EANS-News: asknet AG / asknet reports profitable 2009 fourth quarter

- High level of seasonal trade expedites positive business dynamic
- Online commerce shows growth despite economic crisis

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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quarterly report

Subtitle: - High level of seasonal trade expedites positive business
dynamic - Online commerce shows growth despite economic crisis

Karlsruhe (euro adhoc) - Karlsruhe, March 9, 2010 - asknet AG, which
recently was ranked as one of Germany´s fastest-growing technology
companies in Deloitte´s "Technology Fast 50" report, today announces
a profitable fourth quarter in 2009. With the traditional year-end
upturn in business, the last quarter of 2009 was the culmination of a
positive dynamic that began as early as the first quarter of the
year. From the beginning of 2009, asknet´s financial results improved
from quarter to quarter.

"The consistent nature of this growth proves that it is not a
one-time occurrence," says Michael Konrad, CFO of asknet. "Instead,
it is a reflection of the scalability of our business model, the
effectiveness of the previous year's restructuring program, our
strict cost controls, and our international focus." 2008 was a year
of consolidation for asknet, and the measures introduced then have
resulted in a significant reduction in operating costs.

asknet has positioned itself on the eCommerce market - a sector that
showed solid growth in 2009 regardless of the continuing economic
slump. According to the Association of German Retailers
(Bundesverband des deutschen Einzelhandels), online sales rose by 13%
in Germany. In the rest of Europe and the USA, sales also increased
in the "fastest shopping mall" in the world. "We see ourselves in a
good position to continue improving our profitability in 2010," says
Michael Scheib, CEO of asknet. "The positive performance in 2009
proves that the market appreciates what we have to offer and is
rewarding our strategy." asknet AG will publish its annual report for
2009 on April 30, 2010.

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 Karlsruhe Institute of Technology (KIT, formerly
the University of Karlsruhe), 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
2009 the Karlsruhe company was named in the Deloitte Touche Tohmatsu
"Technology Fast 50" ranking of the fastest-growing technology firms
in Germany. asknet´s clients include numerous providers of specialty
software such as CollabNet, DivX, F-Secure, Nero, Panda Security,
Steganos, and NetObjects. The company also 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
eMail: bernard.haug@asknet.com

www.asknet.com

end of announcement euro adhoc
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ots Originaltext: asknet AG
Im Internet recherchierbar: http://www.presseportal.de

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
 

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