Jena, December 16, 2010 – Intershop is experiencing a period of stable growth. Having made significant progress toward realizing key objectives, such as acquiring a strategic partner and developing important product enhancements, the company is now increasing its efforts to penetrate new markets. As part of this initiative, Intershop has entered into a new partnership with London-based consulting firm ChannelCreator, which helps companies to build and establish additional sales channels. The aim of the partnership between Intershop and ChannelCreator is to increase market share in Northern and Western Europe plus the UK, with the latter being Europe’s second largest e-commerce market. Initially, the focus will be on the telecommunications sector. Intershop Management Board member Ludger Vogt is excited about the potential of the new partnership: “The team at ChannelCreator combines recognized specialists in online selling with market experts. We are committing our extensive product knowledge and very substantial personnel resources to this partnership. It gives us fast access to an additional, highly effective sales capability for these markets.”
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.