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Jena/Amsterdam - June 20, 2006 - Intershop Communications AG (Prime Standard: ISH2) will be supplying the Dutch company Nedis with its Enfinity Suite 6 <nobr>e-commerce</nobr> solution. In its twenty-three year history, Nedis has grown to become a European market leader in consumer electronics and accessories. Corresponding agreements between Intershop and Nedis have already been signed in Amsterdam. All revenues from this new contract should be posted in fiscal 2006.
Nedis delivers more than 80,000 different products from its catalog and services over 90,000 customers worldwide. The Internet has become their single most important sales channel over the last five years. Today almost 75% of Nedis' business is done through online ordering.
The opportunities the Intershop platform offers to better serve its existing customers and to develop new Internet and marketing initiatives in different markets were the main reasons to deploy the new technology. Nedis will be leveraging the Enfinity <nobr>Suite 6</nobr> Business Channel, Consumer Channel, and Partner Channel in order to further extend their Internet strategy.
Jacob Gilad, Founder and CEO at Nedis: "Thanks to the new website, our customers will have real-time access to all the information they need and can place orders, request quotes, obtain the contact details of our nearest warehouse, and manage their accounts."
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.