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asknet AG wins new international customer

CollabNet chooses asknet eCommerce solution

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companies/new customer

Karlsruhe (euro adhoc) - August 25, 2008 - asknet AG, one of the leading providers of outsourcing solutions for global software distribution via the Internet (Electronic Software Distribution - ESD) announced today that CollabNet®, the leading provider of solutions for distributed software development, has chosen the asknet eCommerce solution to run its online commerce business worldwide.

asknet has just posted strong sales growth of 38 percent in the first half of 2008, mainly driven by attracting new major software publishers for its eCommerce solution. With CollabNet using the asknet platform, the eDistribution provider is delivering on the promise outlined in the half year financial statement to further expand its international customer base.

With more than 1.5 million desktops and two million developers, the CollabNet Platform is the most widely used platform for distributed software development. The CollabNet Platform simplifies distributed development and enables organizations to leverage global development talents to innovate faster and deliver better products. More than 600 companies rely on the CollabNet Platform for their distributed development, offshoring, outsourcing and partner co-development efforts.

asknet has delivered a fully integrated eCommerce solution to manage CollabNet´s increasing business-to-business connections. The solution includes a robust and proven transaction engine that implements all of the electronic shop´s functions and services, the hosting and processing of the transactions, and the distribution of software licenses. In addition, a fully customizable shop technology solution ensures that CollabNet delivers a great customer experience for each visitor.

"We´ve chosen asknet as our primary eCommerce provider because it has the most robust global solution that supports more than 18 languages, 40 currencies and 22 payment options. Based on open standards, the asknet eCommerce Solution maps well to the sale of all of CollabNet´s online offerings including services, support, training and software. Using asknet, we will be able to establish our online commerce presence in a matter of weeks," said Mike Bellissimo, Vice President, Online Business and Community Strategy.

"We are pleased to announce our partnership with CollabNet, an industry leader that transforms the way software is developed. By creating a new eCommerce channel we will help CollabNet achieve global growth in the Collaborative Software Development market," added Gerald Prior, CEO of asknet AG.

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 or Web.com asknet supplies software products to almost 70 percent of German universities. Further information is available from www.asknet.com.

About CollabNet: CollabNet leads the software industry towards a new era of collaborative software development by connecting remote teams and integrating disparate development tools. The CollabNet Platform simplifies distributed development, reduces infrastructure costs by more than 50 percent, and eliminates silos between isolated teams to speed innovation by 20 percent and more. Industry leading companies that use CollabNet´s solutions today, include Reuters, Philips Medical Systems, Cap Gemini, and Barclays Global Investors among others.

end of announcement                               euro adhoc
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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

Horn Group for CollabNet
Marcie Hatch
Phone: +1 (530) 214-8068
eMail: mhatch@horngroup.com

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

Original content of: asknet AG, transmitted by news aktuell

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