Intershop Communications AG | Press Release |
FIEGE and Intershop Become Partners
Intershop will co-operate for European logistics with the Westphalia-based FIEGE Group
Jena, Germany - December 19, 2006 - Intershop Communications AG domiciled in Jena/ Thuringia and the FIEGE Group have decided on a comprehensive partnership agreement for supply chain services required for pan-German international projects. FIEGE is one of the leading 3PL providers in Europe. Both companies have agreed within the framework of their new partnership on the integration of software and online marketing solutions by Intershop and fulfillment services by FIEGE.
The co-operation covers Intershop's new business segment, full-service e-commerce, through which the company has been covering since the beginning of the year 2006 all aspects of e-commerce that go beyond the technical realm. Intershop thus accepts the overall responsibility for e-commerce projects of new clients. Intershop's focus segment remains the technical product portfolio: Its e-commerce software Enfinity, as well as its online marketing solution SoQuero. The fulfillment segment for projects that are carried out Europe-wide will be covered by its new partner, FIEGE. For this, FIEGE merges the fulfillment activities in the newly-founded subsidiary FIEGE-PVS, a joint venture with PVS Fulfillment-Service GmbH based in Neckarsulm/Germany.
This offers new customers a high-performance general solution for the future. Both companies jointly vouch for successful Internet-based retailing of their customers. The new integration solution will be available beyond Germany with immediate effect.
"In FIEGE we have found a partner who has been internationally active for many years and who therefore is ideally positioned world-wide as a logistics provider", says Ralf Männlein, sales and marketing board at Intershop. "With FIEGE we can cover the full-service e-commerce projects in the European regions instantly."
"The co-operation between FIEGE and Intershop rounds off the portfolios of both partners in the fields of e-commerce and logistics", says Jens Meier, member of the board of the FIEGE Holding. "Intershop's e-commerce expertise paired with our fulfillment offer provides a solid base from which to guarantee the e-commerce success of our customers."
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.