Jena, December 16, 2010 – Intershop is experiencing a period of stable growth. Having made significant progress toward realizing key objectives, such as acquiring a strategic partner and developing important product enhancements, the company is now increasing its efforts to penetrate new markets. As part of this initiative, Intershop has entered into a new partnership with London-based consulting firm ChannelCreator, which helps companies to build and establish additional sales channels. The aim of the partnership between Intershop and ChannelCreator is to increase market share in Northern and Western Europe plus the UK, with the latter being Europe’s second largest e-commerce market. Initially, the focus will be on the telecommunications sector. Intershop Management Board member Ludger Vogt is excited about the potential of the new partnership: “The team at ChannelCreator combines recognized specialists in online selling with market experts. We are committing our extensive product knowledge and very substantial personnel resources to this partnership. It gives us fast access to an additional, highly effective sales capability for these markets.”
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.