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asknet AG

asknet publishes figures for the 2007 business year

Karlsruhe (euro adhoc) -

- Sales revenue of EUR 64.9 million (+55%)
- Service revenue up 42% to EUR 8.8 million  
- Operating results (EBIT) improved but still negative
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/annual figures
31 March 2008 - asknet AG, one of the
leading providers of outsourcing solutions for global software 
distribution via the Internet (Electronic Software Distribution - 
ESD), has published its figures for the 2007 business year.
The asknet Group generated EUR 64.9 million in sales revenue in the 
2007 business year, which represents an increase of approx. 55% 
compared to the same period of the previous year. The Group´s service
revenue increased by 42% to EUR 8.8 million, from EUR 6.2 million in 
2006. The service revenue margin for the Group was 14%. The asknet 
Group thus continued its successful growth course in 2007 and 
achieved its scaling objectives. The marked increase in both sales 
and service revenues results from the positive development of 
business with major existing US and European customers, as well as to
the widening of the customer base in the eDistribution network 
segment. Operating results (EBIT) stood at EUR -3.0 million compared 
to EUR -4.0 million for the same period of the previous year. After 
interest and tax, the company showed a net loss of EUR 2.7 million 
for the year at the Group level, which represents a significant 
reduction of the the previous year´s loss of EUR 5.8 million.
In the 2007 business year, asknet processed a total of approx. 
1,270,000 online transactions, a plus of 565,000 or 80%. The major 
part of this increase was generated by the eDistribution network 
segment, where asknet designs and operates online shops mostly for 
software manufacturers. In terms of sales achieved, Germany continues
to be the most important market, although the growing share of sales 
generated with end customers abroad in 2007 reflects the increasingly
international orientation of the Group. Doubling sales in the North 
American market from EUR 7.9 million to EUR 16.2 million once again 
significantly increased the proportion of sales achieved in the US 
market from 19% to 25%. This development results from the Group´s 
vigorous drive for internationalisation over the past few years, in 
particular from enhancing its presence in the US office in San 
Francisco and the related marked increase in sales activities in the 
North American market.
All in all, the asknet Group sees itself in an excellent position in 
the highly attractive market for  electronic software distribution, 
primarily because of its flexible technology platform and its 
worldwide presence. For 2008, the management also expects sales 
revenue to grow by at least 40%, as well as a marked increase in the 
service revenue. Results are expected to again significantly improve 
compared to the previous year.
The consolidated financial statements as well as the annual financial
statements of asknet AG are available as of today from the company´s 
website on www.asknet.de. The publication of the annual report for 
2007 is scheduled for late April 2008.
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.
end of announcement                               euro adhoc

Further inquiry note:

asknet AG
Daniela Simon
Phone: +49/721/96458-6112
E-mail: daniela.simon@asknet.de

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

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