asknet AG

EANS-News: asknet AG
asknet publishes half-year report: Second quarter of 2010 marked by accelerated growth

+++ New international clients +++ Expansion of ePortals division +++ Results improve by 33% in first half of 2010 compared to same period of last year +++

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Annual Reports

Subtitle: +++ New international clients +++ Expansion of ePortals division +++ Results improve by 33% in first half of 2010 compared to same period of last year +++

Karlsruhe (euro adhoc) - Karlsruhe, Germany, August 9, 2010 - asknet, a leading provider of global eCommerce solutions for software vendors, today published its half-year report in which it declared that the company will continue to pursue the strategic goal of internationalization in 2010. To this end, asknet restructured its sales organization in the first six months of 2010, improving the company's ability to respond to regional requirements in the future. In addition, asknet is strengthening its position in the American market. This strategy has already reaped its first successes, with asknet announcing the acquisition of two new international eDistribution clients as well as the expansion of ePortals, academic software portals, to Switzerland.

The asknet Group reported sales of EUR 34.2 million in the first half of 2010. The positive growth dynamic is demonstrated by the company's gross profits, which were 16 percent higher in the most recent quarter than in the second quarter of 2009. This brought an increase in gross profits from EUR 4.5 million in the first half of 2009 to EUR 5.0 million in the first half of 2010. The company posted results of EUR -591,000 in the first half of this year, a 33 percent improvement compared to the reference period.

As Michael Scheib, CEO of asknet AG, confirms, the new accounts show the effectiveness of asknet's international approach. "Both of our new clients selected us over American and European competitors on the basis of our pitch." says Scheib. "For us this is a very clear signal that asknet is competitive on a global level."

For further information on asknet, please visit http://www.asknet.com/.

About asknet asknet is a leading provider of global eCommerce solutions that increase sales and expand markets for software and digital media companies. asknet solutions enable publishers to expand their international reach while maintaining localized services to customers in the US, Europe, Asia and new emerging markets. The asknet Digital Index (ADI), Vendor Interaction Process (VIP), and Shop Cockpit provide quick and easy solutions tailored to meet each customer´s needs and enable flawless execution across the full range of eCommerce services, from order management and local payment options to multi-lingual customer service. Founded in 1995, asknet today offers localized e-shops in over 170 countries. The company is based in Germany and has headquarters in San Francisco and Tokyo.

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

Press Contact: asknet AG Katja Speck phone: +49 (0)721.96458-6369 eMail: katja.speck@asknet.com

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ots Originaltext: asknet AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
asknet AG
Katja Speck
phone: +49 (0)721.96458-6369
eMail: katja.speck@asknet.com

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



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