Jena, Germany - January 10, 2006 - Intershop Communications (Prime Standard: ISH2), has been selected by UK-based Williams Lea, a leading business process outsourcing company specialising in Corporate Information Solutions, to utilize Intershop's Enfinity as its e-procurement solution.
The new solution is designed to integrate client-facing activities with back-office finance and management information systems, thereby creating a supply chain system that supports buying, sending orders to suppliers, recording the financial transactions for supplier payments and client billing and providing all the management information around this activity.
Intershop partner Crimsonwing developed an e-procurement solution which Williams Lea branded Immedia. This is built on the Intershop Enfinity platform and Procurement Channel to deliver all forms of procurement practised by Williams Lea in a single solution. Besides the sophisticated standard catalogue-based purchasing which features priced and 'to be priced' items, the solution also allows for the sourcing and commissioning of bespoke marketing print projects.
With its new e-procurement solution up and running, Williams Lea has been able to deliver all of its purchasing activity on a single platform, now integrated to their back-office finance and management information systems. All of the functionality is in live daily use on over 60 of Williams Lea's client sites.
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.