INTERSHOP Communications AG — M&A Activity 2008

Oct 27, 2008

News Details

Ad-hoc | 27 October 2008 14:50

Intershop wins major U.S. license and service contract

Intershop Communications AG / Contract

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Jena/San Francisco, October 27, 2008 – Intershop Communications AG (Prime
Standard: ISH2) won a contract last weekend to provide software and
services totaling more than USD 1.7 million. In line with the payment
terms, the entire contract volume will be recognized in income in the
current quarter. This allows Intershop to extend its comfortable economic
situation. This can be seen from an equity ratio during the first half of
the year of 53% and unrestricted cash and cash equivalents of around EUR
7.4 million.
This contract gives the Client, a major customer from the U.S.A.,
additional licenses for the Enfinity Suite 6 e-commerce software worth more
than USD 0.4 million. Intershop will provide services for the next three
years worth some USD 1.3 million. The Company will support the client with
the maintenance, operation, and expansion of its Enfinity system, which is
the technical platform for its global sales to business customers.

Public Relations:
Dr. Ute Danz
T: +49-3641-50-1000
F: +49-3641-50-1002
pr@intershop.com

Investor Relations:
Annett Körbs
T: +49-3641-50-1370
F: +49-3641-50-1309
ir@intershop.com

27.10.2008 Financial News transmitted by DGAP

Language: English
Issuer: Intershop Communications AG
Intershop Tower
07740 Jena
Deutschland
Phone: +49 (0)3641-50-0
Fax: +49 (0)3641-50-1002
E-mail: ir@intershop.de
Internet: www.intershop.de
ISIN: DE000A0EPUH1, DE000A0C4ZE3
WKN: A0EPUH, A0C4ZE
Indices: CDAX, PRIMEALL, TECHALLSHARE
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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