Account4 and Tivity Form Strategic Alliance to Dominate PSA Market.

Business Editors

RUTHERFORD, N.J. & NEWTON, Mass.--(BUSINESS WIRE)--May 30, 2001

AXS-One Inc. (AMEX: AXO) and Account4, Inc. today announced a strategic sales and marketing agreement between AXS-One's Tivity division and Account4, both leading providers of solutions in the Professional Services Automation (PSA) industry.

Together, they become the dominant force in the PSA market, based on market share figures previously reported this year by the Aberdeen Group and other industry analysts.

"Tivity feels this strategic alliance with another PSA market leader - Account4 - is key to our continued growth and success," said Dennis Piccininni, President of AXS-One's Tivity division. "What's important is for the companies to find a commonness that benefits the client. Tivity and Account4 share a common vision, a client centric-vision," continued Piccininni. "This alliance will add value to both Tivity's and Account4's clients. Our strengths lie in the quality of our proven technologies and referenceable clients."

John Lucas, Account4 President and CEO commented, "This is a beneficial agreement for both parties. Account4(R) software complements the Tivity product very well, and helps offer the existing AXS-One customer base (over 500 organizations worldwide) a complete, Internet-based PSA solution." He continues, "Furthermore, AXS-One brings a top-notch sales organization that will help Account4 round out our overall sales presence."

"The alliance of these two suppliers gives users a total value greater than the sum of the individual solutions," noted David Hofferberth, Research Director of Aberdeen's Professional Services Automation Practice. "When two successful companies join together to attack the PSA market with complementary offerings and years of experience in helping Professional Services Organizations improve their business processes, the beneficiary is the customer."

About Account4

Account4(R) software is a complete PSA solution for professional services organizations (PSOs) and corporate information technology (IT) departments. It supports the core business processes associated with Business Development, Service Delivery and Administration, and helps these organizations successfully manage projects and increase the utilization, productivity, effectiveness, and retention of their workforces. Account4 was the first fully integrated, 100% Internet-based PSA solution. It offers a pure HTML user interface with no Java or ActiveX.

For more than 14 years, Account4, Inc. (www.account4.com) has provided software and related consulting services to over 175 companies and more than 325,000 licensed users. Our premier customer base includes: Verizon, Kmart, SGI, Radio Shack, NSTAR, Mellon Bank, The Hartford, Chase Manhattan, CNA Insurance, INTRIA-HP, ConEdison, Viacom and FileNET.

About AXS-One Inc.

AXS-One (AMEX: AXO) is a provider of e-Business financial 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 over 300 employees in offices worldwide, including Asia, Australia, Canada, Europe, 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 Tivity

Tivity (www.tivityonline.com) brings a best of breed approach with a core focus and proven capability in enterprise global time and expense capture, approval and billing, as well as the AXS-One family of solutions that manage other critical business processes. This focus promotes revenue management and optimization within corporations and adds accuracy and quality to the billing process, thereby having a positive impact on client relationships. Tivity's product suite includes knowledge enabled workflow processes and consolidated data presentations as the glue that binds both companies and product suites. Tivity boasts world-class customers such as America Online, Cap Gemini Ernst & Young, Mercer Management Consulting, and Sprint e-Solutions.

Forward-Looking Statements

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, TransAXS, AXS Desk and Tivity are trademarks of AXS-One Inc., in the U.S. All other companies and product names are trademarks or registered trademarks of their respective companies.