1. M A K E Y O U R N E T W O R K S M A R T E R Strong trend for Network Video continues January - March 2006 Ray Mauritsson, CEO

2. Today`s Agenda  This is Axis  Highlights Q1-2006  World wide organization  The value chain  Questions & Answers

3. Axis’ two main product areas Network Video Solutions  Worldwide #1 position  Axis’ largest product area, 85% of sales *  Installed base of more than 700,000 units Network Print Servers  Worldwide #2 position  11% of Axis’ sales *  Installed base of more than 3,000,000 units *Q1 2006

4. Highlights January-March  Total growth + 47 %  Continued growth within Video + 69 %  Accelerating network video market  Big retail installations

5. Highlights Q1, 2006  Net sales 257 (175)  Operating profit 38 (14)  Profit before tax 38 (14)  Profit after tax 27 (12) Other Video

6. EBIT by quarter Q1-2006:  Gross margin: 53,8 % (52,4 %)  Operating margin: 14,8 % (8,0 %)  Profit margin: 14,7 % (7,9 %) Note: 2004 figures IFRS adjusted

7. Sales Q1, 2006 Print 11 % Video 85 % Other 2 % Americas 42 % EMEA 45 % Asia 13 % Scan 2 % *Q1 2006

8. World wide organization Sweden HQ Singapore Benelux France Nordics, EE & Russia UK China Australia Korea Taiwan San Diego Canada South America Boston Spain & Portugal Germany Italy Middle East & Africa Japan

9. Shipping & invoicing Logistic Centre Lund/Asia Manufacturing Asia/Europe Scalable production Component purchasing Forecasts Orders

10. Global distribution and sales Axis Resellers System integrators End user Distributors

11. Application Development Partners  Assist partners to fully integrate Axis network products into end user solutions  Increased numbers of partners  300 partners within the program

12. Customer segments Retail Bank Transportation Government Education Industrial

13. Customer case – Retail, USA  1,000 AXIS network cameras – as a first step  Major US national retailer  9,000 additional cameras expected for coming years.

14. Customer case - Transportation, Stockholm  300 network cameras as a first step  AXIS 225FD  2,000 cameras will be installed

15. Market leadership Professional Network Video Future outlook, Axis´ goals Focused product range Aggressive product development Intelligent solutions Focused business model Channel partnerships Focused employees and focused company

16. Questions & Answers