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

To: Andrew Spurlin who wrote (847)	4/21/1998 4:46:00 PM
From: John Arnopp	Read Replies (3) \| Respond to of 1220

Nasdaq Confirms AXCESS Inc.'s Compliance With New Listing Requirements Tuesday April 21, 3:56 pm Eastern Time Company Press Release SOURCE: AXCESS Inc. Nasdaq Confirms AXCESS Inc.'s Compliance With New Listing Requirements DALLAS, April 21 /PRNewswire/ -- Nasdaq has informed AXCESS Inc. (Nasdaq: AXSI - news; formerly Lasertechnics, Inc.) that it has approved the company's continued listing on the Nasdaq SmallCap Market. AXCESS Inc. initially had not met all of Nasdaq's new listing requirements which became effective February 23, l998. It has since fulfilled these requirements after its reverse stock split, which was approved at a Special Meeting of Shareholders on March 31, l998, and by the commitment of capital from Amphion Ventures LP, also previously announced. ''We are pleased that our shareholders and the company will continue to benefit from our listing,'' said Harry S. Budow, president and chief operating officer of AXCESS Inc. AXCESS Inc. has implemented a new business plan and expects to develop unique technology in biometric security and access control systems.AXCESS Inc., founded in 1981 as Lasertechnics, Inc., consists of two operating subsidiaries: (1) AXCESS Inc. of Dallas, TX (majority-owned) which produces fraud-resistant wallet-size ID cards, assembles and sells dye-sublimation card printers, and designs and markets turnkey corporate security systems; and (2) Lasertechnics Marking Corporation of Albuquerque, NM (wholly-owned) which provides laser marking systems and related technologies for a diverse range of industrial and commercial markets. For additional details see Letter to Shareholders on axsi.com This press release includes ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the company to differ materially from the results expressed or implied by such statements, including general economic and business conditions, conditions affecting the industries served by the company and its subsidiaries, conditions affecting the company's customers and suppliers, competitor responses to the company's products and services, the overall market acceptance of such products and services, and other factors disclosed in the company's Annual Report on Form 10KSB for the year ended Dec. 31, 1997 and all of the company's subsequent Quarterly Reports on Form 10QSB through December 31, 1997. Accordingly, although the company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. SOURCE: AXCESS Inc.