SOURCE: Axium Technologies, Inc.

November 20, 2007 08:00 ET

Axium Technologies Updates Shareholders on TaggerTrap

PASADENA, CA--(Marketwire - November 20, 2007) - Axium Technologies, Inc. (PINKSHEETS: AXGI) is pleased to update shareholders on the progress of TaggerTrap, its state-of-the-art graffiti detection product. Axium is excited to announce that TaggerTrap is grabbing media headlines as it makes its commercial debut in California. The Los Angeles Times and other CBS news affiliates have reported that the City of Montebello is the first city in the United States to use Axium's TaggerTrap to combat graffiti, which is a billion dollar problem across North America.

The following are news articles covering Axium's TaggerTrap:

--  Article titled "Security Camera to Combat Tagging in Montebello" on
    November 14th, 2007.  Source:
--  Article titled "Wanna be in pictures?  Tag in Montebello" on November
    15th, 2007 written by Tami Abdollah.  Source:
--  Article titled "SoCal city uses new technology to nab taggers."
--  Article titled "SoCal city use new technology to nab taggers" on
    November 15th, 2007.  Source:
--  Article titled "SoCal city uses new technology to nab taggers" on
    November 15th, 2007.  Source:
--  Article titled "Caught on camera" written by Sandra T. Molina.

The device allows local police departments to monitor "graffiti tagging" activity in real time. The unique characteristic of the TaggerTrap is that it is able to detect the digital signature of the ultrasonic frequency emitted by aerosol spray cans. When activated, sensors move the camera to catch and record the activity, creating video evidence to help prosecute violators in court.

The City of Montebello intends to deploy the devices around the city, including public parks and thoroughfares. At present, there are approximately 20 cameras in service, with an additional 100 expected to be installed by the end of 2007, for a total purchase price of $836,000.


Axium Technologies, Inc. is a leading provider of surveillance security systems software and hardware. The Company maintains its corporate presence in Pasadena, CA and its Research and Development Facility in South Korea. The Company's primary products include MAXIMUM Surveillance Software, which is the key solution providing interoperability for numerous digitalized security and surveillance products from diverse manufacturers.

The Company's Digital Video Recorders (DVRs) and Network Video Products (NVPs) are targeted at the security and surveillance segments of the gaming industry. The Company's newest product "TaggerTrap" is a state-of-the-art graffiti detection product, which detects, records and alarms local police of graffiti activity. The estimated cost of graffiti clean-up in North America is $1.0 billion annually and millions of dollars have been budgeted over the past year by large metro police departments to detect and apprehend graffiti taggers.

FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Security and Surveillance industry; the positioning of Axium products in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Axium Technologies can successfully develop new products and the degree to which these products gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.

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