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March 11, 2003

Axis delivers print servers to one of the leading banks in Spain

Axis Communications has signed an agreement with Spanish partner APC for the installation of a large number of print servers to Caja de Ahorros El Monte's bank offices across Spain. The print servers help to improve the internal IT infrastructure and to provide better services to the bank's clients.

Cost efficiency, increased flexibility and improved customer service were some of the key requirements when Caja de Ahorros El Monte outlined its new IT-infrastructure for the bank's offices in Andalucía, Extremadura, Castilla-La Mancha, Madrid and Barcelona. The solution that now will be installed by Axis' partner APC, is based on AXIS 5400+ network print servers, which replaces a previous infrastructure where printers connected directly to individual PCs. With the new printing environment in place, direct value is created for staff as well as customers by eliminating bottlenecks and allowing faster response to client's needs and demands.

"With the solutions from Axis we open up for the ability to share print services for documents and forms, modernizing the working environment in one of the older Spanish banks. We are very pleased to be able to help such a distinguished bank and we hope to continue working together with them for any future needs," said Oscar Polo, APC's representative for Southern Spain.

The AXIS 5400+ network print server is designed to simplify the printing process and to increase network flexibility. Enhanced with Axis' latest software, the solution also includes other benefits that improves user friendliness and lowers the need for administration. Key features include automatic IP setting, which simplifies installation and automation of the maintenance process. When the printer requires attention -- for example, new toner or a paper refill -- the print server will automatically notify a chosen administrator by e-mail.

About Axis
Axis increases the value of network solutions. The company is an innovative market leader in network video and print servers. Axis' products and solutions are focused on applications such as security surveillance, remote monitoring and document management. The products are based on in-house developed chip technology, which is also sold to third parties.

Axis was founded in 1984 and is listed on the Stockholmsborsen (XSSE:AXIS). Axis operates globally with offices in 14 countries and in cooperation with distributors, system integrators and OEM partners in 70 countries. Markets outside Sweden account for more than 95 % of sales. Information about Axis can be found at www.axis.com


For further information, please contact:
Anne Rhenman, Director Investor Relations and Corporate Communications, Axis Communications
Phone: + 46 708 90 18 29, E-mail: anne.rhenman@axis.com

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