Axis is investigating the possibilities for a listing at the OM Stockholm Stock Exhange

Axis is investigating the possibilities for a listing at the OM Stockholm Stock Exhange The board of directors and the owners of Axis AB ("Axis") have decided to investigate the possibilities for a listing at the OM Stockholm Stock Exchange during the year 2000. A Stock Exchange listing is expected to further increase Axis potential for expansion geographically, in new product areas and by acquisitions of companies and/or technologies. The listing of the stock on the Stock Exchange would create a means of payment with a distinct market value. The listed share could be used both as consideration in acquisitions and to attract competent employees, who by participation in incentive schemes could be offered to take part of the expected value growth of Axis. Axis will inform about the potential decision on a listing at the OM Stockholm Stock Exchange as soon as possible. Enskilda Securities has been appointed adviser. About Axis Communications Axis AB is a leading company in network connectivity and emerging wireless Internet based services. The company is at the forefront of developing network appliance solutions that enable people and organizations to get easy and immediate access to devices and services. Axis is one of the global leaders in several key thin server and network device markets, such as printer, storage and video connectivity, and is doing pioneering work in the rapidly expanding markets of wireless and mobile communications. Founded in 1984, Axis AB employs more than 500 people worldwide, including the subsidiary Netch Technology. The company had a turnover of approximately 695 MSEK in the financial year 1999/2000. Axis is headquartered in Lund, Sweden and has a total of 20 offices throughout North America, Asia and Europe. Information about Axis can be found at http://www.axis.com. Not for release in or distribution into the United States, Canada, Japan or Australia. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/19/20000519BIT00870/bit0001.doc http://www.bit.se/bitonline/2000/05/19/20000519BIT00870/bit0002.pdf