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Company Information

EANS-News: asknet AG / Graduate Management Admission Council (GMAC) becomes asknet´s newest customer

Karlsruhe (euro adhoc) -

Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.

Subtitle: * GMAC chooses asknet as international provider of the mba.com store * The mba.com store is available in 25 languages

Karlsruhe, January 25, 2010 - asknet AG, which recently
was ranked as one of Germany´s fastest-growing technology companies in Deloitte´s "Technology Fast 50" report, announces that Virginia based Graduate Management Admission Council (GMAC) chooses asknet as their eCommerce partner.

GMAC is the association of leading graduate business schools around the world and is also the owner and administrator of the GMAT exam.
Created in 1954, the GMAT is the only standardized test designed expressly for graduate business and management programs. It is used as a critical part of the admissions process by more than 4,700 graduate business programs in almost 2,000 schools.

Available in over 110 countries, it is the most widely used assessment for graduate management admissions and the most reliable predictor of academic success in graduate business studies.

"asknet offers the technology and services to implement eCommerce solutions that exactly meet the specific needs and requirements of a global customer like GMAC. The eShop is available in 25 shop languages and the end-customers can pay in six billing currencies. The market is endorsing our strategy of longevity and sustainable high quality. The addition of GMAC to our expanding US customer base, demonstrates the continued market endorsement of our longevity strategy and sustainable high quality. GMAC fits perfectly into our customer portfolio and we are confident that this will have a positive effect on our 2010 sales", notes Aston Fallen, President asknet Inc.

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, one of Europe's largest platform for downloads of standard software. In 2008, asknet had sales of approximately 74.7 million euros. In 2009 the Karlsruhe company was named in the Deloitte Touche Tohmatsu "Technology Fast 50"ranking of the fastest-growing technology firms in Germany. Among its clients are well-known providers of specialty software such as CollabNet, DivX, F-Secure, Nero, Panda Security, Steganos, and NetObjects. asknet supplies software products to around eighty percent of German universities. More information about asknet is available at www.asknet.com.

About GMAC
The Graduate Management Admission Council (www.gmac.com and www.mba.com) is the association of leading graduate business schools around the world and is also the owner and administrator of the GMAT exam. Created in 1954, the GMAT is the only standardized test designed expressly for graduate business and management programs. It is used as a critical part of the admissions process by more than 4,700 graduate business programmes in almost 2,000 schools. For more information about the GMAT exam, go to www.mba.com.

Contact Partner
asknet AG
Kirsten Neininger
phone: +49 (0)721.96458-6399
eMail: kirsten.neininger@asknet.com
www.asknet.com

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

end of announcement euro adhoc

issuer: asknet AG
Vincenz-Priessnitz-Str. 3
D-76131 Karlsruhe
phone: +49 (0)721 96 458 6369
FAX: +49 (0)721 96 458 99
mail: info@asknet.de
WWW: http://www.asknet.de
sector: Electronic Commerce
ISIN: DE0005173306
indexes:
stockmarkets: free trade/entry standard: Frankfurt, free trade: Berlin, Stuttgart, Düsseldorf, München
language: English

Digitale Pressemappe: http://www.ots.at/pressemappe/EASY_22529

Rückfragen & Kontakt:

Kirsten Neininger
Corporate Marketing Manager
Telefon: +49 (0) 721 96 458 6399
e-mail: kirsten.neininger@asknet.de

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OTE0006 2010-01-25/13:29