Ax & Smash Records was established in 2004 as a rock subsidiary of Psychopathic Records. Its only release was Zug Izland's second album, 3:33. The following text appeared on the label's official website:

Detroit Rock City, the home to many of the greatest rock bands over the last half century, presents a new rock label for the 21st Century, Ax & Smash Records!

The launch of Ax & Smash (AXS) Records brings the music world a label designed strictly for the release of commercial rock and alternative rock albums. As a label created by fans of rock music many years ago, who are used to standing in the middle of a sweaty mosh pit to see our favorite bands, we have grown throughout the years and possess the marketing, distribution and promotional credentials that rivals all major labels.

Ax & Smash is dedicated to the fans, bringing them the best of live and recorded music from the US and worldwide, and have all the right tools to do it.

Ax & Smash Records is distributed by RED Distribution in the United States and Canada, and Proper Distribution in the UK. The first release from Ax & Smash Records will be the sophomore album from Zug Izland, 3:33, in stores June 1, 2004. The band’s first single "Saved" is currently impacting alternative radio nationwide.

Look out for more unique and amazing rock acts coming from Ax & Smash Records in the near future.