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Jena, November 28, 2008 – Intershop Communications AG (Prime Standard: ISH2) has announced that the Supervisory Board today has appointed Dr. Ludger Vogt, born in 1960, to be the second member of the Company’s Management Board effective December 1, 2008. Dr. Vogt has worked for the Jena-based e-commerce provider since 1999 in international management positions in sales and the project business.
Dr. Vogt played a key role in the restructuring of Intershop in early 2007. Under his leadership, the Company significantly increased project revenues and expanded its international sales activities, allowing it to report stable revenues and earnings since that time.
“I’m very pleased to welcome my new colleague on the Management Board. I have come to admire him very much, both professionally and personally, over the many years we have worked together. Together, we succeeded in turning Intershop around a year and a half ago, backed at all times by a dream team – Intershop’s employees. Ludger Vogt and I have a clear vision of the Company’s future development. His appointment to the Management Board means that the structure at the top is now also in place to realize this vision,” according to Intershop CEO Henry Göttler.
“This new responsibility gives me the perfect scope for further developing Intershop’s sales activities and project business, and for expanding cooperation with our partners. Because the tasks can now be divided, Henry Göttler can better concentrate on his own domains, which are mainly strategy, portfolio, and product development. We now have an optimum division of responsibilities, and I’m looking forward to the new challenges,” said Dr. Vogt, commenting on this appointment.
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.