EANS-News: asknet AG / asknet publishes quarterly report: Stronger growth in ePortals and expanded portfolio of products and services

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Annual Reports

Karlsruhe (euro adhoc) - Karlsruhe, Germany, November 12, 2010 -
asknet, a leading provider of global eCommerce solutions for software
vendors, announced new contracts with two Swiss and several German
universities in its 2010 third quarter report, published today. The
ePortals business unit has contributed significantly to the growth of
the asknet Group in 2010, with gross profits of 2.1 million euros in
ePortals in the first nine months of the year - 16 percent higher
than in the same period of 2009. In the reporting period, the
eDistribution business unit profited from demand generated by the new
releases launched by two of asknet´s major clients. In addition
asknet welcomed two important new customers, software vendors Dolphin
Media AG and Seagate. The gross profits for the first three quarters
of 2010 reached 5.5 million euros, representing an 8 percent increase
compared to the same period of 2009. At the same time the asknet
Group´s net loss was reduced in the reference period, from -1.15
million euros in 2009 to -0.74 million euros in 2010.

In Switzerland the Universities of Basel and Bern chose asknet to
operate their software portals, while in Germany the ePortals
business unit expanded its client base by attracting institutions
such as the Free University of Berlin and the Universities of Rostock
and Greifswald. Following somewhat weaker growth in this segment in
2009, asknet restructured functions within the ePortals division in
the first half of 2010. asknet sees the current surge in gross
profits as a clear validation of this strategy.

In the eDistribution segment, asknet was once again able to report
the acquisition of two new accounts. Effective immediately, Dolphin
Media AG and Seagate, one of the world´s largest manufacturers of
hard drives, number among asknet's clients. With the launch of Panda
Security's new release as well as the new release of WaveLab 7 by
Steinberg Software, asknet´s existing customers also contributed to
sales growth.

Overall, this represents a continuation of a trend that could already
be seen in the first six months of the year, explained asknet CFO
Mike Konrad. "Growth is not as fast paced, but gross profits still
increased by a solid 10 percent in the first nine months of the
year," he noted. "With an eye toward sustaining growth, we used the
first six months of the year to press forward with the
internationalization of our internal sales structure. We have now
moved on to the next step of expanding our portfolio of products and
services to encompass additional business opportunities, for example
integrating more distribution channels in the online shop."

It goes without saying that the services offered for eShops are also
being developed further. For instance, end customers can now receive
support from contact partners who speak Russian and Chinese. This
represents an increase in the number of languages spoken by customer
service agents to eleven - in addition to 31 shop languages, 37
accepted currencies, and 36 regionally preferred methods of payment.

For further information on asknet, please visit www.asknet.com.

About asknet asknet offers its clients customized outsourcing
solutions for global software sales via the Internet. Founded in 1995
as a spin-off of the Karlsruhe Institute of Technology (KIT, formerly
the University of Karlsruhe), the company has become the number two
independent global provider for electronic software distribution. In
addition to its fully integrated shop solutions for software
publishers, the company develops and maintains portals for software
distribution such as softwarehouse.de, one of Europe's largest
platform for downloads of standard software. In 2009, asknet posted
sales of approximately 68.9 million euros. In 2009 the Karlsruhe
company was named in the Deloitte Touche Tohmatsu "Technology Fast
50" ranking of the fastest-growing technology firms in Germany.
asknet´s clients include numerous providers of specialty software
such as CollabNet, DivX, F-Secure, Nero, Panda Security, Steganos,
and NetObjects. The company also supplies software products to around
eighty percent of German universities. Further information is
available from www.asknet.com.

Media Contact:
Carolyn Adams
Borders+Gratehouse
phone: (415) 963-4174 ext. 4
eMail: carolyn@bordersgratehouse.com

Press Contact:
asknet AG
Ive Van Riet
Director Online Marketing
phone: +49 (0)721.96458-6381
eMail: ive.vanriet@asknet.com

end of announcement euro adhoc
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ots Originaltext: asknet AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Ive Van Riet

Director Online Marketing

Telefon: +49 (0)721.96458-6381

eMail: ive.vanriet@asknet.de

Branche: Electronic Commerce
ISIN: DE0005173306
WKN: 517330
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