Ad-hoc News Intershop Communications AG - English

Intershop expands strategic alliance

Thu, 22 Sep 2011 08:48:00 +0200

Jena, September 22, 2011 - Intershop Communications AG, a leading supplier of integrated e-commerce solutions and a large global technology company, have entered into an agreement to cooperate in a strategic partnership.

The agreement was signed today and focuses primarily on joint product development of Intershop products, particularly on the webshop technology which is already being used by this partner as an existing customer. It also includes software license and professional services. The agreement has an initial term of ten years and a revenue potential for Intershop in the mid two-digit million EURO range.

With the entry of the second strategic partner, Intershop is executing on its plan to expand its strategic alliance. The partner has been an Intershop customer for many years and complements the existing e-commerce cooperation with GSI Commerce. This is the consequential next step in Intershop's growth strategy.

Intershop still expects revenues to grow between 10% and 20% in financial year 2011 as compared to 2010 and earnings to come out at about the same level as 2010.

Intershop expands framework agreement with Merck

Wed, 20 Jul 2011 00:00:00 +0200

Jena, July 20, 2011 – Intershop Communications AG, supplier of integrated e-commerce solutions, has expanded the existing framework agreement with pharmaceutical and chemical group Merck to include further licenses as well as consulting and support services. The services will run for a period of three years with a total volume around the mid seven-digit euro range. Any profit generated from license sales will be recognized in income in the third quarter of 2011.

Merck has been one of Intershop’s Platinum Accounts for over two years. This expansion is proof of the excellent working relationship between the partners and also of the strategic importance of the “Merck Chemical Portal”. The business customer online platform has been successfully operating since 2007 and is based on Intershop software.

Intershop renews service agreement with Otto

Fri, 18 Mar 2011 11:45:00 +0100

Jena, March 18, 2011 – Intershop Communications AG, supplier of integrated e-commerce solutions, renews the service agreement for consulting and support services with the Hamburg-based retail group Otto. The new contract has a term of three years and a total volume around the middle of the seven-digit euro range.

This agreement confirms the strategic importance of online trading for Otto Group. The company states that it generates almost two third of its revenue online. Otto Group has been relying on Intershop solutions for more than 10 years.

Intershop Wins New Major Customer

Fri, 04 Mar 2011 11:58:00 +0100

CANCOM Group decides for Intershop e-commerce solutions for its online shop

Jena, March 4, 2011 – Intershop Communications AG, supplier of integrated e-commerce solutions, has closed a contract with CANCOM Group, a manufacturer-independent supplier of IT infrastructure and professional services. The contract volume totals more than EUR 1 million. This makes the company one of Intershop’s platinum accounts.

This order expands the existing licenses with consulting services for CANCOM Group’s online shop and runs over a period of one year. The online-portal is one of the top-selling German online shops for IT.

Intershop receives extended order from GSI Commerce Solutions, Inc.

Fri, 18 Feb 2011 20:34:00 +0100

Order volume in mid seven-digit Euro range

Jena (Germany), 18 February 2011 – Intershop Communications AG, a provider of integrated e-commerce solutions, today received an order from its strategic partner and major client GSI Commerce Solutions, Inc. comprising the delivery of extended services. The contract is a follow-up order based on the agreement of April 2010 and will result in additional revenues in the mid seven-digit Euro range until 31 December 2011, provided the services are fully called up.