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New Member of the Intershop Supervisory Board

Jena, 1 December 2016 – The Supervisory Board of Intershop Communications AG is undergoing a change in personnel. From 1 December 2016, Mr. Ulrich Prädel will be the newest member of the Supervisory Board. Dr.-Ing. Harald Schrimpf, the present Deputy Chairman of the Supervisory Board, has resigned with effect from November 30th, 2016 for personal reasons. On 29 November 2016, the District Court of Jena decided in favor of the recommendation put forward by both the Supervisory Board and the Board of Directors, making Mr. Ulrich Prädel the new member of the Supervisory Board of Intershop Communications AG until the next general shareholders’ meeting.

The Supervisory Board and the Board of Directors would like to thank Dr. Schrimpf for his commitment to Intershop and look forward to working with the new Supervisory Board member Mr. Prädel. Christian Oecking, Chairman of the Supervisory Board, explains: “We will continue the transformation process we began at Intershop with Ulrich Prädel as the new board member. He stands in excellent stead – not least due to Dr. Schrimpf’s involvement. Our top priority is focusing our sales and marketing on wholesales in particular.”

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About Intershop

Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is an independent, internationally leading provider of omnichannel commerce solutions. The latter are available as cloud-based commerce-as-a-service solutions or as licensed models and combine the expertise from over 25 years of software development for online commerce. Upon request, Intershop orchestrates the entire omnichannel commerce process chain – from the design of online channels to the implementation of software to fulfillment. Around the globe more than 300 enterprise customers run Intershop solutions Customers include large corporations such as HP, BMW, Würth and Deutsche Telekom as well as medium-sized enterprises. Intershop operates in Europe, the USA and the Asia-Pacific region.

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.

Intershop Public Relations

Heide Rausch
Head of Corporate Communication