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AXS-ONE Inc. To Present At The Rodman & Renshaw Techvest 2nd Annual Security And Connectivity Investor Conference

Presentation slated for June 15, 2005 at 11:15 EST

RUTHERFORD, NJ, June 7, 2005 - AXS-One Inc. (AMEX: AXO), a leading provider of high performance records compliance management software solutions, announced today that management will be presenting at the Rodman & Renshaw Techvest 2nd Annual Security and Connectivity Investor Conference. The presentation, to be given by Bill Lyons, Chairman and CEO and will take place on June 15, 2005 at 11:15 a.m. EST at the St. Regis Hotel, 2 East 55th Street, at 5th Avenue, New York, NY. AXS-One will be in Room – Louis XVI.

Management will discuss the Company’s comprehensive suite of Record’s Compliance Management Software and the associated revenue model, the evolution of the industry and specific customer case studies along with an overview of the management team.

About Rodman & Renshaw

Since 1951, Rodman & Renshaw has been dedicated to serving the needs of companies in emerging growth sectors and the investors that seek value in these companies. Although the sectors and their companies have changed over the last five decades, the hallmarks of emerging growth companies remain constant – entrepreneurial spirit, market-defining innovations and cutting-edge expertise. The leaders of these companies require financial advisers who understand the particular challenges they face and who have the experience, knowledge, and expertise to provide effective custom-tailored solutions under any market environment.

For over 50 years, Rodman has experienced the various cycles of the financial markets, and has guided its clients through those fluctuating conditions. Today, we are a privately-held, full-service investment bank with a dedicated team of professionals focused exclusively on emerging growth companies. We provide a full range of services including: equity research, corporate finance, and institutional sales & trading.

About AXS-One Inc.

AXS-One Inc. (AMEX:AXO - News) 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 1979, 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.

AXS-One, the AXS-One logo, "Access Tomorrow Today," AXSPoint, and TransAXS are registered trademarks of, and AXS-One Compliance Platform, AXS-One Rapid-AXS, AXS-One Retention Manager, "The Records Compliance Management Company," e-Cellerator, AXS Desk, "AXS-One Collaboration FrameWorks," SMART, AXS-Link and Tivity are trademarks of AXS-One Inc., in the U.S. All other company and product names are trademarks or registered trademarks of their respective companies.

Company Contact:
Marie-Charlotte Patterson
AXS-One Inc.
(201) 372-6243
mpatterson@axsone.com

IR Contact:
Matthew Hayden
Hayden Communications
(858) 704-5065
matt@haydenir.com






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