Texas A&M Study Documents Significant Energy Savings at DFW Airport After Axis Product Installation

LINCOLN, Neb.--(BUSINESS WIRE)--Axis Technologies Group, Inc. (Pink Sheets:AXTG) released the results of a study conducted by the Texas A&M Energy Systems Laboratory (ESL) after a year-long evaluation on a test installation utilizing the Axis Dimming/Daylight Harvesting (DDH) ballast system at the Dallas/Fort Worth International Airport. The ballasts were installed and tested in the Terminal B area of DFW Airport.

“Again we have proven that we have a superior product and it is especially gratifying to have a renowned third party like Texas A&M Energy Systems Lab concur with our previous findings”

The test installation was made in November 2004, and the results were published by the ESL in January of 2006. The report cited an overall lighting energy reduction of 20% over the previous T8 system and a 26% peak demand reduction.

A competitors product was also tested in the same area and the Axis product outperformed the competitor by 21%. Axis management feels this is especially significant because the competitive product is considered the only product that is remotely comparable to the Axis DDH ballast’s dimming/daylight harvesting features.

“Again we have proven that we have a superior product and it is especially gratifying to have a renowned third party like Texas A&M Energy Systems Lab concur with our previous findings,” said Brian Bowman of Axis Technologies.

A comprehensive report can be obtained on the company’s website or copies of the full report are available in Word format by contacting Axis Technologies, Inc. at [phone].

For further information on Axis Technologies, Inc., visit www.axistechnologyinc.com.

About the Axis DDH Ballast

A "ballast" is an electronic component that regulates voltage in fluorescent lighting. Axis Technologies Group, Inc. has developed an innovative new ballast with the aim of expanding daylight harvesting into mainstream fluorescent lighting applications. The patented Axis Dimming/Daylight Harvesting Ballast is a new technology that transforms the ballast, a once standard lighting industry staple, into a dynamic energy saving system that can reduce lighting energy costs by up to 70%. The Axis DDH Ballast utilizes an individual photo sensor to automatically adjust the amount of electrical current flowing to the light fixture, and then dims or increases lighting in conjunction with the amount of available sunlight that may be harvested from available windows and sunlight. The Axis DDH Ballast avoids "over-lit" conditions that increase energy costs by keeping lighting "tuned" to the desired level in a designated area.

About Axis Technologies Group, Inc.:

Axis Technologies Group, Inc. conducts its business through this wholly owned subsidiary Axis Technologies, Inc., a Delaware corporation headquartered in Lincoln, Nebraska. Axis Technology, Inc. designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The company’s target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. In 2002, Underwriters Laboratory (UL) approved Axis products for sale in both the United States and Canada. The Axis DDH ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast.

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.