RUTHERFORD, N.J., August 30, 2005 – AXS-One Inc. (AMEX: AXO), a leading provider of records compliance management software solutions, today announced that its Compliance Platform has been selected as one of the "Trend-setting Products of 2005" by KMWorld, the leading information provider serving the Knowledge, Document and Content Management systems market.

“We're honored to be recognized by KMWorld for introducing a ‘trend-setting product' into the marketplace, especially in the highly competitive market for knowledge management,” said Bill Lyons, CEO of AXS-One. “Along with our recent customer wins, KMWorld's decision to select AXS-One is further endorsement of the AXS-One Compliance Platform, and our longtime commitment to delivering highly innovative solutions that enable organizations to address increasingly complex issues regarding electronic records management for regulatory compliance, corporate governance and legal discovery.”

KMWorld editors compiled the list, which is featured in the publication's September issue, through a rigorous selection process. More than 200 vendors and over 1,200 offerings were reviewed through discussions with analysts, theorists, vendors, customers and knowledge management practitioners. Among the criteria were usability, flexibility, adoption rate and total cost of ownership, as well as the vendor's vision toward the future or for a collection of offerings, rather than a specific product or compelling new version of an existing one.

“The list was conceived as a way to identify some of the offerings leading the way in the knowledge economy,” said Hugh McKellar, editor-in-chief of KMWorld. “It's certainly not intended to be the final word on the matter; rather, it's designed to encourage a broader discussion of knowledge management. In every case, the thoughtfulness and elegance of the software certainly warrants further investigation, and we're confident that the included products will dramatically boost the productivity of any type of organization."

To obtain a copy of the September issue contact 1-800-248-0588 or view it online at http://www.kmworld.com.

About AXS-One Inc.
AXS-One Inc. (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 KMWorld
The leading information provider serving the Knowledge, Document and Content Management systems market, KMWorld informs more than 50,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance. KMWorld is a publishing unit of Information Today, Inc.

AXS-One Contact:
Digs Majumder
Neale-May & Partners
212.213.5400 x 206
digs@nealemay.com

Company Contact:
Marie-Charlotte Patterson
AXS-One Inc.
201.372.6243
mpatterson@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.