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ots Ad hoc-Service: INTERSHOP Communications <DE0006227002> Intershop Reports Record Second Quarter Results

Hamburg/San Francisco (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Intershop
Communications (Neuer Markt: ISH), one of the world's leading
providers of e-commerce applications and software solutions, today
announced record financial results for the second quarter of 2000,
which ended June 30, 2000.
Second quarter revenues were Euro 32.6 million, an increase of 243
percent from Euro 9.5 million reported in the comparable 1999 period.
The company reported a Q2 2000 net income of Euro 1.3 million,
compared to a loss of Euro 4.2 million in Q2 1999. Intershop
announced 7 cent second quarter earnings per share, compared to a
loss of 21 cent per share a year ago.
With license revenues up 274 percent to Euro 22.5 million from the
comparable second quarter 1999 figure of Euro 6.0 million, Intershop
product sales represented the driving force behind this quarter's
outstanding performance. The increase was mainly driven by Intershop
enfinity, launched in Q4 1999. Intershop enfinity is a complete
enterprise sell side e-commerce solution that allows businesses to
sell anywhere over the Internet. enfinity sales were up 80 percent
compared to Q1 2000. Intershop entered the Asian market in Q4 1999
which has already contributed 8 percent of total revenues.
For the first six months of 2000 revenues grew by 249 percent to
Euro 57.5 million, compared to Euro 16.5 million for the first half
of 1999. Net income for the six months period were up from a loss of
Euro 7.7 million to a profit of Euro 3.0 million. Earnings per share
were 15 cent, compared to a loss of 40 cent per share a year ago.
"We are very pleased to report record revenues as well as our
second profitable quarter," said Wilfried Beeck, CFO. "This was not
only the tenth consecutive quarter of significant organic revenue
growth, but revenue and results were also again higher than our
expectations. However, the main highlight of the quarter is the great
success of Intershop enfinity."
Intershop acquired an impressive list of blue chip customers
including Intel, Unisys, Bertelsmann, H.B. Fuller, Tschibo,
Mannesmann and Terranetworks (Telefonica). Intershop has received
significant orders from over 500 customers from 50 different
countries, from new customers (38% of revenues) as well as from
existing customers (62% of revenues). This shows that Intershop has a
solid and well-balanced global customer base. In the course of the
second quarter, the number of licenses sold increased by 30,000 to
300,000, making Intershop by far the worldwide market leader in terms
of the number of e-commerce licenses sold.
The financial statements are available at www.intershop.com; the
complete quarterly report will published soon.
Investor Relations:
Dr. John Lange 
Phone +49-40-23709-128
Fax +49-40-23709-111 
E-mail:  investorrelations@intershop.de 
http://www.intershop.de
End
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