Axibase Strengthens Executive Team with the Addition of Accomplished Industry Veteran

Cupertino, Calif., June 04, 2006 – Axibase Corporation, provider of the industry's leading visualization solutions for IT infrastructure management, announced today the appointment of Bill Dockeray to Director of Sales. Bill brings to Axibase over 20 years of industry experience in building long-term customer relationships with Fortune 500 companies, global financial services firms & leading service providers as well as integration & consulting partners.

Dockeray’s experience includes best-of-breed products such as OpenView, Smarts, Micromuse, Concord, Nervecenter, CiscoWorks, etc. with along direct and channel-building initiatives at multiple network and security management start-ups and Computer Associates. Recent successes include McKesson, Citigroup, Goodyear, Aventis/Sanofi, NYC Transit, Safeway and Mellon Bank.

"I'm thrilled to have Bill joining our team," said Sergei Rodionov, president and chief executive officer of Axibase. "We look forward to working with him in driving Axibase's penetration in financial and service provider markets. Bill’s knowledge of the competitive landscape and his proven track record are invaluable to the success of our enterprise."

About Axibase Corporation.
Axibase Corporation is the provider of innovative software solutions for real-time visualization of business applications and infrastructure services. In 2005, Axibase released Fabrica for OpenView - the industry's first service-oriented monitoring solution based on Open Modeler Architecture (OMA). A breakthrough technology, OMA enables IT operations managers and in-house application developers to easily transform Microsoft Visio diagrams into real-time, user-defined application views.

Incorporated in 2004, Axibase is a privately-held company headquartered in Cupertino, California. For more information, visit http://www.axibase.com