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asknet AG

EANS-News: Executive duo will continue to build on asknet's success in this fiscal year

Karlsruhe (euro adhoc) -

Gerald Prior, CEO, to leave the company on July 31, 2009.
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
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Karlsruhe, July 23, 2009 - asknet AG, a
leading provider of outsourcing solutions for the global electronic 
software distribution (ESD) industry, has announced the resignation 
of CEO Gerald Prior. No agreement was reached on extending Mr. 
Prior´s employment and management contract, which was due to expire 
at the end of 2009. The Supervisory Board and Mr. Prior subsequently 
came to a mutual understanding that releases him from his contract 
effective July 31, 2009.
The Supervisory Board thanks Mr. Prior for his contribution to the 
growth and success of asknet AG. "Under Gerald Prior, asknet further 
improved its international position and attracted strategically 
important large customers," noted Dr. Joachim Bernecker, Chairman of 
the Supervisory Board. "The experienced and well-established 
executive duo of Michael Konrad and Dr. Dietmar Waudig will continue 
to lead the company along the path of improved performance to arrive 
at long-term profitability."
Mr. Prior's executive responsibilities in key account management and 
investor relations will be taken over by Michael Conrad, CFO of 
asknet AG, starting August 1, 2009. Dr. Dietmar Waudig, COO and 
founder of asknet AG, will take charge of marketing and sales.
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 University of Karlsruhe, one of Germany´s most 
prestigious technical universities, 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, Europe's largest platform for 
downloads of standard software. In 2008, asknet had sales of about 
74.7 million euros. Among its customers are well-known software 
publishers such as CollabNet, DivX, Ipswitch, F-Secure, Nero, Panda 
Security, Steganos and NetObjects. asknet supplies software products 
to around eighty percent of German universities. Further information 
is available from www.asknet.com.
end of announcement                               euro adhoc

Further inquiry note:

Kirsten Neininger
Corporate Marketing Manager
Phone: +49 (0) 721 96 458 6399
eMail: kirsten.neininger@asknet.de

asknet, Inc.
Bernard Haug
Phone: +1 (415) 352-2622
eMail: bernard.haug@asknet.com

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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