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ots Ad hoc-Service: INTERSHOP Communications <DE0006227002> INTERSHOP takes over innovative technology company

Erfurt (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
INTERSHOP Communications, a leading
provider of electronic commerce applications software and solutions,
is announcing the take over of OWiS Software GmbH, Ilmenau. With this
acquisition, INTERSHOP is acquiring recognized experts and
experienced teams with expertise and project experience in object
oriented software development.
Through the integration of the new development and project teams,
INTERSHOP wants to accelerate its own product development as well as
acquire experts for project business in order to be able to react to
the order situation appropriately - especially regarding the
installation of the high-end e-commerce software "enfinity" at large
companies.
INTERSHOP CEO, Stephan Schambach, says: "As a visionary company,
OWiS oriented itself toward the latest technology and methods of
software development. Through the takeover, we will be able to
integrate absolute top quality expertise in our own development
departments. The competencies possessed by the OWiS and INTERSHOP
teams augment each other perfectly."
Through the acquisition of OWiS, which lies close to Jena, the
number of INTERSHOP employees will increase by approximately 100 to
over 900.
OWiS Software GmbH, located in the university city of Ilmenau in
Thuringia in Germany, very close to Jena, was founded in 1992 and
last employed more than 100 employees at its Ilmenau, Hamburg,
Stuttgart and San Diego locations. Among OWiS' customers are.
DaimlerChrysler, LBS, Helaba, Ascom and Deutsche Bahn AG. It is most
experienced in developing innovative tools for companies who
themselves produce software. The product Objekttechnologie Werkbank
(OTW) supports the modeling of software systems with the worldwide
UML (Unified Modeling Language) standard.
INTERSHOP Investor Relations: 
   Dr. John Lange 
   Phone +49-40-23709-128 
   Fax +49-40-23709-111 
   E-mail:  j.h.lange@intershop.de
End
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