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asknet publishes Annual Report 2007

Geschrieben am 23-04-2008

- 55% increase in sales revenues confirms sound growth trend

- Strong US business drives internationalisation

- Loss for the year significantly reduced


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companies/Annual Report 2007

Karlsruhe (euro adhoc) - 23 April 2008 - asknet AG, a leading
provider of outsourcing solutions for global software distribution
via the Internet (Electronic Software Distribution - ESD), today
published its annual report for 2007.

The company, which is listed in the Entry Standard, completed its
first full financial year at the stock exchange with significant
increases both in sales and service revenues, thereby exceeding its
growth targets. Sales revenues of the asknet Group improved by 55%,
reaching EUR 64.9 million, the Group´s service revenues showed a 42%
increase to EUR 8.8 million. The strongest growth impulses again came
from the eDistribution network segment, particularly from outsourcing
solutions for software designers and providers. After having
generated more sales from the outsourcing business than from the
resale of software products via its own portals for the first time in
2006 already, the company´s business in online-shop solutions for
international software providers again showed significant growth in
2007, increasing by 79% to EUR 44.4 million.

The Group`s vigorous drive for internationalisation also showed
significant progress during the period under review. For the first
time, sales revenues generated abroad were higher than those in
Germany. The US business volume alone more than doubled in 2007,
reaching EUR 16.2 million and thus accounting for more than a quarter
of total sales revenues for the year. At the same time, the Group´s
customer base was significantly expanded both in terms of number and
size of customer companies. Next to large customers like Nero and
Ipswitch, the company acquired a considerable number of medium-sized
software providers as business partners whose products hold
attractive growth potential.

As planned, the company succeeded in significantly reducing both its
operating result (EBIT) and net result in the 2007 financial year.
EBIT improved to EUR -3.0 million (previous year: EUR -4.0 million),
the net loss for the year dropped from EUR 5.8 million in the
previous year to EUR 2.7 million in 2007. The improvement in
productivity was due to the positive effects generated by the high
degree of scalability of the asknet platform technology.

"In 2007 we made significant progress in the internationalisation of
our business, the expansion of our customer base and the
consolidation of our position as a technology leader in eDistribution
solutions," says Gerald Prior, CEO of asknet AG, and continues, "In
view of the number of new customer contracts announced recently, we
feel fully confident that we will achieve the increase in sales
revenues forecasted for 2008 as well as further significant
improvements in service revenues and results."

The Annual Report 2007 of asknet AG is available in German language
as of today from the company´s website on www.asknet.de. The English
version of the Annual Report 2007 will be available by 30th April
2008.

About asknet: asknet AG, (Frankfurt A5A) leading in Global eCommerce,
accelerates eSales for publishers in the digital marketplace. Since
1995, the company has developed a robust eCommerce platform for
customers around the world. As media is rapidly transitioning to
digital formats, the marketing, sales, distribution, and services of
these products are also moving online. The ever expanding reach from
fixed and mobile customers all around the globe is pushing companies
to perfect their eDistribution. asknet delivers an instant online
distribution channel to its customers.


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

Further inquiry note:

asknet AG

Daniela Simon

Phone: +49/721/96458-6112

E-mail: daniela.simon@asknet.de

Branche: Electronic Commerce
ISIN: DE0005173306
WKN: 517330
Börsen: Börse Frankfurt / free trade/entry standard


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