1. www.axis.com Focus on expansion of product portfolio and recruitment January- March 2008 Ray Mauritsson, CEO & President Fredrik Sjöstrand, CFO

2. www.axis.com This is Axis >Founded in 1984 >IT company driving the network video market >Worldwide presence in 18 countries, 600 employees* >Product areas: –Network Video Solutions –Network Print Servers >Global partnerships through distributors, resellers and system integrators >Listed on OMX Nordic Exchange, Stockholm Large Cap and Information Technology * March, 31.

3. www.axis.com Today's agenda >Financials >Market & Product update >Outlook

4. www.axis.com Sales January – March 2008 >Total sales –438 MSEK (338) –Growth 29% –Currency effects - 16 MSEK >Video sales –409 MSEK (309) –Growth 32% MSEK Growth

5. www.axis.com Operating expenses, Q1, 2007- Q1, 2008 MSEK

6. www.axis.com MSEK Margin EBIT and Gross margin* >Gross margin –55,4% (55,1%) >Operating margin –15,7% (19,7%) >Profit margin –15,6% (19,6%) *Q1 2008

7. www.axis.com OtherPrint & ScanVideo 93 % 6%6% 1%1% Sales in the product areas* *Q1 2008

8. www.axis.com AsiaEMEAAmericas 40 % 50 % 10 % Sales in the regions* *Q1 2008

9. www.axis.com Currency effects on total growth, percent

10. www.axis.com Global distribution and sales Resellers Distributors System integrators End users

11. www.axis.com A new world of video surveillance >AXIS P3301 >AXIS Q7401 >AXIS Q7406 >AXIS Q7900 >ACS 3.0

12. www.axis.com ARTPEC-3

13. www.axis.com Emerging market trends MegapixelCompression Intelligence

14. www.axis.com H.264 compression (example savings) Motion JPEG Bandwidth & storage consumption MPEG-4 Part 2 Bandwidth & storage consu mption H.264 Bandwidth & storage consumption 80% 50% H.264 – the ultimate video compression

15. www.axis.com 3x the performance (60 Mpixel/sec) Mpixel/sec

16. www.axis.com Accessories Video encoders AXIS 243Q AXIS 243SA AXIS 241QA AXIS 241Q AXIS 241S AXIS 247S AXIS 240Q AXIS 291 1U Rack AXIS 3U Rack Domes & PTZ AXIS 233D AXIS 232D+ AXIS 231D+ AXIS 214 PTZ AXIS 213 PTZ AXIS 215 PTZ AXIS 212 PTZ/PTZ-V Fixed cameras AXIS 223M AXIS 221 AXIS 225FD AXIS 216MFD/216MFD-V AXIS 211M AXIS 216FD/216FD-V AXIS 211W AXIS 211/211A/ AXIS 210/210A AXIS 209FD-R AXIS 209FD/209MFD AXIS 207MW AXIS 207/207W AXIS 206 The market’s broadest video portfolio Software AXIS Camera Station AXIS Camera Management ADP > 500 Partners Video Recorder AXIS 262+ NVR

17. www.axis.com 2006 RankSupplier2006 Share 1Axis Communications32.0% 2Sony 3Panasonic (PCC) 4Mobotix 5D-Link 6Panasonic (PSS) 7Canon 8Vivotek 9DVTEL 10Toshiba O Others Market shares for network cameras in 2006 Source: IMS Research

18. www.axis.com Customer segments >Retail store, US >Airport, Hong Kong >Schools in Midwest, US >Retail stores, Ireland >Industrial, China >Cruise line, US >Gas station, Japan >Hospitals, US >Government, US >Finance house, Kuwait >Trains, Norway

19. www.axis.com Network Video Surveillance – worldwide Source : IMS Research +42% +33% +38% +40% Revenue in $M

20. 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 leadership Professional network video

21. www.axis.com Questions & Answers Q&A