Prestigious magazine ranking recognizes organizations that ‘demonstrate the capacity for customer-driven agile innovation'

RUTHERFORD, N.J., Feb. 27, 2006 – For the second consecutive year, AXS-One Inc. (AMEX: AXO), a leading provider of records compliance management software solutions, announced that it has been selected as one of the "100 Companies That Matter in Knowledge Management" by KMWorld, the leading information provider serving the Knowledge, Document and Content Management systems market.

“We're privileged to be recognized by KMWorld, for the second year in a row, as a company that matters in the knowledge management marketplace,” said Bill Lyons, CEO of AXS-One. “In an environment where the issues we work on with our customers—compliance, corporate governance and legal discovery—touch on virtually every aspect of business operations, we understand the importance of records compliance management. We see this recognition from KMWorld as further endorsement of our mission and our achievements, and we thank them for the honor.”

KMWorld editors compiled this 6 th annual edition of the list, which is featured in the publication's March issue, through a rigorous selection process. More than 1,000 eligible organizations were considered and reviewed through discussions with analysts, theorists, vendors, customers and knowledge management practitioners.

“The list is conceived as a way to recognize some of the organizations leading the way in the knowledge economy,” said Hugh McKellar, KMWorld's editor-in-chief. “It's designed to encourage a broader discussion of KM. Criteria for inclusion differ, of course, as do the technologies recognized, but all companies share the following: Each has helped to create a market, redefine one or enhance one, and all of them demonstrate the capacity for customer-driven agile innovation. Compilation of the list is a year-long, collaborative but informal process with vendors, analysts and colleagues.”

About AXS-One Inc.

AXS-One (AMEX: AXO) is a leading provider of high performance 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 award-winning 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 website 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, AXS-One Rapid-AXS, "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.

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.