Griebenow Expands and Updates Financial Community on Recent Defense Release in WallSt.net Interview


NEW YORK, May 8, 2003 (PRIMEZONE) -- Allan Griebenow, CEO of AXCESS Inc. (OTCBB:AXSI), begins the audio interview with his vision for the company. We then move on to discuss the company's most recent press release on its military applications and what it means to the company. We discuss the size of this industry and the company's plans in going after it.

The interview can be heard at www.wallst.net

About AXCESS Inc.

AXCESS Inc. provides computer network-based asset management solutions to improve asset utilization, operations productivity, physical security, manufacturing logistics, enterprise resource planning, and financial reporting. The Company's products are based on hands-free, long-range radio frequency identification technology used to track and monitor people, assets, inventory and vehicles, as well as patented digital video compression technology for enterprise multi-media transmission and digital recording. The Company's intellectual property includes patented technologies in wireless, automatic identification and multi-media. 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 data centers, retail/convenience store, educational, healthcare, and supply chain markets. Application and browser-based software delivers 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 pages to wireless devices.

About WallSt.net

The Wall St. Network (www.wallst.net) is a multimedia provider of original, insightful, commentary and news from North America's leading companies. Giving a direct link to the management of today's fastest growing companies through encompassing executive interviews and Sector Seminars. We are receiving a fee of $295 from the company for the dissemination of this release. In the future we may have an additional business relationship. Current disclaimers are found at http://www.wallst.net/disclaimer.asp



            

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