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Jena, Germany, September 23, 2011 – GSI Commerce and Intershop are teaming with a third major IT partner to establish an e-commerce alliance. Thanks to their complementary expertise, the partners can provide customers with an exceptional portfolio of products and services. Pooling development capacities will give store managers faster access to new functions, backed by professional contacts around the world. Henry Göttler, Intershop board member and architect of the e-commerce alliance: "The aim of the alliance is to deliver the best software solution for store operators. Joining forces gives us advantages of scale without losing flexibility. This form of collaboration enables massive innovation, with each partner contributing its special strengths. We are already seeing some very promising results.”
GSI Commerce benefits from extensive knowledge of the entire e-commerce cycle, focusing on B2C. Its expertise is borne out by the success of stores GSI runs for internationally renowned brands. As an e-commerce pioneer, Intershop is contributing its packaged software and long-time experience with multi-touchpoint sales models. The third partner is the world’s biggest provider of IT technology, offering in-depth technical expertise, knowledge of B2B processes, and an international presence. The e-commerce alliance is open to additional partners with complementary expertise, who will be integrated via a community development approach. This will see a network of providers developing additional applications around the core product.
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.