Triple Top 5 Ranking in 2008 Socha-Gelbmann E-Discovery Report underscores industry adoption of AXS-One e-discovery solutions

RUTHERFORD, N.J., JULY 24, 2008 – AXS-One Inc., [OTCBB: AXSO], a leading provider of high-performance records compliance management (RCM) solutions, today announced it has been named a top e-discovery software provider in the 2008 Socha-Gelbmann Electronic Discovery Survey. The company was named as a top-five software provider in the identification, preservation and collection categories and as a top provider for processing, review, production and overall corporate ranking.

The Socha-Gelbmann Electronic Discovery Survey is an independent survey conducted by George Socha, Jr. and Tom Gelbmann. Started in 2003 and now in its sixth consecutive year, the Socha-Gelbmann Electronic Discovery Survey examines the size, scope and growth of the electronic discovery market. The full Socha-Gelbmann Electronic Discovery Survey may be purchased at http://www.sochaconsulting.com/2008survey.php

“Achieving a top ranking in this influential report says a lot about the adoption of AXS-One’s progressive approach to e-discovery software requirements,” said AXS-One CEO Bill Lyons. “As the study indicates, 2007 was a tremendous year of growth for AXS-One. Corporations continue to struggle with the implications of electronically stored information and the requirements for e-discovery. Our 15-year heritage of developing high-performance, highly scalable software solutions to address complex regulatory and business requirements for managing electronic records gives us a highly differentiated perspective.”

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, the United Kingdom and South Africa. For further information, visit the AXS-One web site at http://www.axsone.com.

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