EANS-News: asknet AG / asknet to offer Alipay, the leading online payment solution in China

- Alipay is the most popular and extensively used eCommerce payment
solution in China
- asknet enhances eCommerce offering for the
Chinese market and provides an easier market entry to its customers

- Alipay has more than 270 million registered users and a total daily
transaction volume exceeding US$ 176 million, through more than five
million daily transactions

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Company Information

Subtitle: - Alipay is the most popular and extensively used eCommerce
payment solution in China - asknet enhances eCommerce offering for
the Chinese market and provides an easier market entry to its
customers - Alipay has more than 270 million registered users and a
total daily transaction volume exceeding US$ 176 million, through
more than five million daily transactions

Karlsruhe (euro adhoc) - Karlsruhe, February 8, 2010 - asknet AG,
recently ranked as one of Germany´s fastest-growing technology
companies in Deloitte´s "Technology Fast 50" report, announced Alipay
will now be offered as an online payment solution to its customers.

Alipay is China´s leading online payment service in terms of total
number of registered users and total transaction volume. Alipay
enables individuals and businesses to safely, conveniently and
quickly send and receive payments online. It uses an escrow system
that minimizes settlement risk in transactions and has been the key
to the rapid growth of eCommerce in China.

Established in 2004 by Alibaba Group, Alipay has become the most
popular, extensively used and trusted online payment tool in all
areas of eCommerce in China. Alipay has more than 270 million
registered users and a total daily transaction volume exceeding US$
176 million, through more than five million daily transactions.

"With Alipay, asknet expands its global eCommerce payment portfolio.
We are proud to work with China´s leading online payment service.
This cooperation will greatly ease our customers´ entry into the
Chinese digital product market and provide additional value to our
existing offering to sell online in China", says Michael Konrad, CFO
of asknet.

"Alipay is continually focused on providing the most secure and
convenient payment services to our users," says Polo Shao, president
of Alipay. "We are excited to work with asknet to offer
state-of-the-art payment solutions to customers in their online
transactions."

With Alipay and its partnerships with leading national and regional
banks across China, asknet´s software publishers can offer Chinese
end customers their preferred payment option when buying
internationally renowned software online.

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 University of Karlsruhe, one of Germany´s most
prestigious technical universities, 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 2008, asknet had
sales of approximately 74.7 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. Among
its clients are well-known providers of specialty software such as
CollabNet, DivX, F-Secure, Nero, Panda Security, Steganos, and
NetObjects. asknet supplies software products to around eighty
percent of German universities. More information about asknet is
available at www.asknet.com.

About Alipay Alipay is China's leading online payment solution,
enabling individuals and businesses to execute payments online in an
easy, safe and secure manner. Alipay had a registered user base of
over 270 million as of 31 December 2009. Alipay partners with banks
to provide an escrow service for payments, which reduces the
settlement risks faced by Alipay's customers in their e-Commerce
transactions. Alibaba Group founded Alipay, headquartered in
Hangzhou, China, in 2004.

Contact Partner
asknet AG
Kirsten Neininger
phone: +49 (0)721.96458-6399
eMail: kirsten.neininger@asknet.com

asknet, Inc.
Bernard Haug
Phone: +1 (415) 352-2622
eMail: bernard.haug@asknet.com

Alipay
Justine Chao
Phone: + 852 6272 6188
eMail: justinechao@hk.alibaba-inc.com

www.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:

Kirsten Neininger

Corporate Marketing Manager

Telefon: +49 (0) 721 96 458 6399

e-mail: kirsten.neininger@asknet.de

Branche: Electronic Commerce
ISIN: DE0005173306
WKN: 517330
Börsen: Frankfurt / free trade/entry standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade