Jacksonville, Fla., Jena, Germany, March 1, 2007 - Fidelity National Information Services, Inc. (NYSE: FIS) today announced that it has executed an agreement with Intershop Communications AG that enables Intershop to offer e-commerce solutions as an outsourced service.
As a part of this agreement, Intershop will combine its e-commerce software, Enfinity, with FIS' information technology services to deliver Enfinity as a hosted service. Leveraging its extensive product knowledge, Intershop will support and maintain the product, which assists online marketing, sales and procurement initiatives. In this managed environment, clients will benefit from Enfinity's comprehensive capabilities, as well as FIS' proven information technology infrastructure management, disaster recovery, and security and network services.
"Intershop is a leading provider of e-commerce software for the centralized management of all online business channels," said James Tallman, president of the Americas of Intershop. "By partnering with FIS, we have created a niche in the market as a full-service provider. We are now able to offer a solution on demand when necessary to meet client requirements. The relationship with FIS enabled us to deliver this solution without having to build a new infrastructure or change our operations."
"This relationship opens up a new market for FIS," said Roger Leitner, president of FIS' Commercial Technology Solutions division. "We are leveraging FIS' significant investment in information technology capabilities, more than 40 years of in-depth outsourcing and financial services experience, and three world-class data centers to deliver innovative business solutions centered on client needs."
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.