www.axis.com

Continued profitable growthJanuary- September 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,680 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

* September 30

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Today's agenda

> Financials

– Profitable growth

– Stable margins

– High currency impact

> Market & Product update

> Outlook

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Sales January – September 2008

> Total sales

– 1 474 MSEK (1 193)

– Growth 24%

– Currency effects – 73 MSEK

> Video sales

– 1 405 MSEK (1 090)

– Growth 29%

– Growth 35% (local currency)

MSEK Growth

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Operating expenses, Q1, 2007- Q3, 2008

0102030405060708090

100110120

Q1, 2007 Q2, 2007 Q3, 2007 Q4, 2007 Q1, 2008 Q2, 2008 Q3, 2008

Sales & Marketing Administration Research & Development

MSEK

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MSEK Margin

EBIT and Gross margin*

> Gross margin

– 54.8 % (54.5%)

> Operating margin

– 24.3 % (23.1%)

> Profit margin

– 24.1 % (23.0%)

*Q3 2008

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Sales in the product areas*

*Q3 2008

Print, Scan & others

Video

96% 4%

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AsiaEMEAAmericas

49% 43% 8%

Sales in the regions*

*Q3 2008

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Currency effects on total sales by region

MSEK

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Axis new product generation

> Easy implementation and management of large-scale video surveillance systems

> More cost-efficient system solutions

> Higher image quality and optimized video streams

> The new generation of Axis network video products are well received on the market.

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AXIS P3301/-V Fixed Dome Network Cameras

> Multiple H.264 streams and superior image quality

> Compact design

> Indoor environments, such as retail, banking, government buildings, schools, universities and airports.

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AXIS Q7401

> Small, compact video encoder

> Multiple H.264 streams as well as Motion JPEG

> Power over Ethernet (PoE)with power feed to camera

> Two-way audio

New generations of Video Encoders

AXIS Q7406 AXIS Q7900 AXIS Q7401

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Video surveillance as Internet service

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Axis STS

Press release, September, 30

> Axis network cameras are part of the Swedish insurance company Länsförsäkringar Älvsborg’s alarm service

> Avoid paying deductibles and to obtain a discount on their insurance premiums

> Initially offer the AXIS 207 STS network camera

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Global industry standard for the interface of network video products

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

More information onwww.onvif.org

Benefits

> Increased flexibility

> Greater freedom

> Simplified installation of network video products regardless of brand

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Successful global installations

> Press release, September,8th

– SPAR, retail chain in Austria

– 750 stores

– 10-15 AXIS 207 in each store

> Baiyun Airport, Kina (Transportation)

> City of Buffalo, US (City Surveillance)

> Keiyo, Japan (Transportation)

> Water Resources Agency, Taiwan (Gov.)

> Chinese Culture Univ., China (Education)

> Ville de Vauvert, France (City Surv.)

> Bilbao Harbour, Spain (Gov.)

> Knowsley College, UK (Education)

> Minnesota Dept.of Transportation, US

> Longmont, Colorado, US (City Surv.)

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The market situation of today

> Continued high interest of network video products

> The networkvideo market is expected to grow fast

> Smaller adjustments from IMS

> Global financial turmoil affects investments

– affects the pace of the technology shift from analog to digital technology

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What makes the difference

Focus Partner network Global reach

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Questions & Answers

Q&A