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ots Ad hoc-Service: INTERSHOP Communications <DE0006227002> Intershop Acquires Content Management Firm to Expand E- Business Offering

San Francisco, Calif., Berlin, Germany (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Intershop Communications, one of the world's leading providers of
electronic commerce applications and software solutions today
announced the acquisition of Subotnic GmbH. Berlin-based Subotnic
specializes in the development of content management software and
solutions designed to integrate with electronic commerce systems.
With this acquisition, Intershop significantly expands its product
offering by adding Content Integrated Commerce functionality to its
flagship enterprise product, Intershop enfinity. Intershop also
addresses the growing demand for integration of content management
software (CMS) with enterprise e-business solutions. By 2004, the
worldwide CMS market is expected to grow to more than $5 billion,
while commerce-specific CMS is expected to grow to $2.3 billion
(source: Ovum).
Subotnic 1.0, the product currently under development, represents
a modular content management system for enterprises who deploy
mission-critical e-commerce solutions. It helps businesses manage
commerce-specific content directly on Web pages through a simple and
intuitive user interface. Subotnic 1.0 allows customers to generate,
distribute and automate personalized content independent of media
channels and formats through dynamic content exchange,
component-based re-use, multimedia and multichannel support.
Intershop will integrate Subotnic 1.0 with enfinity's business
design tools to offer a content management module for e-commerce
platforms that helps customers avoid costly and cumbersome
integration of single components from multiple vendors. Like
Intershop enfinity, Subotnic 1.0 is based on technology standards
such as Java, EJB, XML, and ICE.
As Content Integrated Commerce is rapidly gaining importance for
enterprises worldwide, this acquisition will help Intershop expand
our leadership in the e- business software market. Subotnic and
Intershop are a perfect match because both companies are focused on
bringing value to customers with flexible and integrated e-business
solutions that are based on the highest technology standards and
offer early return on investment.
By incorporating Subotnic's 47 employees, Intershop also adds
significant resources to its R&D and Product Marketing division. The
Berlin office will become the company's competency center for the
development of content management solutions and a strategic location
for Intershop Professional Services. The price for Subotnic of nearly
Euro 20 million is significantly lower than comparable transactions
in the U.S. and will be paid in shares.
Investor Relations Contacts:
Europe:
Dr. John Lange 
   Phone +49-40-23709-128 
   E-mail:  j.h.lange@intershop.de 
   http://www.intershop.de
Americas:
Phil Oreste 
   Phone +1-415-844-1500
   E-mail:  p.oreste@intershop.com
   http://www.intershop.com
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