asknet AG

EANS-News: asknet AG
asknet publishes results for first quarter of 2010

- Stable six percent growth in gross profits - Thirty-five percent improvement in EBT compared to the same quarter of 2009

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3-month report

Subtitle: - Stable six percent growth in gross profits - Thirty-five percent improvement in EBT compared to the same quarter of 2009

Karlsruhe (euro adhoc) - Karlsruhe, May 14, 2010 - asknet AG, an international provider of eCommerce solutions which recently was ranked as one of Germany´s fastest-growing technology companies in Deloitte´s "Technology Fast 50" report, has published its financial figures for the first quarter of 2010.

In the first three months of 2010, the asknet Group posted sales of 16.2 million euros. asknet´s gross profits grew steadily by six percent to 2.49 million euros (first quarter of 2009: 2.36 million euros). The Group´s operating results saw a year-on-year improvement of 35 percent.

"The company's financial figures for the first quarter of 2010 once again show growth and an improvement in results," says asknet CFO Michael Konrad. "asknet AG will look to stabilize this positive trend by intensifying our push to internationalize and expand into new geographical markets. Our objective is to offer our customers solutions and services that open up new growth potential in eCommerce for them. Our new partnerships with Alipay, a Chinese financial services institute, and Klarna AB of Sweden will help further this aim. They allow us to offer software vendors local payment options that number among the most used online payment methods in the respective markets."

As of today, asknet AG's Quarterly Report 1/2010 is available on the company´s 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 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 platform for downloads of standard software. In 2009, asknet posted sales of approximately 68.9 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. 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 phone: +1 (415) 352-2622 eMail: bernard.haug @asknet.com

www.asknet.com

end of announcement                               euro adhoc
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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

Original-Content von: asknet AG, übermittelt durch news aktuell

Weitere Meldungen: asknet AG

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