RUTHERFORD, N.J., AUG. 26, 2008 – AXS-One Inc., [OTCBB: AXSO], a leading provider of high-performance records compliance management (RCM) solutions, today announced that the AXS-One Compliance Platform™, the industry leader for high performance integrated content archiving, has been recognized by KMWorld magazine as a “Trend-Setting Product” for the fourth straight year. KMWorld, a leading publication and valuable information provider for the knowledge management systems market, will officially introduce award winners in its September 2008 issue.

“We're honored to be selected again by KMWorld for this prestigious award and believe it speaks to AXS-One’s growing leadership in the integrated content archiving and e-discovery market,” said Bill Lyons, CEO of AXS-One. “In today’s legal climate, records compliance management is becoming a priority for the executive suite and General Counsel, not just the IT department. As the archiving and records management industry becomes increasingly competitive, this award is yet another testimonial to AXS-One’s ability to deliver scalable, high performance and relevant software solutions.”

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.

KMWorld editors considered more than 700 offerings through discussions with analysts, theorists, vendors, customers and knowledge management practitioners. Selections 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.

"This year's edition has been compiled through briefings with vendors themselves, along with conversations with analysts, users and system integrators,” said Hugh McKellar, KMWorld’s editor-in-chief. “Our mission selecting this year's products has been deceptively simple: select those that deliver robust customer value."

About AXS-One Inc.
AXS-One (OTC BB: AXSO) is a leading provider of high performance Records Compliance Management software 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, N.J., AXS-One has offices worldwide including the United States, Australia, Singapore and the United Kingdom. For further information, visit the AXS-One web site at http://www.axsone.com.

About KMWorld
KMWorld (www.kmworld.com) is the leading information provider serving the Knowledge Management systems market and covers the latest in Content, Document and Knowledge Management, informing 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. (www.infotoday.com)