Axis Technologies Group Inc (AXTG)

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LINCOLN, Neb., Nov 22, 2006 (BUSINESS WIRE) -- Axis Technologies Group, Inc. (Pink Sheets:AXTG) announced that over 1000 Axis Dimming/Daylight Harvesting (DDH) ballasts are currently being installed in the newly renovated Zorinsky Federal Building in Omaha, NE. This building will house the Army Corp of Engineers, the Secret Service, and other federal agencies upon completion.

A previous evaluation was conducted to determine the economic and environmental costs and benefits that would result if this 12-story, 415,000 square foot facility converted its current lighting system to a more energy-efficient system (i.e. joined the EPA's Green Lights Program). Lighting accounts for 20-25 percent of all electricity sold in the United States. Costs considered in the study included the cost of retrofitting the building's existing lighting system and the cost of disposal of the current lamps and ballast fixtures. Benefits included a reduction of electric utility costs and a reduction of emissions of SO2, NOX, CO2, and CO from electric utility power plants. Environmental and health issues for air pollutant emissions were also addressed.

The results showed that significant reductions in utility bills as well as reductions in air emissions would result from a major building converting to a more energy efficient lighting system. The results showed that conversion of this large building would reduce SO2 emissions by 14.6 tons/yr and NOX emissions by 6.3 tons/yr. In addition, the conversion would reduce annual energy costs by approximately $114,000.

"We are very proud that Axis products have been included in a landmark renovation such as this one" said Axis CEO Kip Hirschbach. "Our products are being used extensively in projects such as these where Federal and state agencies strive to achieve new green energy standards."

For further information on Axis Technologies, Inc., visit www.axistechnologyinc.com.