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EANS-News: asknet AG
asknet publishes annual report - 2009 successful year despite crisis

Karlsruhe (euro adhoc) -

- Group result improves by 60%
- Profitable fourth quarter
- Further advances in internationalization
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Annual Reports
Subtitle: - Group result improves by 60%
- Profitable fourth quarter
- Further advances in internationalization
Karlsruhe, April 13, 2010 - asknet AG, which
recently was ranked as one of Germany´s fastest-growing technology 
companies in Deloitte´s "Technology Fast 50" report, has published 
its annual report for 2009. To sum up: In addition to a continuous, 
quarter-to-quarter improvement in results, in the last quarter of 
2009 asknet was carried to the break-even point by the traditionally 
strong year-end upturn in business. Gross profits grew by seven 
percent in the period under review. The asknet Group pushed forward 
with its strategy of internationalization; it now generates 68 
percent of its sales volume outside Germany. muvee Technologies, 
headquartered in Singapore, and BizAgi, based in Latin America, 
numbered among the Group´s new accounts in 2009.
Michael Konrad, CFO of asknet AG, sees the 60 percent year-on-year 
improvement in the Group´s results and the increase in gross profits 
as proof of the effectiveness of the consolidation measures 
undertaken in 2008. "We were able to cut operating costs by 1.1 
million euros and boost our gross profit margins to 14 percent," he 
explains. Twenty-seven percent of 2009 gross profits came from the 
ePortals business segment, where asknet remains the unchallenged 
market leader in the field of institutions of higher education and 
research.
asknet´s main area of business is still the eDistribution segment, 
which has a strong international focus. To simplify customers´ access
to international markets, in 2009 asknet increased the number of 
eShop languages to 30 and expanded the list of accepted transaction 
currencies to 38.
Security is a key strategic issue for the field of eCommerce. In the 
fourth quarter of 2009, asknet proved its high security standard by 
achieving Payment Card Industry Level 1 certification.
"We have emerged from the crisis with our heads held high. The 
positive result in the last quarter of 2009 underscores the positive 
growth dynamic of our business," concludes Michael Scheib, CEO of 
asknet AG.
The Annual Report 2009 of asknet AG is available in German language 
as of today from the company´s website on www.asknet.de and 
www.asknet.com. The English version of the Annual Report 2009 will be
available by 30th April 2010.
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 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. In 
2009, asknet posted sales of approximately 68.9 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. asknet´s clients include numerous providers of specialty 
software such as CollabNet, DivX, F-Secure, Nero, Panda Security, 
Steganos, and NetObjects. The company also supplies software products
to around eighty percent of German universities. Further information 
is available from www.asknet.com.
Press Contacts
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
www.asknet.com
end of announcement                               euro adhoc

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

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