Triple Top 5 Ranking in 2008 Socha-Gelbmann E-Discovery Report Underscores Industry Adoption of AXS-One E-Discovery Solutions

RUTHERFORD, NJ–(EMWNews – 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 (OTCBB: 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.