AXYS Technologies Inc. (AXYS) Announces deployment of the WatchMate™

Sidney, BC, Canada. August 7, 2008 AXYS Technologies Inc. has successfully deployed the WatchMate™, the most recent addition to its buoy product line up. The buoy was deployed by AXYS personnel in 21 metres water depth at 10:06 AM PDT on July 30, 2008 in Haro Strait, 5 kilometers off the coast of Vancouver Island. The buoy will be on station until at least the spring of 2009. Data from the new WatchMate™ buoy can be viewed online at: http://data.axystechnologies.com:5858/AXYSWebView/WEBVIEW/webview.aspx username: watchmate password: watchmate The 1.4 metre diameter buoy is outfitted with a standard meteorological package (winds, air temp, humidity and pressure), a TRIAXYS™ directional wave sensor and a sea surface temperature sensor. The buoy sends data back to AXYS headquarters every hour via CDMA cellular phone and uses Inmarsat D+ satellite service for Watchcircle alarm or secondary telemetry. AXYS Technologies Inc. designs, manufactures, distributes and maintains remote environmental data acquisition, processing and telemetry systems. The company is committed to developing products and applications that are powerful, yet intuitive, so that clients can control their environment with any telemetry, any sensor, anyway. FOR IMMEDIATE RELEASE AND DISPERSAL TRIAXYS™ with Currents buoy to improve tanker berthing safety Sidney, BC, Canada. August 13, 2008 AXYS Technologies Inc. (AXYS) has been awarded a contract from Metocean Services International (MSI) of South Africa to supply a TRIAXYS™ with Currents buoy.The buoy will provide wave and current data to tankers approaching a conventional buoy mooring (CBM) facility, which is anchored offshore and serves as a mooring point for tankers to offload oil products. Armed with environmental data at their fingertips, ship captains will have the ability to make mission critical decisions quickly, thereby improving safety at sea and knowledge of environmental conditions around the CBM. In addition, company engineers, pipeline construction managers, work crews, and regulatory authorities will be able to access buoy data via AXYS' proprietary WaveView™ software. TRIAXYS™ with Currents is a rugged, lightweight data collection buoy. The 0.9m diameter solar-powered instrument collects, processes, stores and transmits wave & current information to a shore base station in near real time. The buoy features an integrated Nortek Aquadopp Acoustic Doppler Profilers (ADP) that obtains detailed current profiles through the water column. Terms of the sale are confidential and have not been provided. The buoys will be air freighted to the client in late 2008. MSI will undertake the deployment and servicing of the buoy. AXYS Technologies Inc. designs, manufactures, distributes and maintains remote environmental data acquisition, processing and telemetry systems. For further information, please visit www.axystechnologies.com or contact AXYS at: info@axys.com Metocean Services International (Pty) Ltd (MSI) brings together a management team with over 30 years of experience in the offshore oil and gas industry. Not only does MSI aim to provide the industry with an alternative metocean service provider, but by utilizing the latest state of the art equipment and providing professional, cost effective global solutions, they continue to work towards becoming a supplier of choice. For further information contact AXYS at: info@axys.com or www.axystechnologies.com AXYS Technologies Inc. Media Contact: Silvana Bhondi Global Marketing Coordinator sbhondi@axys.com (250) 655-5860