EANS-News: asknet AG / asknet Unveils New Online Service to Validate Eligibility for Student Pricing

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Company Information/New Products

Subtitle: asknet Verify solves online retailers need to quickly
authenticate student status before closing the sale

Karlsruhe (euro adhoc) - November 8, 2012 - asknet, a leading
provider of eCommerce solutions for software publishers, today
announced that online retailers can now check a student's eligibility
for academic discounts using its on-demand service, asknet Verify.
The service, which can be connected to existing online shops via a
standard interface, will help expedite sales for products including
software, computers, insurance, mobile phone contracts, or tickets
for local and long distance travel. The authentication service will
be available at the start of 2013.

Many companies offer products to students at discounted rates. But
unlike brick and mortar storefronts, it is not a simple process for
Internet retailers to examine documentation to authorize student
discounts. asknet's Verify solution addresses this issue by offering
an online verification platform for the online retailer.

Verify offers two verification methods for retailers. Real-time
verification is available using a student's digital identity. When
this is not an option, asknet's Verify can complete the query
validating an uploaded student ID manually.

The quick verification process works with all types of ID formats and
will be available in more than 10 languages to serve the most
important markets in Europe, the USA and Asia. With its unique
combination of digital and non-digital verification methods, asknet's
Verify enables a nearly 100%-verification rate. For more information
about asknet and Verify, visit www.asknet.com/verify

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 and supplies software products to around eighty percent
of German universities. In 2011, asknet posted sales of approximately
EUR 65.4 million. asknet's clients include numerous providers of
specialty software including CyberLink, F-Secure, IS3, Nero,
NetObjects, Norman, and Panda Security.

Further inquiry note:
Martina Oerther
Vice President 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, München, Düsseldorf, Stuttgart, Open Market /
Entry Standard: Frankfurt
language: English