Largest Mail Order Company in Europe Creates Second Generation e-Commerce Site Based on Intershop`s Platform
Quelle Changes Vendors and Creates www.quelle.de based on Intershop Enfinity
San Francisco/Hamburg, July 18, 2001 - Intershop Communications, Inc. (NASDAQ: ISHP; Neuer Markt: ISH), a leading provider of e-commerce software, today announced that Quelle AG, Europe`s largest mail order company, has selected EnfinityÔ as the new platform for its online portal www.quelle.de. With more than 110 subsidiaries and holding companies, eleven foreign companies, and export branches in over 13 countries, Quelle is one of the world`s largest mail-order companies. The Quelle website, www.quelle.de is one of Europe`s most successful e-commerce sites. "Our business demands a flexible and open architecture. Enfinity ensures this and enables continual adaptation to changing business processes," said Annette Noll-Decke, head of new media at Quelle AG. "By selecting Intershop, we will dramatically reduce the implementation time and total cost of ownership for e-commerce sites throughout the company."
Quelle realized the need to find a solution that would be flexible and scalable, yet would be able to be implemented and go live before the end of 2001. By migrating the Quelle.de site onto Enfinity, Intershop`s flagship product, Quelle AG has opted for industry-leading, scalable, standard software capable of running all e-commerce applications in the B2B and B2C segments, as well as those for electronic marketplaces and the supplier industry, on a single platform.
Intershop Enfinity is an advanced e-commerce software platform, developed to provide solutions that answer the diverse needs of global companies, whether it is for a dynamic direct-to-customer e-business site or a complex, multi-channel solution. Enfinity-based e-commerce solutions are easily adapted to changing business processes - all of which ensure long-term security of investment. The numerous features included guarantee rapid implementation and a low total cost of ownership. Currently ranked the number one e-commerce platform in Forrester`s TechRankings, Enfinity is a comprehensive platform that can be easily customized by business analysts with minimal programming skill.
"Intershop has worked with top retailers globally, enabling them to extend their successful businesses and reach their customers seamlessly through additional channels," explained Stephan Schambach, Founder and CEO of Intershop. "Intershop`s comprehensive contract with Quelle further demonstrates that e-business decision-makers recognize the business value of Intershop`s industry leading platform Enfinity and the comprehensive set of features delivered as packaged components. With the addition of Quelle to our list of top-tier customers, Intershop is further extending our position as one of the leading vendors of e-commerce software."
About Intershop
Intershop is a leading provider of e-business solutions for global enterprises. The Intershop Enfinity e-commerce platform, combined with proven, flexible industry and cross-industry solutions, enables companies to optimize relationships with their trading partners, improve business efficiencies, and reduce costs. Intershop`s solutions, which leverage partner industry knowledge and best practice information from successful customer implementations, deliver extensive packaged functionality for flexibility and fast ROI. Intershop provides applications and solutions to some of the world`s largest enterprises, including Bertelsmann, Hewlett-Packard, Intel, Motorola, Otto, Shell and Time Warner. Founded in 1992, Intershop has offices in the U.S., Australia, Brazil, Finland, France, Germany, Hong Kong, Korea, Sweden, Denmark, Norway, Singapore, and the United Kingdom and can be found at http://www.intershop.com.
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This press release may contain 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, consumer trends, the level of competition, seasonality, the timing and success of international expansion efforts, risks related to electronic security, possible governmental regulation, and the ability to manage a rapidly growing business. Additional information regarding factors that potentially could affect Intershop`s business, financial condition and operating results is included in Intershop`s filings with the Securities and Exchange Commission, including in the prospectus dated September 28, 2000, relating to Intershop`s public offering of common stock.
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