LINCOLN, NE--(MARKET WIRE)--Aug 26, 2008 -- Axis Technologies Group, Inc. (Other OTC:AXTG.PK - News), a green technology designer, manufacturer and marketer of a proprietary line of energy saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry, announced today that the company has received many orders in the past sixty days for its ballasts to be installed in government buildings at all levels including schools, universities, hospitals, prisons, libraries, military facilities, state office buildings, etc. Most states have passed legislation that mandates energy reductions, renewable energy, compliance with LEED (Leadership in Environmental and Energy Designs) standards, lighting controls, Green practices, etc., and in many cases, provides incentives, rebates, or low-interest loans to enhance compliance.

The various programs that are available from various utilities can be found at www.dsireusa.org (Database of State Incentives for Renewables and Efficiency).

Kip Hirschbach, CEO of Axis Technologies, Inc., said, "Many of the states' energy reduction programs have goals of from 10 to 30% that is expected by a certain date. The Axis Dimming/Daylight Harvesting ballast can greatly help the building managers in reaching these aggressive timelines. We are especially gratified to see that our efforts at building awareness within the industry through our many trade show participations have built an attractive referral base that is generating incoming sales leads well after these trade shows."

For further information on Axis Technologies, Inc., visit www.axistechnologyinc.com. To be included in the company's e-mail database for press releases and industry updates, please send an e-mail to ir@axistechnologyinc.com.

About the Axis Ballast:

A standard "ballast" is an electronic component that regulates voltage in light fixtures. Axis Technologies Group, Inc. has developed an innovative new ballast with the aim of expanding daylight harvesting into mainstream lighting applications. The patented Axis Dimming/Daylight Harvesting Ballast is a new technology that transforms the ballast, a once standard lighting industry staple, into a dynamic energy saving system that can reduce lighting energy costs by up to 70%. The Axis Ballast utilizes an individual photo sensor to automatically adjust the amount of electrical current flowing to the light fixture and then dims or increases lighting in conjunction with the amount of available sunlight. The Axis Ballast avoids "over-lit" conditions that increase energy costs by harvesting and utilizing free daylight from windows or skylights. As the amount of available daylight fluctuates, the Axis Ballast keeps lighting "tuned" to the desired level in a designated area.

About Axis Technologies Group, Inc.:

Axis Technologies Group, Inc. conducts its business through this wholly owned subsidiary Axis Technologies, Inc., a Delaware corporation headquartered in Lincoln, Nebraska. Axis Technologies, Inc. designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The company's target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. In 2002, Underwriters Laboratory (UL) approved Axis products for sale in both the United States and Canada. The Axis ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast.

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

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     IR@axistechnologyinc.com
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