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asknet AG

asknet AG: Panda Security and Lexware opt for shop solution from asknet AG

Karlsruhe (euro adhoc) -

- asknet AG to start operating Phantom Drive Gold Shop of H+H 
Software GmbH 
 - Outlook for the 2008 financial year
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
4 July 2008 - With the conclusion of an
agreement with Panda Security, asknet AG succeeded in enlisting a 
leading provider of anti-malware solutions. PANDA supplies one of the
most popular anti-virus software packages for private and business 
customers with more than 2.5 million customers worldwide. By entering
the partnership with asknet, PANDA aims at further stepping up its 
online business. "Both its technological competence and its worldwide
network of partners convinced us of the capability of asknet AG," 
says Juan Santana, CEO of Panda Security.
As from now, the German company Lexware GmbH & CO. KG offers part of 
its product range as digital downloads via the asknet shop solution. 
"Up to now, our software has been marketed purely in the form of 
boxed products. For our venture into the electronic software market, 
we chose a competent and experienced partner in asknet," says Markus 
Griesbaum, senior project manager with Haufe.
H+H Software GmbH again opted for an online shop operated by asknet 
for marketing its new product Phantom Drive. H+H Software GmbH, which
supplies what is probably the best known and most successful CD 
emulator called Virtual CD, presents the Phantom Drive, the world´s 
first virtual HD writer. Starting now, the product will be available 
for download in the regions of North America, Europe, Middle East and
Africa via the Phantom Drive Gold Shop operated by asknet AG. "Past 
positive experience with asknet AG in marketing our `Virtual CD´ 
product persuaded us to extend our partnership with asknet to include
a second online shop," says Alexander Vierschrodt, Product Manager 
with H+H Software GmbH.
The cooperation with PANDA confirms the dynamic growth of the asknet 
Group particularly as regards further development in 2009. For 2008, 
the pronounced economic slow-down in the US and the constrictive 
revaluation of the euro against the dollar negatively impact the 
development of earnings in the asknet Group. Major acquisition 
projects in the first half of the year were delayed. Overall, 
therefore, the company expects growth in 2008 to be weaker than in 
the previous year.
Optimization measures on the structural cost side have already been 
implemented in order to adjust the use of resources to the 
temporarily lower growth. This causes one-off costs of app. EUR 
250,000 in 2008. In 2009 the measures will lead to cost savings of 
app. EUR 500,000. "The asknet Group operates in a market and 
competitive environment where above-average growth rates can be 
achieved. Combined with the moderate cost side measures, the 
scalability of the business model will again be confirmed in future,"
says Gerald Prior, CEO of asknet AG.
About asknet: asknet AG, (Frankfurt A5A) leading in Global eCommerce,
accelerates eSales for publishers in the digital marketplace. Since 
1995, the company has developed a robust eCommerce platform for 
customers around the world. As media is rapidly transitioning to 
digital formats, the marketing, sales, distribution, and services of 
these products are also moving online. The ever expanding reach from 
fixed and mobile customers all around the globe is pushing companies 
to perfect their eDistribution. asknet delivers an instant online 
distribution channel to its customers. For further information please
visit: www.asknet.com.
About Panda Security: Panda Security is one of the world´s leading IT
security providers, with millions of clients around the world and 
products available in more than twenty languages. Their mission is to
keep their customers´ information and IT assets safe from security 
threats, giving them the most effective protection with the minimum 
resource consumption. Currently, thousands of malicious codes are 
created every day. To combat this threat, Panda Security has 
developed a unique, innovative security model that allows thousands 
of new samples to be automatically analyzed and classified every day.
This model, called Collective Intelligence, allows Panda Security 
solutions to provide protection against many more threats than other 
security companies. Check out the exceptional detection power of 
their Collective Intelligence on the Infected or Not website 
(http://www.infectedornot.com).
About Lexware: Lexware GmbH & Co. KG is a market leader in commercial
software for self-employed professionals and for small to 
medium-sized enterprises. The solutions cover private financial 
management, accounting, taxes, travel expenses, personnel, billing, 
cash management, Web shops, and payroll calculation. Lexware has been
member of the Haufe Media Group since 1993, and the technical 
know-how of the Lexware developers in combination with the competence
of the Haufe Media Group complement each other ideally. The 
cooperation with the experts of Haufe Media Group, who look back on a
tradition of fifty years of expertise in the fields of economics, 
law, and taxes, is unique in the software industry. For further 
information please visit: www.lexware.com.
About H+H Software: H+H Software GmbH, founded in 1989, is located in
Goettingen, Germany. Core competencies include development and 
marketing of solutions for management of applications, licenses and 
networks. H+H is one of just 350 Microsoft Gold Certified Partners in
Germany. Customers served by H+H come from industry, small and 
medium-sized businesses, universities, public institutions, libraries
and schools. The single-user version of Virtual CD is also very 
popular among private users. Products from H+H include H+H NetMan, 
Virtual CD, ProGuard and Hidden Automatic Navigator (HAN). In 
addition, H+H offers NetMan for Schools, a NetMan edition optimized 
for use in schools. For further information please visit: 
www.hh-software.com.
end of announcement                               euro adhoc

Further inquiry note:

asknet AG
Daniela Simon
Vincenz-Priessnitz-Str. 3
76131 Karlsruhe
Germany
Tel: +49 721 96458 6112
E-mail: daniela.simon@asknet.com

asknet, Inc.
Jaywant Singh Rao
Vice President Sales & Business Development
235 Montgomery Street, Suite 1025
San Francisco CA 94104
Tel: +1.415.602.3380
E-mail: jaywant.rao@asknet.com

Branche: Electronic Commerce
ISIN: DE0005173306
WKN: 517330
Börsen: Börse Frankfurt / free trade/entry standard

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