Jena, Germany, January 10, 2007 - Established in 2005, sqoops GmbH sells PC and console games on its German-language websites at www.sqoops.de and www.sqoops.com. The sites are also packed with integrated games experiences, information on PC games, and other entertainment features. sqoops opted for a transaction-based pricing model that allows Intershop to benefit from future transactions. Germany media firm Computec Media AG already acquired a 15% stake in sqoops GmbH before the official launch of the portal at the end of September.
With its blend of entertainment and edutainment software, the multimedia e-commerce site is aimed at families, as well as more traditional games consumers. Accordingly, the portal needs to be not only easy and fun to use, but also safe. The site therefore provides a simple parental control function, which can be set to suit the age of the child.
Relevant data and the preferences of portal visitors are stored in customer accounts. In addition, the accounts are linked to a bonus point system that allows every customer to receive sqoops cents in return for purchases or participating in integrated games. IPS Datenservice GmbH is responsible for payment and delivery.
The successful integration of multiple servers and different hardware components shows that the Intershop solution is highly flexible and capable of meeting sqoops' diverse requirements. These requirements included creating interfaces to the existing IT environments of sqoops and its logistics partner.
Wolfgang von Krogh, CEO of sqoops: "We chose Enfinity because Intershop has the most scalable and comprehensive offering. For our core online business, we needed a technical platform that delivers maximum flexibility and performance. Enfinity meets those requirements."
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.