DGAP-News: asknet AG Electronic Business Solutions

DGAP-News: Steinberg goes with student verification solution from e-commerce provider asknet AG

DGAP-News: asknet AG / Key word(s): Miscellaneous Steinberg goes with student verification solution from e-commerce provider asknet AG

17.03.2016 / 14:00 The issuer is solely responsible for the content of this announcement.

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Steinberg goes with student verification solution from e-commerce provider asknet AG

Karlsruhe, March 17, 2016 - Steinberg Media Technologies GmbH, one of the world's largest manufacturers of software and hardware solutions for the music and audio industry, has once again expanded its long-standing business relationship with asknet and is now using asknet's innovative verification solution in its online shop.

"With asknet Verify, we have created a solution that is easy to use for our customers, accelerates processes and is also cost efficient. The end customers - students - will also find the verification process easy to use and without the need to worry about privacy in particular," says Franz Schlickum, Vice President Digital Goods Business Unit.

Its integration into the design of the Steinberg website allows the verification to be incorporated seamlessly into the purchasing process. Real-time verification is possible thanks to its link to universities' identity management systems. The unique combination of digital and non-digital verification methods in different languages, countries and formats makes it possible to achieve a verification rate of nearly 100 percent.

"The benefits of expanding our cooperation with asknet are clear to us," says Daniel Röper, Director of Sales at Steinberg Media Technologies GmbH. "We want to ensure that only the eligible customers benefit from the discount on a given product. For example, we offer a discount of 220 euros on our hero product Cubase Pro 8.5. So, naturally we want to be sure that this discount is only provided when appropriate. When choosing a global solution, we wanted to make sure that it was easy to integrate while offering both digital and manual verification methods. In asknet, we also have a partner at our side that can take on this task affordably, quickly and in connection with handling our purchasing process. An e-commerce service package that inspires us!"

About Steinberg Media Technologies GmbH Steinberg is known the world over for its music and audio software and hardware solutions. The company has been developing, manufacturing and selling innovative products for musicians and producers in the music, film, post production and multimedia industries since 1984. Steinberg products are used by Grammy and Oscar award-winning composers, engineers and producers. The company also offers business customers license-management and copy-protection systems. Visit www.steinberg.net for further details.

About asknet AG: asknet, a pioneer in the development of global e-commerce solutions, offers extensive expertise and individual shop solutions to ensure worldwide electronic distribution of products of all kinds 24/7 in more than 190 countries. Customers benefit in selling digital and physical goods from both the possibility of handling a variety of international payment and logistics processes as well as the extensive experience of the company in the development and operation of successful e-commerce platforms.

Founded in 1995 as a spin-off of the Karlsruhe Institute of Technology (KIT) the company is also a partner of around 80 percent of German universities and research institutions. Here asknet offers as a large account reseller for manufacturers such as Adobe and Microsoft a comprehensive range of software licenses and services related to the procurement and distribution of software. In addition, asknet distributes via the established internet platform "studyhouse.de" a wide range of software to students. In 2014 the company generated transaction revenues of more than 100 million euros. For more information, visit www.asknet.com.

Press Contact: asknet AG Madeleine Clark +49 (0)721 96458-6116

investorrelations@asknet.com

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17.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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