Automated Appointed Reseller of AXS-One Compliance Platform ™ To Address Corporate Governance and Compliance Issues in the Region

(Hong Kong, 23 February 2006): AXS-One (AMEX:AXO),
a leading provider of high-performance records compliance management software solutions, has formed a partnership with Automated Systems (HK) Limited (“Automated”), a subsidiary of Automated Systems Holdings Limited (“the ASL Group”) (HKEx 771), Hong Kong's leading IT services provider, to develop and deploy sophisticated enterprise business solutions that help organisations enhance their operations.

Under the terms of the agreement, Automated will market, deliver and support the AXS-One Compliance Platform in China, Hong Kong, Macau and Taiwan, where a growing need has been identified. The partnership is an important part of AXS-One's planned expansion into Asia, which sees the company already represented in north and south Asia.

The ASL Group has over 1,000 professional staff throughout Asia and was listed on the Hong Kong Stock Exchange in November 1997. For the nine-month period ended 31 December 2005, the ASL Group reported a turnover of HK$757.2 million.

The AXS-One Compliance Platform TM is a single, scalable software solution that enables organisations to manage their growing volumes of disparate electronic records. This includes e-mail, instant messages, SAP output, desktop documents, images and other digital records. Records are managed according to corporate policies from initial capture and indexing through to archiving, retention, search and their ultimate destruction. Organisations implement such a solution to reduce operational costs — especially storage, corporate governance, legal discovery and compliance with industry and government regulations.

Commenting on the announcement, Managing Director of the ASL Group, Mr Lai Yam Ting, said the Sarbanes-Oxley Act has set many stringent corporate governance standards for US-based enterprises and their subsidiaries.

"To accommodate the growing demand for corporate compliance solutions, Automated has partnered with AXS-One to provide scalable and flexible records compliance management solutions to enable our customers to manage their corporate compliance issues and legal risks," said Mr Lai.

"With our strong local capability and experience, Automated can ensure efficient deployment of the solution to our customers along with quality implementation services and technical support. In the past few years, Automated has been focusing on providing customers with a one-stop-shop document management and records management solution to enhance their operational efficiency. This new partnership with AXS-One aligns with our market strategy while enabling us to meet our customers' additional business and compliance needs."

Ms Kathleen Phillips, regional director, North Asia for AXS-One, said she values the partnership as ASL is one of the leading IT services providers in North Asia and acknowledges its successful track record in providing large-scale conversion services and records management systems for government departments and commercial enterprises.

"With the addition of AXS-One's records compliance management solution, Automated can help its customers achieve not only the maximum efficiency in managing records but also total compliance in terms of enforcing its legal and accounting requirements," Ms Phillips said.

"Automated deploys market-proven and market-ready solutions that can solve their customers' business problems by reducing the time, costs and risk of deployment with seamless systems integration. Their deep understanding of enterprise business solutions will ensure AXS-One technology provides organisations with operational and compliance benefits with a fast return on investment."

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About Automated Systems Holdings Limited

Automated Systems (HK) Limited was founded in Hong Kong in 1973 and was listed on The Stock Exchange of Hong Kong Limited under the name of Automated Systems Holdings Limited (The ASL Group, Stock Code: 771) in November 1997. The ASL Group is a major subsidiary of the CSA Holdings Ltd. (The CSA Group) in Singapore , whose ultimate controlling shareholder is the US-listed Computer Sciences Corporation. The ASL Group, consisting of Automated Systems (HK) Limited, ELM Computer Technologies Limited, CSA Automated (Macau) Ltd. and ASL Automated (Thailand) Ltd., offers professional information technology services to corporate clients in Hong Kong, Macau and Thailand . After 3 3 years of success, the ASL Group has established its reputation as a leading systems integrator and total solutions provider in the region.

The Group, in Hong Kong and Macau alone, has over 1000 employees dedicated to delivering a comprehensive one-stop service from applications and software development to outsourcing, from systems integration to technical support, and from systems consultancy to digital imaging to training. With its strong commitment to quality services, the ASL Group has been winning renowned well-known clients such as government agencies, prestigious universities, telecommunications giants, transportation enterprises, major financial institutions, and prominent leading international corporations.

For more information, please visit our web page at http://www.asl.com.hk

About AXS-One Inc.

AXS-One (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 email, instant messaging, images, SAP and other corporate records.

Founded in 1979, and headquartered in Rutherford, NJ, AXS-One has regional offices worldwide including in the United States, Australia, Singapore, United Kingdom and South Africa.

For further information visit the AXS-One website at http://www.axsone.com

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