Jena, Germany - May 30, 2006 - Intershop Communications AG (Prime Standard: ISH2) today announced it had received the first comprehensive contract from a major international brand based in one of the German-speaking countries for its new Full-Service E-Commerce division.
This project involves Intershop taking responsibility for all the customer's e-commerce processes worldwide. The core technology will be provided by Intershop, in the shape of the company's packaged Enfinity Suite 6 software. Additionally, Jena-based Intershop will handle all other aspects of online operations, from IT services and online marketing through to debtor management, payment, logistics, and dealing with returns.
"Securing this first big comprehensive contract represents a milestone achievement for Intershop," says Ralf Männlein, the Intershop board member responsible for sales and marketing. "Realizing this major end-to-end e-commerce project will allow Intershop to demonstrate that it has evolved from a pure software provider to a holistic e-commerce company."
The project is currently planned for completion in the late summer of 2006, when all the customer's e-commerce operations will be activated. Intershop will reveal the customer's identity at a press conference scheduled to coincide with going live.
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is an independent, internationally leading provider of omnichannel commerce solutions. The latter are available as cloud-based commerce-as-a-service solutions or as licensed models and combine the expertise from over 25 years of software development for online commerce. Upon request, Intershop orchestrates the entire omnichannel commerce process chain – from the design of online channels to the implementation of software to fulfillment. Around the globe more than 300 enterprise customers run Intershop solutions Customers include large corporations such as HP, BMW, Würth and Deutsche Telekom as well as medium-sized enterprises. Intershop operates in Europe, the USA and the Asia-Pacific region.
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.