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Technology Stocks : AXSI - Axcess Inc. (formerly LASX) -- Ignore unavailable to you. Want to Upgrade?

To: John A. Paul who wrote (1169)	3/3/2000 11:19:00 AM
From: John A. Paul	Respond to of 1220

Sergio: $10 would be soooooooooo sweet today. Can we do it? We shall see. JP

To: John A. Paul who wrote (1169)	3/3/2000 2:27:00 PM
From: John A. Paul	Read Replies (2) \| Respond to of 1220

Sergio: We have news:AXCESS to Receive New Investment from incuVest, LLC DALLAS, TX March 3, 2000 - AXCESS Inc. (NASDAQ: AXSI) announced today that it will receive a $5.0 million strategic investment from incuVest LLC. Located in New York City, incuVest creates, develops and operates innovative technology companies through its global network of technology incuVators. The transaction is expected to close later this month. "incuVest's management team has significant experience in developing emerging technology companies. This relationship provides AXCESS with the opportunity to benefit from incuVest's growing network of companies and strategic alliances," says AXCESS' president and ceo, Allan Griebenow. AXCESS will utilize the investment to expand its networked multi-media and automatic identification product lines to applications outside of the security marketplace. The company will also develop an e-business service to better meet customer's information needs. Using AXCESS' patented technologies, users will benefit from significantly enhanced productivity and business operations. "AXCESS is poised to reap the rewards of the explosive growth in business-to-business e-commerce. It has the right technologies and is supported by world class management. This is a rapidly growing company with a solid customer base, good products, and recent technical innovations which give it real "first-to-market" advantages. All of these factors position the company as a market leader and make this an excellent investment for incuVest," stated Robert J. Bertoldi, president of incuVest. For more information on AXCESS' products, see the company's web site at www.axcessinc.com AXCESS Inc., headquartered in Dallas, TX, provides network-based system solutions to the enterprise using patented technologies in wireless, automatic identification and multi-media for improving operations productivity, physical security, asset and inventory management, and ERP. Products include hands-free, long range RFID (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. incuVest LLC is headquartered in New York, NY. incuVest operates a worldwide network of sector-focused incuVators, where technical innovations are cultivated into market leading public companies. The company's operating strategy integrates the creative and business development talents of its incuVators' technical and business professionals with world-class management teams, who execute the business strategies of their spin-out companies. The company's expanding operations in the United States and in strategic locations around the world will provide each business with the opportunities and benefits afforded by a global market. Please contact Henry D. Bertoldi, Vice President of Marketing, at 212.849.8126 or hbertoldi@incuvest.com for additional information about incuVest or visit the company's web site at www.incuvest.com. JP