Intershop Communications AG | Press Release |

Intershop Appoints Nader Nemati as New Managing Director – Americas

Global E-Commerce provider hires executive to run Americas operations

  • Global E-Commerce provider hires executive to run Americas operations

Jena/San Francisco, February, 05 2008 – Intershop Communications, a leading global e-commerce provider for some of the largest e-commerce sites worldwide, today announced it has appointed Nader Nemati as Managing Director – Americas.

“The addition of Nader Nemati provides us with the necessary senior leadership at this stage in Intershop to move toward our next level of aggressive growth, innovation and product offering,” said Andreas Riedel, Chief Executive Officer of Intershop Communications. “I’m excited to have someone of Nader’s calibre join our executive management team as we continue to gain market share in providing e-commerce solutions for some of the most successful companies in the world.”

Mr. Nemati will be responsible for the overall operation, including sales, solution offering and deployment, continued growth and profitability of Intershop Communications, Inc. in the Americas region reporting to the CEO.

Mr. Nemati is a proven Information Technology (IT) executive and brings more than 20 years of expanding IT, sales, operations, and change management roles in Fortune-50, mid-market and start-up companies with focus on growth, field enablement, and productivity. He also brings significant global experience having successfully conducted business and managed teams in all of the major geographical regions around the world.

Prior to joining Intershop, Mr. Nemati was the co-founder and CEO of CompuNet eBusiness Group, Inc. later acquired by Epicor Software. Most recently, he was Global Director, Retail and Hospitality Practice and Strategic Programs for Epicor Software.

Mr. Nemati has also held management level positions at several Fortune 50 companies including Honeywell, Sears & Roebuck and AlliedSignal. He received his Bachelor of Science degree in Computer Science from California State University, Los Angeles, as well as his Masters of Business Administration degree in Management Information Systems.

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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 Public Relations

Heide Rausch

Head of Corporate Communication

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