Performance Leader for Records Compliance Management software is chosen from list of more than 1,500 products from 300 vendors

RUTHERFORD , N.J. , August 24, 2006 – AXS-One Inc. (AMEX:AXO), a leading provider of high-performance Records Compliance Management (RCM) software solutions, today announced that the AXS-One Compliance Platform—the industry leader for high performance electronic records archiving and management—has been recognized by KMWorld magazine as a “Trend Setting Product” for the second straight year. KMWorld , a valuable information provider serving the knowledge management systems market, will officially introduce award winners in its September 2006 issue.

The AXS-One Compliance Platform is an integrated software solution designed to securely archive and manage virtually all electronic records, including e-mail and instant messages, regardless of originating platform, to support regulatory compliance, legal discovery and cost reduction initiatives.

“We're honored to be selected by KMWorld for this prestigious award for the second consecutive year, particularly because the publication knows our industry so well,” said Bill Lyons, CEO of AXS-One. “ In the current business environment, effective records compliance management is clearly a boardroom priority. At the same time, this is a highly competitive market, with a broad range of vendors offering diverse product lines. The AXS-One Compliance Platform is clearly the performance and scalability leader for regulatory compliance, corporate governance and legal discovery, and we're gratified that it is also seen as a trend-setting product of the year.”

KMWorld editors compiled the list of winners through an exhaustive selection process, where more than 300 vendors and over 1,500 offerings were considered via discussions with analysts, theorists, vendors, customers and knowledge management practitioners. Criteria were based on usability, flexibility, adoption rate and total cost of ownership. Also factoring into the equation were vendors' visions of the future and efforts toward broadened offering platforms.

"Assembling the list of Trend Setting Products of 2006 is a year-long collaborative effort with editorial colleagues, analysts and users," says Hugh McKellar, KMWorld editor in chief. “Honorees demonstrate exquisite execution designed for, and input from, the most important constituency of them all: their customers."

About AXS-One
AXS-One Inc. (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 web site at http://www.axsone.com.

About KMWorld
The leading information provider serving the knowledge management systems market, KMWorld covers the latest in Content, Document and Knowledge Management and informs more than 51,000 subscribers about the components and processes – and subsequent success stories – that together offer solutions for improving business performance.

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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, AXS-Link for Desktop, AXS-Link for SAP, AXS-Link for Lotus Notes, AXS-Link for Microsoft Exchange, "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.