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July 1, 2002

Axis provides video server capabilities to network cameras from Canon

Axis Communications has signed a strategically important OEM-agreement with Canon for the development and delivery of network video server boards to be used in a series of Canon network cameras. This new agreement extends Axis' existing cooperation with Canon and is the first to include products for the fast growing network video market. The order value during the first year for Axis is estimated to between 500 000 and 1 million Euros.

The agreement with Canon marks another important step in Axis' efforts within the OEM segment - extending the existing partnership between the two companies beyond access points and print server solutions. The customized video server boards now shipped to Canon will be used for Canon's VB-C10 and VB-C10R network cameras, enabling easy installation and giving users network access to images and camera controls with a standard Web browser.

"We know Axis from before, they have supplied us with print servers for several years with good quality and high reliability," says Mr. Mitsuhiro Tokuhara, Group Executive of Lens Products Group, Canon. "We feel confident in their ability to continuously develop new hardware and software solutions for connecting network devices and that makes Axis a good partner to Canon."

The Canon VB-C10 is a high quality network camera, ideal for remote monitoring applications where the built-in pan, tilt and zoom functions are critical, allowing one camera to monitor large areas from multiple angles. It's also a good tool for Web attraction applications, such as live event broadcasting where Web page visitors can follow events in real time.


For further information, please contact:
Ray Mauritsson, Vice President OEM, Axis Communications
Phone: + 46 708 90 18 10, E-mail: ray.mauritsson@axis.com

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

About Axis
Axis develops solutions for user-friendly and secure communication over wired and wireless networks. The company is a worldwide market leader in network connectivity, with products for office, facility and industrial environments.
Axis was founded in 1984 and is listed on the O-list (Attract 40) of Stockholmsbörsen (XSSE:AXIS). With more than 300 employees, and offices in 14 countries, Axis operates globally in cooperation with distributors and OEM partners in some 70 countries. Markets outside Sweden account for more than 95 percent of sales. Information about Axis can be found at www.axis.com

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