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04.08.2011 – 11:49

asknet AG

EANS-News: asknet AG
Tax authorities approve suspension of execution of notification of interest charges

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information

Karlsruhe (euro adhoc) - August 4, 2011 - asknet AG, a leading supplier of
global eCommerce solutions for software and digital media companies, published
information about the tax authorities issuing a notice of interest charges in
its press release from July 20, 2011 and in accordance with a judgment of the
European Court applied for a suspension of execution on July 22, 2011. 

The responsible tax authorities approved this application in a letter dated July
27, 2011. Tax authorities usually only approve a suspension of execution when
there are serious doubts about the lawfulness of a notice.

No interest payments will be due until further notice on account of the
suspension of execution, and no additional interest will be incurred during the
period of suspension.

The Federal Fiscal Court (Bundesfinanzhof) is already revising a case similar in
nature to that of asknet AG.

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
such as softwarehouse.de, one of Europe's largest platform for downloads of
standard software. In 2010, asknet posted sales of approximately 72.7 million
euros. asknet´s clients include numerous providers of specialty software such as
F-Secure, IS3, Nero, NetObjects, Norman, and Panda Security. The company also
supplies software products to around eighty percent of German universities.

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

end of announcement                               euro adhoc 

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
stockmarkets: free trade: Berlin, Stuttgart, Düsseldorf, München, Open Market /
             Entry Standard: Frankfurt 
language:   English

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