INTERSHOP Communications AG

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

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    Erfurt (ots Ad hoc-Service) - 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:

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