Press Releases

28.06.2006

Intershop Acquires SoQuero GmbH

Jena, June 28, 2006 – Intershop Communications AG (Prime Standard: ISH2) today announced the acquisition of SoQuero GmbH.

SoQuero GmbH, which currently employs 12 staff in Frankfurt am Main, Germany, specializes in online marketing and generated positive earnings in 2005 from revenues of EUR 1 million. Intershop has acquired all the shares of SoQuero GmbH. The purchase price will be paid in cash. The sellers will also receive stock options from the Intershop stock option program to help secure their longer-term commitment to Intershop.

Following consolidation, the revenues generated by SoQuero GmbH for the period January 1 to June 28, 2006 will increase Intershop’s revenues correspondingly. Intershop will announce its second quarter results on July 27, 2006.

About Intershop
Intershop Communications AG (Prime Standard: ISH2) is a leading provider of comprehensive global e-commerce and online marketing solutions. Founded in 1992, Intershop has a long tradition of driving innovation in e-commerce by automating and simplifying business processes for mid to large-sized organizations. Intershop’s standard e-commerce software, Enfinity Suite 6, offers a highly scalable and robust solution for conducting online business, complemented by all necessary technical and business consulting services. Intershop also acts as a business process outsourcing (BPO) provider, managing all aspects of online retailing, including fulfillment, online marketing and hosting. Around the globe more than 320 enterprise customers, including HP, Sun Microsystems, BMW, and Deutsche Telekom run Intershop solutions. Intershop has offices in the United States and Europe. More information about Intershop can be found on the Web 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 Press Contact:
Dr. Ute Danz
Director Corporate Development
Tel: +49.3641.50-1000
pr@intershop.com

« back