Press Releases

01.10.2008

Intershop receives large service contract from Satyam

  • Services ordered worth EUR 0.7 million

Jena, September 30, 2008 – Intershop Communications AG (Prime Standard: ISH2) today received an order for EUR 0.7 million from Satyam Computer Services Ltd. This brings Intershop's order intake from both Satyam itself and joint customers to over EUR 1.0 million in the last three months.

As part of this most recent agreement, Intershop and Satyam will take over technical support and maintenance for the e-commerce system launched in May by joint customer Telstra for a period of one year.

Intershop's technical experts will be responsible not only for regular operational support, but also for the further development of the e-commerce platform with its large number of interfaces.

About Satyam
Satyam is a leading global business and information technology company with more than 50,000 employees, delivering consulting, systems integration, and outsourcing solutions to clients in over 20 industries around the world.

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

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