Jena, May 9, 2007 – Intershop Communications AG (Prime Standard: ISH2) today announced that it received a large order from an overseas telecommunications company. For the first time Intershop delivers an auction platform based on its software Enfinity Suite 6 for a customer.
The contract has a volume of more than 1.7 million EURO revenue. The license revenue portion within that amount of around 1.4 million EURO will be immediately recognised and support revenues of about 0.3 million EURO will be recognised in the next 12 months. The company expects follow-up services revenues in a considerable amount.
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.