asknet publishes figures for first half of 2008

– Sales revenues increased 38% to EUR 36.3 million

– Service revenues EUR 4.4 million (+20%)

– Operating result yet negative

– Online transactions up 49%

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Karlsruhe (euro adhoc) - Karlsruhe, 14 August 2008 - asknet AG, one
of the leading providers of outsourcing solutions for global software
distribution via the Internet (Electronic Software Distribution -
ESD) published its trading figures for the first half of 2008.

In the first six months of 2008, the asknet Group generated sales
revenues of EUR 36.3 million, representing an increase of
approximately 38% against the same period last year. The marked
increase is due to an expansion of the customer base in the
eDistribution network segment. The Group´s services revenues
increased by 20% to EUR 4.4 million, after EUR 3.7 million in the
first half of 2007. The Group´s service revenues margin was 12.2%. At
EUR -1.8 million, the result of ordinary activities fell below those
of the same period of the previous year, which had been EUR -1.5
million. This was due to the current lower margins in the large
customer segment as well as to increased personnel expenses,
particularly at the US subsidiary, and to non-recurring costs
generated by structural cost optimisation measures implemented in the
first half of 2008. In the period under review, the operating result
(EBIT) stood at EUR -1.9 million after EUR -1.7 million in the first
half of 2007. At the Group level, the company showed a loss after
interest and taxes of EUR 1.8 million for the period, compared to a
loss of EUR 1.5 million for the same period of the previous year.

In the period under review, asknet processed a total of approximately
785,000 online transactions in the first half of 2007, representing a
plus of 258,000 transactions or 49%. In the first six months of 2008,
the share of sales revenues to end customers generated abroad
accounted for 66%. This confirms the trend towards the increasing
internationalisation of the asknet Group. Especially in the USA,
asknet succeeded in markedly increasing business in spite of the
persisting weakness of the dollar and the downturn in the economy.
The expansion of the Japan and Asia business also received
significant impulses from the newly-founded subsidiary asknet K.K. in
Tokyo.

"In the first half of 2008 we acquired several new customers, among
them also one large international customer, PANDA Security, which is
one of the fastest-growing software companies in Europe and offers a
correspondingly high online distribution sales potential," says
Gerald Prior, CEO of asknet AG, and continues: "The solid sales
increase which we achieved in spite of the weak dollar and the slow
economy makes us optimistic for the second half of the year in which
we expect to conclude further contracts with international
customers."

For the entire year 2008, the Management Team expects the growth in
sales revenues to be lower than in the same period of last year but
still to reach two-digit figures. For the second half of 2008 they
expect losses to be significantly lower than in the first.

As of today, the Half Year Report 2008 of asknet AG is available in
German language on the company´s website at www.asknet.com.

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

Katharina Thomys

Vincenz-Priessnitz-Str. 3

76131 Karlsruhe

Germany

Tel.: +49 (0)721/96458-6116

E-Mail: katharina.thomys@asknet.de

asknet, Inc.

Jaywant Singh Rao

Vice President Sales & Business Development

235 Montgomery Street, Suite 1025

San Francisco CA 94104

Tel: +1.415.602.3380

E-mail: jaywant.rao@asknet.com

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