Jena, November 28, 2008 – Intershop Communications AG (Prime Standard: ISH2) has announced that the Supervisory Board today has appointed Dr. Ludger Vogt, born in 1960, to be the second member of the Company’s Management Board effective December 1, 2008. Dr. Vogt has worked for the Jena-based e-commerce provider since 1999 in international management positions in sales and the project business.
Dr. Vogt played a key role in the restructuring of Intershop in early 2007. Under his leadership, the Company significantly increased project revenues and expanded its international sales activities, allowing it to report stable revenues and earnings since that time.
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.