YES, IF the Axe II person exports the TM and an IR, and that IR is then converted to Axe Gen 1 format (where it would be loaded in a Cab Block). You'd also need the details of the amp being matched, general type and control settings etc.
I've asked the Axe II TM section to provide a TM IR for testing this, but only recieved one reply which was an Acoustic IR.
Try to get the Axe II folks to provide us some TM IR's...