firm is proactively addressing both business and compliance requirements, including secure e-mail archiving with full security and audit trails, content surveillance, keyword and full-text query capabilities, as well as information lifecycle management with storage of messages and attachments on tamperproof storage media.

"We are proud of the results that our solution has delivered to this customer and are pleased to see the value we provide through our records compliance management solutions validated by the RealWare Awards," said AXS-One CEO Bill Lyons. "The consequences of non-compliance with SEC and other industry regulations make headline news daily and reinforce the importance for content and records management solutions that address a broad range of compliance and business challenges."

The RealWare award winners will be announced November 16 at the Intelligent Performance Conference & Expo in La Jolla, California.

The AXS-One Compliance Platform is an integrated, scalable solution for the secure archival, management, integration and audit of all corporate records, regardless of originating application or platform. The platform provides organizations with a single, comprehensive environment for viewing all records in their records repository. More than 250 disparate document and data types including e-mail, Instant Messaging, ERP (such as SAP), electronic print streams, Office documents (such as Microsoft Word, Excel and Adobe PDF), images, and voice are securely captured, indexed and stored within the platform's central archive. Supervision and discovery components allow companies to confidently address regulatory guidelines, such as SEC17a-4 and NASD 3010, and to facilitate their current and future corporate governance, legal discovery and litigation support efforts. The solution's web services and XML transformation capabilities enable stored content to be utilized within business applications such as e-document delivery, online dispute resolution, and reconciliation of financial data.

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.

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: Company Contact:
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.