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INTERSHOP COMMUNICATIONS AKTIENGESELLSCHAFT

(ISHA)
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Intershop launches Intershop N, the new generation of its commerce platform

11/11/2021 | 03:19am EST

DGAP-News: Intershop Communications AG / Key word(s): Product Launch
Intershop launches Intershop N, the new generation of its commerce platform

11.11.2021 / 08:25
The issuer is solely responsible for the content of this announcement.


- Intershop N is an asset in the cloud - it offers fully automated scaling for customer's specific needs

- Changed release policy: Intershop N replaces version numbers

- Go-live planned for December 1, 2021

Jena, Germany, November 11, 2021 - Intershop Communications AG (ISIN: DE000A254211), a leading independent provider of innovative B2B commerce solutions, today announced the upcoming launch of its new platform generation, Intershop N. With this, the company creates a unique cloud-based asset and completes its technical cloud transformation initiative. Intershop N will initially be offered exclusively from the cloud, once again emphasizing Intershop's cloud-first approach.

With Intershop N, the company offers its customers unique scaling options where the required infrastructure is provided fully automatically based on the required computing power. The platform uses Kubernetes software technology to orchestrate the application's individual ("Docker") containers. Maintenance-related downtimes are drastically reduced by Intershop N and monthly releases enable ongoing technical and functional optimizations. In times of rising cybercrime and therefore an increasing need for data protection, Intershop N will provide an infrastructure that is always state-of-the-art and secure. In addition, the next generation platform supports a headless commerce approach, which gives customers speed and flexibility allowing them to use both custom and Intershop's own Progressive Web App (PWA) as a customer portal for client interaction.

Markus Klahn, CEO of Intershop: "Intershop N stands for neu, new or nuevo - it works in any language and reflects our global approach. With this new generation of our commerce platform, we are completely cloud-native and offer real added value for our customers, backed up by our usual high commitment to quality. Whether it's peaks during a Black Friday promotion or volatile transactions throughout the day, Intershop N scales one hundred percent autonomously and offers absolute stability and full performance at all times."

With the new platform generation, Intershop is breaking with the traditional release policy and will permanently update Intershop N in the cloud. The go-live is planned for December 1, 2021. New customers will then be implemented on Intershop N. Existing customers already operating can plan to upgrade to Intershop N starting in the second quarter of 2022.

 

About Intershop Communications AG:

Intershop (founded in Germany 1992; Prime Standard: ISHA) enables the world's leading manufacturers and wholesalers to digitalize, transform, and boost their businesses. Our e-commerce platform and cloud-based technology give B2B companies the power to establish and expand their digital presence, improve customer experience, and increase online revenue. With more than 25 years' experience and a global presence, we help our 300+ clients turn products into profits, customers into business partners, and transactions into lasting relationships.

Intershop is built to boost your business. Learn more 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.

Intershop Press Contact:

pr@intershop.de, Tel: +49-3641-50-1000

https://www.intershop.com/en/press-portal



11.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Intershop Communications AG
Steinweg 10
07743 Jena
Germany
Phone: +49 (0)3641-50-0
Fax: +49 (0)3641-50-1309
E-mail: ir@intershop.de
Internet: www.intershop.de
ISIN: DE000A254211
WKN: A25421
Indices: CDAX, PRIMEALL, TECHALLSHARE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1248215

 
End of News DGAP News Service

1248215  11.11.2021 

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Financials
Sales 2021 35,7 M 40,4 M 40,4 M
Net income 2021 1,20 M 1,36 M 1,36 M
Net cash 2021 9,21 M 10,4 M 10,4 M
P/E ratio 2021 36,2x
Yield 2021 -
Capitalization 51,7 M 58,5 M 58,5 M
EV / Sales 2021 1,19x
EV / Sales 2022 1,03x
Nbr of Employees 290
Free-Float 100%
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Mean consensus BUY
Number of Analysts 2
Last Close Price 3,64 €
Average target price 5,95 €
Spread / Average Target 63,5%
EPS Revisions
Managers and Directors
Jochen Wiechen Chief Executive Officer
Christian Oecking Chairman-Supervisory Board
Markus Klahn Chief Operating Officer
Louis Velthuis Member-Supervisory Board
Ulrich Praedel Vice Chairman-Supervisory Board
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