Intershop Communications AG | Press Release |
Intershop Signs Contract with Stadium AB
Jena, Germany/Norrköping, Sweden - May 08, 2006 - Nordic`s leading retail chain of sporting goods, Stadium AB, has awarded Intershop Communications AG a contract to supply software licenses and services for a new e-commerce portal, which will be powered by Intershop's Enfinity Suite 6 software. Implementation of the project will be handled by Intershop partner ClearCloud. Corresponding agreements have already been signed, and all the revenue resulting from this new contract should be posted in fiscal 2006.
Stadium AB is one of Scandinavia's leading retail chains of sporting goods. The company sells for more than 360 million euro, products-ranging from sportswear to fan merchandise-via its 100 stores and have chosen Intershop for its online marketing and sales. In order to facilitate coordination and manage the relationships with its numerous partners, the company needed software capable of standardizing all the relevant processes.
"Intershop's industry experience, compelling value proposition, and expert staff were the key factors behind our decision to task Intershop with providing the technology platform for Stadium's upcoming e-commerce initiative," says Ulf Eklöf, President and CEO at Stadium AB.
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.