asknet improves results despite ongoing recession

• First half year, 50%  improved results compared to the same period  of 2008
• New customers help strengthen our global strategy

Karlsruhe, August 14, 2009 - asknet AG, a leading provider of outsourcing solutions for the global electronic software distribution (ESD) industry, today released its half year report for 2009.

Despite the continuing global recession, asknet improved results by 50 % compared to the same first half of 2008. Losses were 883 thousand euros in the first half of 2009, a reduction of 891 thousand euros compared to the same period of 2008 – despite ongoing weak global economy.

Thanks to the acquisition of several international clients in the first half of 2009 the trend of becoming more global clearly continues in the asknet group. “Our new customers BizAgi, GridIron and EskoArtwork confirm our flexible and robust technology and international services“, says Michael Konrad, Co-CEO of asknet AG, “We are confident that the positive trend will continue in the second half year of 2009.”

The 2009 Half Year Report of asknet AG is available on our 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 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.

Press Contacts:
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

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