asknet AG

EANS-News: asknet AG
asknet publishes business figures for Q1 2011

*** Sales amount to 18.0 million euros (+11 percent) *** Gross profits rise by 11 percent to 2.8 million euros *** Both business segments develop positively

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Company Information/quarterly report

Subtitle: *** Sales amount to 18.0 million euros (+11 percent) *** Gross profits rise by 11 percent to 2.8 million euros *** Both business segments develop positively

Karlsruhe, San Francisco (euro adhoc) - May 19, 2011 - asknet AG, a leading supplier of global eCommerce solutions for software and digital media companies, has announced its business figures for the first quarter of 2011. In the first three months of 2011, the Group generated sales of 18.0 million euros, around 11 percent up on the previous year´s figure. Gross profits, which represent the growth of the Group, also went up by 11 percent to 2.8 million euros compared to the first quarter of 2010, of which 2.0 million euros came from the eDistribution segment and 0.8 million euros from ePortals. asknet Group´s operating result (EBIT) was -0.26 million, a slight improvement on the previous year´s quarter despite one-off fees for strategic consultancy services of 75 thousand euros. Earnings before taxes (EBT) came to -0.24 million euros. After interest and taxes, asknet made a quarterly loss of 0.25 million euros.

Both company segments developed positively in the first three months. The ePortals segment managed to gain the hospital of the University of Munich, Ostfalia University of Applied Sciences and the student services organization Studentenwerk Karlsruhe as new customers of its academic software portals. In the eDistribution segment, Congree Language Technologies GmbH, Karlsbad, a specialist for authoring assistance software, was a new addition to asknet´s customer base, and Boleto Bancário, another payment option for Brazil, was added to the global eCommerce portfolio. Apart from China, India and Russia, Brazil is one of the strongest growing and most promising markets, and asknet is keeping a keen eye on it.

"Our company is well on the way to growth," explained Michael Scheib, CEO of asknet AG. "We are driving the expansion of our product portfolio and customer base so that we will be able to maintain this position in the future." asknet´s intelligent solutions such as the integration of resellers in software publishers´ eCommerce channels or the marketing and billing of new business models like Cloud Services and subscriptions enable customers to react quickly to new market trends and increase sales in the long run.

The quarterly report 1/2011 (german version only) of asknet AG is available as from today on the company website at 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 eShops in over 170 countries. The company is based in Germany and has headquarters in San Francisco and Tokyo. For more information about asknet, visit www.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 

Contact:

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

Branche: Electronic Commerce
ISIN: DE0005173306
WKN: 517330
Börsen: Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade
Frankfurt / Open Market / Entry Standard


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