Jena, Germany/Norrköping, Sweden - May 08, 2006 - Nordic`s leading retail chain of sporting goods, Stadium AB, has awarded Intershop Communications AG a contract to supply software licenses and services for a new e-commerce portal, which will be powered by Intershop's Enfinity Suite 6 software. Implementation of the project will be handled by Intershop partner ClearCloud. Corresponding agreements have already been signed, and all the revenue resulting from this new contract should be posted in fiscal 2006.
Stadium AB is one of Scandinavia's leading retail chains of sporting goods. The company sells for more than 360 million euro, products-ranging from sportswear to fan merchandise-via its 100 stores and have chosen Intershop for its online marketing and sales. In order to facilitate coordination and manage the relationships with its numerous partners, the company needed software capable of standardizing all the relevant processes.
"Intershop's industry experience, compelling value proposition, and expert staff were the key factors behind our decision to task Intershop with providing the technology platform for Stadium's upcoming e-commerce initiative," says Ulf Eklöf, President and CEO at Stadium AB.
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISHA) 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.