AXCESS Inc. Announces Employee Furloughs.

Business Editors

DALLAS--(BUSINESS WIRE)--Oct. 16, 2002

AXCESS Inc. (OTCBB:AXSI), announced today they will commence a furlough of employees. The Company expects the furlough to be temporary as it works to obtain additional financing. "We hope to conclude our financing and bring all our employees back to work as soon as possible," commented Allan Griebenow, President & CEO.

About AXCESS Inc.

AXCESS Inc., headquartered in Dallas, provides advanced security and asset management systems that locate, identify, track, monitor, count, and protect assets. Its network-based systems provide application solutions that can reduce loss and liability, and boost productivity in areas that provide significant value for the customer. In security, the Company's solutions extend traditional system coverage through the use of the corporate network or Internet. A particular focus on automatic incident detection, recording, and notification, all of which can increase productivity and effectiveness. Beyond traditional security, the Company's solutions automatically locate, track, monitor and protect assets, which can maximize utilization of critical assets, such as computers, inventory, people, and vehicles, and improvement of business operations. The main applications are security video (CCTV), personnel and vehicle access control, and automatic asset tracking and protection. The Company provides solutions in the recently identified homeland security markets such as air and ground transportation, water treatment facilities, oil and gas, power plants, as well as in the markets for data centers, retail and convenience stores, education, and corporate offices. AXCESS utilizes two patented and integrated technologies: network-based radio frequency identification (commonly referred to as RFID) and tagging and streaming video. Both application and browser-based software options deliver critical real-time information tailored to each end user via the enterprise network or Internet, also providing custom alerts in the form of streaming video, e-mail, or messages delivered to wireless devices. AXCESS is a VennWorks LLC partner company.

This news release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, and other factors disclosed in the Company's Annual Report on Form 10KSB for the year ended Dec. 31, 2001 and all of the Company's subsequent Quarterly Reports on Form 10QSB, especially in the "risk factors" sections of these annual and quarterly reports. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this news release.