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EANS-News: Executive duo will continue to build on asknet's success in this fiscal year

Gerald Prior, CEO, to leave the company on July 31, 2009.

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Karlsruhe (euro adhoc) - Karlsruhe, July 23, 2009 - asknet AG, a leading provider of outsourcing solutions for the global electronic software distribution (ESD) industry, has announced the resignation of CEO Gerald Prior. No agreement was reached on extending Mr. Prior´s employment and management contract, which was due to expire at the end of 2009. The Supervisory Board and Mr. Prior subsequently came to a mutual understanding that releases him from his contract effective July 31, 2009.

The Supervisory Board thanks Mr. Prior for his contribution to the growth and success of asknet AG. "Under Gerald Prior, asknet further improved its international position and attracted strategically important large customers," noted Dr. Joachim Bernecker, Chairman of the Supervisory Board. "The experienced and well-established executive duo of Michael Konrad and Dr. Dietmar Waudig will continue to lead the company along the path of improved performance to arrive at long-term profitability."

Mr. Prior's executive responsibilities in key account management and investor relations will be taken over by Michael Conrad, CFO of asknet AG, starting August 1, 2009. Dr. Dietmar Waudig, COO and founder of asknet AG, will take charge of marketing and sales.

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 University of Karlsruhe, one of Germany´s most prestigious technical universities, 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, Europe's largest platform for downloads of standard software. In 2008, asknet had sales of about 74.7 million euros. Among its customers are well-known software publishers such as CollabNet, DivX, Ipswitch, F-Secure, Nero, Panda Security, Steganos and NetObjects. asknet supplies software products to around eighty percent of German universities. Further information is available from www.asknet.com.

end of announcement                               euro adhoc
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Further inquiry note:

Kirsten Neininger
Corporate Marketing Manager
Phone: +49 (0) 721 96 458 6399
eMail: kirsten.neininger@asknet.de

asknet, Inc.
Bernard Haug
Phone: +1 (415) 352-2622
eMail: bernard.haug@asknet.com

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 of: asknet AG, transmitted by news aktuell

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