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Sesame Workshop Goes Live with AXS-One - TM - Enterprise; Improves efficiencies in financial adhoc reporting and business intelligence

RUTHERFORD, N.J., Feb 8, 2002 (BUSINESS WIRE) -- AXS-One Inc. (AMEX: AXO), a leading global provider of e-business solutions, today announced that long-term client Sesame Workshop has successfully completed the upgrade of its previously licensed AXS-One Enterprise installation, including restructuring their chart of accounts and implementing adhoc reporting and business intelligence solutions, in a successful effort to improve their efficiencies.

Sesame Workshop reorganization was the driving force behind this initiative as they needed to respond to the increasing competitive nature of educational media.

"Sesame Workshop sought a better way to report on financial transactions and improve efficiencies. We chose to implement the AXS-One Enterprise solution when we re-organized our business," said Sherra Pierre, vice president, information technology, Sesame Workshop. "We have already implemented the upgrade of AXS-One Enterprise, restructured our chart of accounts, built and implemented a business intelligence Datamart, and will soon complete the procurement management and fixed assets components."

Sesame Workshop, an innovative, educational provider of content for children's media, realized increasing competition from other major media players and needed to get a better handle on where their business was growing. The decision was to improve brand management and focus on the most productive parts of the business. In order to do so, Sesame Workshop kicked off an improvement initiative around improving their technology infrastructure and solutions.

    About AXS-One Inc.
                    
AXS-One (AMEX: AXO) is a provider of e-Business solutions for global 2000 companies, professional service organizations (PSOs) and financial managers. AXS-One, formerly Computron Software, Inc., has implemented high-volume, scalable and secure business solutions for hundreds of customers across the globe. AXS-One has approximately 300 employees in offices worldwide, including Asia, Australia, Canada, United Kingdom, United States and South Africa. AXS-One was founded in 1978, and is based in Rutherford, New Jersey. For further information on AXS-One, visit the AXS-One web site at http://www.AXS-One.com.

    About Sesame Workshop
                    
Sesame Workshop is a not-for-profit educational organization that stands alone in its ability to creatively help meet major educational and developmental needs that affect children around the world. For over 30 years, the Workshop has created innovative and engaging media to help all children reach their highest potential. The organization grounds its work in research to understand how multi-media platforms help children learn, develop and grow. Best known as the creators of Sesame Street, Dragon Tales and Sagwa, the Chinese Siamese Cat airing on PBS, the Workshop continues to break new ground with Noggin, the only 24-hour kids' thinking channel. Find the Workshop online at www.sesameworkshop.org

This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the company's documents and reports filed from time to time with the Securities and Exchange Commission.

AXS-One, "Access Tomorrow Today", e-Cellerator, AXSPoint, AXS Desk and Tivity are trademarks of, and TransAXS is a registered trademark of, AXS-One Inc., in the U.S. All other company and product names are trademarks or registered trademarks of their respective companies

CONTACT:          AXS-One Inc., Rutherford
                  Deanna Kowalik, 201/372-6353
                  dkowalik@axsone.com




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