AXS-One Board of Directors Elect Bill Lyons as Chairman After Annual Stockholders' Meeting
June 10 2004 - 5:05PM
PR Newswire (US)
AXS-One Board of Directors Elect Bill Lyons as Chairman After
Annual Stockholders' Meeting RUTHERFORD, N.J., June 10
/PRNewswire-FirstCall/ -- AXS-One Inc. (AMEX:AXO), a global leader
in record compliance management, today announced that William P.
Lyons, the Company's President and Chief Executive Officer was
elected Chairman of the Board of Directors during a Board of
Director's meeting following the Company's annual stockholders'
meeting. Mr. Lyons replaces Elias Typaldos, who will continue to
serve the Company as Vice Chairman, Technology and a director. Mr.
Lyons joined AXS-One in April after serving as chief executive in
high growth software companies for large enterprise markets,
including leadership positions with Caminus Corporation,
Ashton-Tate, ParcPlace Systems, Finjan Software, NeuVis and IBM
Company. In addition, during the annual stockholders' meeting, the
stockholders ratified the slate of directors, re-electing the eight
directors submitted by the Company's Board of Directors.
Stockholders also approved amendments to the Company's 1998 Stock
Option Plan (including adding an additional 2,000,000 shares as
available for option grants under that plan) and ratified the
appointment of KPMG as the Company's independent auditor for 2004.
About AXS-One Inc: AXS-One (AMEX:AXO) is a provider of electronic
information archival and compliance solutions as well as supply
chain management solutions that extend the finance function and
allow organizations to work collaboratively with their partners,
suppliers, employees, and customers while preserving investments in
existing systems. AXS-One has implemented high-volume,
interoperable, scalable and secure business solutions for the
global 2000. Its Web Services-based technology has been critically
acclaimed as best of class. AXS-One has approximately 250 employees
in offices worldwide, including Australia, Canada, Singapore,
United Kingdom, United States, and South Africa. AXS-One was
founded in 1978, and is based in Rutherford, New Jersey, U.S.A. For
further information, visit http://www.axsone.com/ 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, the AXS-One logo,
"Access Tomorrow Today," AXSPoint, and TransAXS are registered
trademarks of, and e-Cellerator, AXS Desk, "AXS-One Collaboration
FrameWorks," SMART, Tivity and AXS-Link 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.
For further information, please contact Bernard Cassidy of AXS-One
Inc., +1-201-372-6231, ; or Investors, Matthew Hayden of Hayden
Communications, Inc., +1-858-456-4533, , for AXS-One Inc.
DATASOURCE: AXS-One Inc. CONTACT: Bernard Cassidy of AXS-One Inc.,
+1-201-372-6231, ; or Investors, Matthew Hayden of Hayden
Communications, Inc., +1-858-456-4533, , for AXS-One Inc. Web site:
http://www.axsone.com/
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