EANS-News: asknet AG / Tax authorities approve suspension of execution of notification of interest charges

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Company Information

Karlsruhe (euro adhoc) - August 4, 2011 - asknet AG, a leading
supplier of global eCommerce solutions for software and digital media
companies, published information about the tax authorities issuing a
notice of interest charges in its press release from July 20, 2011
and in accordance with a judgment of the European Court applied for a
suspension of execution on July 22, 2011.

The responsible tax authorities approved this application in a letter
dated July 27, 2011. Tax authorities usually only approve a
suspension of execution when there are serious doubts about the
lawfulness of a notice.

No interest payments will be due until further notice on account of
the suspension of execution, and no additional interest will be
incurred during the period of suspension.

The Federal Fiscal Court (Bundesfinanzhof) is already revising a case
similar in nature to that of asknet AG.

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 a leading
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 2010, asknet posted
sales of approximately 72.7 million euros. asknet´s clients include
numerous providers of specialty software such as F-Secure, IS3, Nero,
NetObjects, Norman, and Panda Security. The company also supplies
software products to around eighty percent of German universities.

Further inquiry note:
Martina Oerther
Director Corporate Marketing
Tel.: +49 (0)721 96 458-6369
Email: martina.oerther@asknet.com

end of announcement euro adhoc
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company: asknet AG
Vincenz-Priessnitz-Str. 3
D-76131 Karlsruhe
phone: +49 (0)721 96 458 6369
FAX: +49 (0)721-96 45899
mail: info@asknet.de
WWW: http://www.asknet.de
sector: Electronic Commerce
ISIN: DE0005173306
indexes:
stockmarkets: free trade: Berlin, Stuttgart, Düsseldorf, München, Open Market /
Entry Standard: Frankfurt
language: English