Intershop Communications AG | Press Release |
CeBIT 2006: Intershop enters full-service e-commerce business
ena-based e-commerce software provider expands product portfolio and business activities
Jena, Germany - March 9, 2006 - Intershop Communications AG (Prime Standard: ISH2) has now positioned itself as a full-service e-commerce provider. The Company has expanded its core business - the development of e-commerce standard software - and now covers all e-commerce business processes from software through services and fulfillment to online marketing and logistics.
Intershop's Business Process Outsourcing concept offers an end-to-end business model for e-commerce to all companies that have a strong brand but have not yet developed a powerful e-commerce strategy. Its reference customers include Europe's most successful online traders.
"It is not uncommon for Intershop's customers to generate annual online revenues in the triple-digit million range. Despite this - and positive forecasts by experts - price pressure on e-commerce software products will continue. Competition in the e-commerce software provider segment is becoming fiercer. Both today and going forward, software manufacturers will have to face the challenges posed by completely new market conditions," said Intershop CEO Jürgen Schöttler.
"Business models in the online shopping sector are changing: they are becoming more diverse," Ralf Männlein, the member of Intershop's Management Board responsible for sales and marketing continued. "E-commerce is a complex network of closely integrated processes, ranging from e-commerce software through electronic payment processes and fulfillment, to efficient online marketing and customer management. Intershop is reflecting this development with its new full-service e-commerce offering."
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.