Research Pit

[lonestar1a1]

AXTG:

TheCapitalReport.com
November 20, 2006
Hello Again!

AXTG is up on huge volume this morning and is up 20% to $1.50 early.

News was just announced that the Lincoln Electric System (an electric utility company) published a case study on energy savings following the installation of the Axis Technologies Dimming/Daylight Harvesting (DDH) ballasts in their headquarters in Lincoln, NE.

The study showed a 69% lighting energy savings was achieved. The release follows:

Axis Receives Endorsement from Lincoln Electric Co. After Case Study Shows 69% Energy Savings

LINCOLN, Neb., Nov 20, 2006 (BUSINESS WIRE) -- Axis Technologies Group, Inc. (Pink Sheets:AXTG) announced today that the Lincoln Electric System (an electric utility company) published a case study on energy savings following the installation of the Axis Technologies Dimming/Daylight Harvesting (DDH) ballasts in their headquarters in Lincoln, NE. An entire floor of the building was retrofitted with the Axis 4-lamp ballast system and a comparative case study followed.
The study showed a 69% lighting energy savings was achieved after the previous standard T12 ballasts were replaced by the more efficient Axis DDH ballasts. The study also indicated a simple payback period of approximately 18 months due to the combined lighting energy savings, and air conditioning savings due to the lowered heat output after the Axis DDH ballast was installed.

"LES has endorsed the Axis DDH ballast and is recommending them to their customers - this is the first and only product that LES has ever endorsed" said Kip Hirschbach, CEO of Axis Technologies Group, Inc. We are especially excited to have an endorsement like this from an actual electric company and we are confident this will bring us a multitude of new customers." he added.

Keep watching this one.....

Thank you for your valued time, and tell a freind about TheCapitalReport.com and AXTG!

Click Here to Visit TheCapitalReport.com
This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. TheCapitalReport.com is a registered investment advisor. TheCapitalReport.com is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. TheCapitalReport.com accepts no liability for any losses arising from an investor's reliance on the use of this material. TheCapitalReport.com has been contracted to receive $250,000.00 by a third party (The Ad Corp.) for coverage of AXTG. TheCapitalReport.com and its affiliates or officers will buy and sell shares of common stock of AXTG, in the open market at any time without notice. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anti cipate," "believe," "intend," “ project,” and similar expressions and variations thereof are intended to identify forward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *TheCapitalReport.com does not set price targets on securities. **The price target contained in this report was obtained from independent research firm, Beacon Equity Research.