asknet, Inc. with new president

Aston Fallon takes over leadership for US activities

--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------

companies

Karlsruhe (euro adhoc) - August 29, 2008 - asknet AG, one of the
leading providers of outsourcing solutions for global software
distribution via the Internet (Electronic Software Distribution -
ESD) has appointed a new president for its US subsidiary, asknet,
Inc., San Francisco.

Aston Fallen, former Managing Director of data encryption specialist
Steganos, will join asknet in the role of President of asknet, Inc.
on September 1, 2008. Aston Fallen will be responsible for the
world-wide sales activities of asknet´s ESD solutions. The US market
which accounted for almost 28% of sales in the first half of 2008 is
the company´s second largest sales region after Germany and the most
important market for ESD solutions world-wide.

Aston Fallen has more than 20 years of international management
experience with different technology enterprises. As an American who
has lived and worked in Europe for many years, Aston is intimately
familiar with both the European and US software markets and thus a
real asset to asknet. Most recently he worked as Managing Director of
Steganos GmbH, one of asknet´s longstanding customers. At Steganos,
the German market leader for data encryption in the consumer segment,
Aston Fallen was successfully responsible for the company´s
globalization and the expansion of sales from retail to online
business.

"I have known the asknet team for many years, and I am looking
forward to be working for a technology leader in a market with a very
promising future", says Aston Fallen. asknet´s CEO Gerald Prior adds:
"We are extremly pleased to have hired such an experienced manager as
Aston Fallen who is so conversant with our technology platform. His
industry know-how and contacts in the US software industry will
further strengthen our position in the North American market."

About asknet: asknet offers its clients customized outsourcing
solutions for global software distribution via the Internet. Founded
in 1995 as spin-off from elite university Karlsruhe, the company has
become the number two of independent global providers for electronic
software distribution. In addition to its fully integrated solutions
for software publishers, the company develops and maintains portals
for software distribution such as softwarehouse.de, Europe´s largest
platform for downloads of standard software. In 2007 asknet had a
turn over of about 65 million EUR. Among its customers are well-known
software publishers such as DivX, F-Secure, Nero, Panda Security or
Web.com. asknet supplies software products to almost 70 percent of
German universities. Further information is available from
www.asknet.com.

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: asknet AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

asknet AG

Kirsten Neininger

Phone: +49 (0)721-96458-6399

E-Mail: kirsten.neininger@asknet.com

asknet, Inc.

Bernard Haug

Phone: +1 (415) 352-2622

eMail: bernard.haug@asknet.com

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