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Quest to Resell AXS-One Platform

RUTHERFORD, N.J. -- AXS-One [OTCBB : AXSO], a leading provider of scalable, high-performance records compliance management (RCM) solutions, today announced an agreement with Quest Technology Management, a leading technology provider serving Fortune 1000 companies.

Under the terms of the agreement, Quest will resell the AXS-One Compliance Platform, offering it as an integrated component of its hosting and managed services messaging offering. Quest has already closed an agreement with its first customer, and will start to offer the solution to its existing hosting customers in the coming weeks for the new archiving service. Quest will also offer the AXS-One Compliance Platform™ to its existing customers.

The Quest agreement represents a major step forward for AXS-One’s Hosting Division, which the company launched last month. The new division is dedicated to offering innovative archiving technologies to key providers in the hosting and e-Discovery markets. AXS-One also recently announced reseller agreements with two of the world’s major hosting providers.

“At a time when hosting is emerging as the key issue for messaging, AXS-One remains the only on-site archiving and electronic records management solutions vendor to directly address this management priority,” said Bill Lyons, CEO of AXS-One. “Our team is focused on delivering a rich set of features and functionality, with the lowest infrastructure costs and fast implementation. This in turn allows partners such as Quest to significantly expand the value they offer to their customers while expanding their own revenue opportunities.”

AXS-One Inc.