Intershop Communications AG | Ad Hoc Announcement |

Intershop Communications AG Reports First Quarter 2007 Financial Results

Jena, Germany, April 26, 2007 - Intershop Communications AG (Prime Standard: ISH2) today announced financial results for the first quarter of 2007, ended March 31, 2007.

First quarter 2007 revenue rose 11% as against the previous quarter from Euro 5.5 million to Euro 6.1 million, compared with Euro 5.1 million in the first quarter of 2006. License revenue totaled Euro 0.8 million in the first quarter of 2007 as against the fourth quarter of 2006 to Euro 1.0 million, compared with Euro 1.8 million in the first quarter of 2006. In Q1 2006, license revenues included EUR 1.4 million in revenues from a major order. Service revenue totaled Euro 5.3 million in the first quarter 2007, as compared to Euro 4.5 million in the fourth quarter 2006 and Euro 3.3 million in first quarter 2006. Adjusted for online marketing revenues, service revenues amounted to EUR 3.8 million in the first quarter of 2007 and EUR 3.5 million in the fourth quarter of 2006.

Total operating costs (cost of revenues plus operating expenses) were Euro 7.5 million in the first quarter of 2007, compared with Euro 7.5 million in the previous quarter and Euro 6.4 million in the first quarter of 2006. The cost of revenues included online marketing costs of EUR 1.4 million in Q1 2007 and EUR 1.0 million in Q4 2006.

Intershop recorded a net loss of Euro 1.4 million or Euro 0.07 per share in the first quarter of 2007, as compared to a net loss of Euro 2.0 million or Euro 0.09 per share in the fourth quarter of 2006. Compared to the first quarter of 2006, Intershop’s net loss was Euro 1.5 million or Euro 0.07 per share. Total cash, including cash and cash equivalents, marketable securities, and restricted cash were Euro 8.1 million as of March 31, 2007, compared to Euro 11.2 million as of December 31, 2006. The amount of unrestricted cash included in this total amounting to EUR 1.8 million as of March 31, 2007, compared to Euro 3.6 million as of December 31, 2006.

Intershop expects to generate a positive net result and positive cash flow in fiscal year 2007 due to significant cost reductions, particularly in sales and marketing, as well as further measures.

The full press release relating to this adhoc disclosure is available at www.intershop.com.

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About Intershop

Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

Intershop Investor Relations

Heide Rausch

Head of Corporate Communication

Phone: +49 3641 50-1000
Fax: +49 3641 50-1309