Rutherford, NJ, November 10, 2006 – AXS-One Inc., (AMEX: AXO), a leading provider of high-performance records compliance management software solutions, announced today that it has changed the date of its conference call to discuss its third quarter financial results from November 13 to November 20, 2006. The new information is as follows:

Date: Monday, November 20, 2006

Time: 5 p.m. Eastern Time

Internet: Webcast can be accessed via the company website at www.axsone.com

Dial-In: 706-645-0399

The Company will file for an extension to delay the filing of its Form
10-Q until November 20. The delay is due to the recent sale of its Enterprise Financials business, announced November 1. The Company is working closely with its independent auditors to properly account for discontinued operations related to the sale.

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 1978, 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.

Notes to Investors:
Special Note Regarding Forward-Looking Statements: A number of statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. These risks and uncertainties include, but are not limited to: our ability to return to profitability; our ability to grow license and service revenue; potential vulnerability to technological obsolescence; the risks that our current and future products may contain errors or defects that would be difficult and costly to detect and correct; potential difficulties in managing growth; dependence on key personnel; the possible impact of competitive products and pricing; and other risks described in more detail in AXO's most recent Form 10-K and other Securities and Exchange Commission filings.

All trademarks, registered trademarks, and service marks are the property of their respective owners.