CybeRelease: TheCapitalReport.com Highlights (OTC: AXTG)

(CybeRelease, November 14, 2006) - TheCapitalReport.com initiates coverage on Axis Technologies Group, Inc. (OTC: AXTG). Axis Technologies markets energy-saving daylight dimming/daylight harvesting ballasts for the commercial light sector. Axis has spent well over four years developing their energy-saving products and has dubbed the Company as “The Future of Fluorescent Lighting.” The Axis ballast allows for the capability of reducing energy costs for lighting by up to 70%.

TheCapitalReport.com added AXTG to its “Stocks to Watch” on Monday, November 13th after learning of the Company’s proprietary patented technology, and the enormous potential for its current practical application.

TheCapitalReport.com added AXTG to its “Stocks to Watch” at a price of $0.66 early Monday. AXTG closed the day at a price of $1.05 on 4,393,236 shares traded.

Please visit http://www.TheCapitalReport.com for an AXTG profile and to be first to learn of other “Stocks to Watch.”

TheCapitalReport.com is an online financial destination where money managers, analysts, and individual investors can converge to discover new and exciting investment news, opportunities, and ideas. TheCapitalReport.com is focused on finding emerging growth companies that do not necessarily have widespread analyst coverage on Wall Street.

CybeRelease Gainers are China Automotive Systems, Inc. (Nasdaq: CAAS), Euro Tech Holdings Company Limited (Nasdaq: CLWT), China Technology Deveopment Group Corporation (Nasdaq: CTDC), Chindex International, Inc. (Nasdaq: CHDX), China Natural Resources, Inc. (Nasdaq: CHNR), Micrus Endovascular Corporation (Nasdaq: MEND), Tarragon Corporation (Nasdaq: TARR), and Tegal Corporation (Nasdaq: TGAL).

CybeRelease Decliners are Telewest Global Inc. (Nasdaq: NTLI), Wave Systems Corp. (Nasdaq: WAVX), Varsity Group Inc. (Nasdaq: VSTY), Microsemi Corporation (Nasdaq: MSCC), Analogic Corporation (Nasdaq: ALOG), Favrille, Inc. (Nasdaq: FVRL), Ramtron International Corporation (Nasdaq: RMTR) and Targeted Genetics Corporation (Nasdaq: TGEN).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $995.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.

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