AXCESS President/CEO Interviewed on CNBC's Business Today; Interest in Required Changes in Corporate Security

Business Wire, Oct 19, 2001

Business Editors

DALLAS--(BUSINESS WIRE)--Oct. 19, 2001

AXCESS Inc. (Nasdaq:AXSI) President & CEO Allan Griebenow was interviewed this morning on CNBC's Business Today Show and asked to comment on the changes required to improve corporate security and employee safety. AXCESS is a leading provider of advanced security and corporate asset productivity solutions and provides systems in security video (CCTV), access control and employee tracking, and asset management, among others.

Mr. Griebenow was asked to explain the significance of each of these three areas by co-host Nanette Hanson. Following the initial statement that security budgets will go up significantly after the World Trade Center and Pentagon tragedies, Mr. Griebenow highlighted the importance of expanding security video systems to gain greater visibility into the organization. The use of the computer network and digital streaming video is now required for Homeland Security organizations in particular, such as transportation, oil and gas, water service providers, and telecommunications facilities. Mr. Griebenow indicated the benefits include efficiencies as well as more timely provision of security information.

In describing the importance of building access control, Mr. Griebenow addressed the need to improve employee badging using "long range" badges such as the Company's radio frequency identification (RFID) personnel tag. The tag can offer easy access to security control points such as doors, and also automates employee tracking. The tag can minimize the potential damage of a stolen credential by restricting tag movements to authorized security zones in the enterprise. Similarly, the tag offers a panic button to enhance employee safety.

The need to provide asset management using "long range" property tags such as AXCESS' RFID asset tag was related to the loss of laptops announced at the FBI and Customs Service earlier this year. By protecting laptops, users protect intellectual property and potential unauthorized access to the Company's network. In responding to Ms. Hanson's comment that AXCESS' stock price was rising nicely, Mr. Griebenow highlighted the security industry's transition to the use of computer networks and AXCESS' leading position there.

About AXCESS

AXCESS Inc., headquartered in Dallas, TX, provides network-based asset management solutions to the enterprise using patented technologies in wireless automatic identification and multi-media for improving operations productivity, physical security, asset and inventory management, and logistics. Products include hands-free, long range RFID (radio frequency identification) technology used to track and monitor people, assets, inventory and vehicles as well as patented streaming video technology for enterprise multi-media transmission and digital recording. AXCESS Inc. is a VennWorks partner company and trades under the symbol AXSI on the Nasdaq market. For more information on AXCESS Inc., visit www.axcessinc.com.

This news release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.