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Jena, Leipzig, Germany, November 23, 2011 – Intershop Communications AG has been recognized for its special achievements and innovation in the e-commerce sector with the E-Commerce Milestone 2011 award. The company was responsible for launching the first packaged software for online selling. The prize was presented at the Insight E-Commerce networking conference, which was held on November 22 and 23 in Leipzig under the patronage of Sven Morlok, Saxony’s Minister for Economics, Labor, and Transport. The jury based its decision on Intershop’s pioneering technology, which played a key role in paving the way for e-commerce. Intershop Management Board member Dr. Ludger Vogt: “This award recognizes the role played by Intershop in the development of e-commerce. We will continue to set new standards with our solutions: the eCommerce Alliance and the next generation of Intershop software are set to transform the market.”
Other big-name companies to figure among the 2011 Milestone prize winners were the Hamburg-based Otto Group and DHL, both honored for their outstanding achievements in the German mail-order sector.
This year’s Insight E-Commerce networking conference was the fifth such event. Under the slogan “125 years of mail order – the future is online,” it provided an opportunity for store operators, software developers, mail-order companies, marketing experts, and logistics providers to share their knowledge of innovative e-commerce developments and business models.
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.