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asknet AG

asknet publishes Annual Report 2007

Karlsruhe (euro adhoc) -

- 55% increase in sales revenues confirms sound growth trend
- Strong US business drives internationalisation
- Loss for the year significantly reduced
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/Annual Report 2007
23 April 2008 - asknet AG, a leading
provider of outsourcing solutions for global software distribution 
via the Internet (Electronic Software Distribution - ESD), today 
published its annual report for 2007.
The company, which is listed in the Entry Standard, completed its 
first full financial year at the stock exchange with significant 
increases both in sales and service revenues, thereby exceeding its 
growth targets. Sales revenues of the asknet Group improved by 55%, 
reaching EUR 64.9 million, the Group´s service revenues showed a 42% 
increase to EUR 8.8 million. The strongest growth impulses again came
from the eDistribution network segment, particularly from outsourcing
solutions for software designers and providers. After having 
generated more sales from the outsourcing business than from the 
resale of software products via its own portals for the first time in
2006 already, the company´s business in online-shop solutions for 
international software providers again showed significant growth in 
2007, increasing by 79% to EUR 44.4 million.
The Group`s vigorous drive for internationalisation also showed 
significant progress during the period under review. For the first 
time, sales revenues generated abroad were higher than those in 
Germany. The US business volume alone more than doubled in 2007, 
reaching EUR 16.2 million and thus accounting for more than a quarter
of total sales revenues for the year. At the same time, the Group´s 
customer base was significantly expanded both in terms of number and 
size of customer companies. Next to large customers like Nero and 
Ipswitch, the company acquired a considerable number of medium-sized 
software providers as business partners whose products hold 
attractive growth potential.
As planned, the company succeeded in significantly reducing both its 
operating result (EBIT) and net result in the 2007 financial year. 
EBIT improved to EUR -3.0 million (previous year: EUR -4.0 million), 
the net loss for the year dropped from EUR 5.8 million in the 
previous year to EUR 2.7 million in 2007. The improvement in 
productivity was due to the positive effects generated by the high 
degree of scalability of the asknet platform technology.
"In 2007 we made significant progress in the internationalisation of 
our business, the expansion of our customer base and the 
consolidation of our position as a technology leader in eDistribution
solutions," says Gerald Prior, CEO of asknet AG, and continues, "In 
view of the number of new customer contracts announced recently, we 
feel fully confident that we will achieve the increase in sales 
revenues forecasted for 2008 as well as further significant 
improvements in service revenues and results."
The Annual Report 2007 of asknet AG is available in German language 
as of today from the company´s website on www.asknet.de. The English 
version of the Annual Report 2007 will be available by 30th 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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