www.axis.com

Continued successful expansionJanuary- June 2008

Ray Mauritsson, CEO & President

Fredrik Sjöstrand, CFO

www.axis.com

This is Axis

> Founded in 1984

> IT company driving the network video market

> Worldwide presence in more than 20 countries,644 employees*

> Product areas:

– Network Video Solutions

– Network Print Servers

> Global partnerships through distributors, resellers and system integrators

> Listed on OMX Nordic Exchange, Stockholm under the ticker AXIS

* June, 30

www.axis.com

Today's agenda

> Financials

– Growth in Video

– Currency effects

– Stable margins

> Market & Product update

> Outlook

www.axis.com

Sales January – June 2008

> Total sales

– 931MSEK (748)

– Growth 24 %

– Currency effects – 50 MSEK

> Video sales

– 882 MSEK (677)

– Growth 31 %

– Growth 37 % (local currency)

MSEK Growth

www.axis.com

Operating expenses, Q1, 2007- Q2, 2008

MSEK

www.axis.com

MSEK Margin

EBIT and Gross margin*

> Gross margin

– 56.2 % (56.3%)

> Operating margin

– 18.6 % (23.1%)

> Profit margin

– 18.5 % (23.0%)

*Q2 2008

www.axis.com

Sales in the product areas*

*Q2 2008

Print, Scan & others

Video

96% 4%

www.axis.com

AsiaEMEAAmericas

43% 50% 7%

Sales in the regions*

*Q2 2008

www.axis.com

Currency effects on total sales by region

MSEK

www.axis.com

Global distribution and sales

Resellers

Distributors

System integrators

End users

www.axis.com

Channel Partner Program

> More than 21,000 Channel Partners

> More than 550 ADP-partners in 44 countries

> More than 9 000 partners trained by Axis since the start 2005

> More than 2 200 partners attended the training the first half of 2008

www.axis.com

Worldwide presence – close to the customers

> 21 offices worldwide, sales in more than 70 countries

> New sales offices; Russia (Moscow), China (Beijing) and Brazil (Sao Paulo)

www.axis.com

AXIS 223MAXIS 221AXIS 225FDAXIS 216MFD/216MFD-VAXIS 211MAXIS P3301/-VAXIS 216FD/216FD-VAXIS 211/211A/211WAXIS P1311AXIS 210/210AAXIS M3011AXIS 209FD-R/209MFD-RAXIS 209FD/209MFDAXIS 207/207W/207MWAXIS 206

Accessories

Video encoders & decoders

AXIS Q7406AXIS 243QAXIS 241QAAXIS 241QAXIS 240Q AXIS Q7401AXIS 243SAAXIS 241SAXIS 247S

AXIS Q7900AXIS 3U RackAXIS 291 1U Rack

AXIS 292

PTZ cameras & domes

AXIS 233DAXIS 232D+AXIS 231D+AXIS 214 PTZAXIS 213 PTZAXIS 215 PTZAXIS 212 PTZ/PTZ-V

Fixed cameras & domes

The market’s broadest video portfolio

Video Management Software

AXIS Camera Station 3.0AXIS Camera Management

ADP > 500 Partners

Video RecorderAXIS 262+ NVR

www.axis.com

New generation network video products

AXIS M3011

> AXIS P3301

> AXIS P3301-V

> AXIS M3011

> AXIS M3014

> AXIS P1311

> AXIS Q7401

> AXIS Q7406

> AXIS Q7900

> AXIS Camera Station 3.0

AXIS Q7401

www.axis.com

Industry standard for the interface of network video products

A global open standard for the interface of network video products

Supporting the shift from analog to digital video surveillance in the security market

An open forum will be established

Benefits

> Increased flexibility

> Greater freedom

> Simplified installation of network video products regardless of brand

www.axis.com

Successful global installations

> City Surveillance, China

> Finance, Middle East

> Retail stores, US, Germany & South Africa

> Transportations, US & Russia

> Health Care, US

> Education, US

> Industrial, China & Japan

> Transportation, Norway

> Hospital, Czech

www.axis.com

Future outlook, Axis goals

> Focused product range

– Aggressive product development

– Intelligent solutions

> Focused business model

– Loyalty in channel partnerships

> Focused company

Market leadershipProfessional network video

www.axis.com

Questions & Answers

Q&A