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EANS-News: asknet AG
asknet AG records gains in third quarter of 2009

Karlsruhe (euro adhoc) -

- Gross profits of 2.4 million euros in third quarter of 2009 (+11 
percent compared to same period of previous year)
 - Group’s net loss
cut by 52 percent over nine month period (from -2.42 million euros in
2008 to -1.15 million euros in 2009)
 - Jump in earnings predicted 
for fourth quarter
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
quarterly report
Subtitle: - Gross profits of 2.4 million euros in third quarter of 
2009 (+11 percent compared to same period of previous year) - Group’s
net loss cut by 52 percent over nine month period (from -2.42 million
euros in 2008 to -1.15 million euros in 2009) - Jump in earnings 
predicted for fourth quarter
Karlsruhe, November 13, 2009 - asknet AG,
which recently was named in the Deloitte Touche Tohmatsu "Technology 
Fast 50" ranking of the fastest-growing technology companies in 
Germany, has released its financial figures for the third quarter of 
2009. The company is a leading provider of outsourcing solutions for 
the global electronic software distribution (ESD) industry.
The asknet Group posted sales of 49.4 million euros in the first nine
months of the year. The Group's gross profits rose by 6 percent over 
the first 9 months of 2009 to 6.9 million euros; in the third quarter
of 2009 they were 11 percent higher than in the same quarter of the 
previous year, increasing to 2.4 million euros. The gross profit 
margin of the Group was 14 percent in the first nine months of the 
year. At -1.15 million euros, the Group´s net loss was significantly 
lower than in the previous year, when it totaled -2.42 million euros.
Despite difficult economic conditions, the Executive Board of asknet 
AG is confident that the Group´s strong performance will continue in 
the fourth quarter of 2009. "In addition to positive signs in our 
core area of business, outsourcing solutions for global electronic 
software distribution, we also anticipate a year-end seasonal upturn 
in business with our regular clientele, institutes of higher learning
and computer centers in the German-speaking countries," says Michael 
Konrad, CEO of asknet AG. "For this reason, we predict a further jump
in earnings in the fourth quarter of 2009."
The asknet AG report on the third quarter of 2009 is available 
starting today on the company website, www.asknet.com.
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, one of Europe's largest. In 
2008, asknet had sales of approximately 74.7 million euros. In 2009 
the Karlsruhe company was named in the Deloitte Touche Tohmatsu 
"Technology Fast 50"ranking of the fastest-growing technology firms 
in Germany. Among its clients are well-known providers of specialty 
software such as CollabNet, DivX, Ipswitch, F-Secure, Nero, Panda 
Security, Steganos, and NetObjects. asknet supplies software products
to around eighty percent of German universities.
Contact
asknet AG
Kirsten Neininger
phone: +49 (0)721.96458-6399
eMail:  kirsten.neininger@asknet.com
asknet, Inc.
Bernard Haug
Phone: +1 (415) 352-2622
eMail:  bernard.haug@asknet.com
www.asknet.com
end of announcement                               euro adhoc

Further inquiry note:

Kirsten Neininger
Corporate Marketing Manager
Telefon: +49 (0) 721 96 458 6399
e-mail: kirsten.neininger@asknet.de

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

Plus de actualités: asknet AG
Plus de actualités: asknet AG