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Printable version E-mail this! PR Newswire, 02/5/2001 09:01
Intershop Announces Success of 5B Technologies as Customer and Partner
/FROM PR NEWSWIRE SAN FRANCISCO 415-543-7800/ [STK] ISHP FIVE [IN] CPR MLM [SU] CON TO BUSINESS AND TECHNOLOGY EDITORS:
Intershop Announces Success of 5B Technologies as Customer and Partner
Intershop Enfinity(TM) Delivers ROI for 5B Technologies and Its Customers
SAN FRANCISCO, Feb. 5 /PRNewswire/ -- Intershop Communications, Inc. (NASDAQ:ISHP; Neuer Markt: ISH), a leading provider of e-business applications for global companies, today announced a successful strategic partner and customer relationship with 5B Technologies (NASDAQ:FIVE), a comprehensive business solutions provider. As an Intershop partner, 5B Technologies offers Intershop e-business solutions to its Global 1000 customers. As an Intershop customer, 5B Technologies uses Intershop's flagship product, Enfinity(TM), internally to drive its own e-commerce initiatives, and is already beginning to see a return on its investment. Intershop Enfinity is an advanced sell-side application for global enterprises, designed to enable companies to sell through multiple, complex sales channels and capitalize on Internet and traditional selling opportunities.
Intershop's products play an integral role in 5B Technologies' ability to provide customers with industry leading e-commerce solutions that support numerous business models, multiple sales channels and integration with affiliate sites and marketplaces. 5B Technologies selected Intershop's e-commerce offerings because they enable 5B Technologies to quickly and easily design and develop highly customized e-commerce solutions for its customers. Intershop Enfinity's open, standards-based architecture also offers high scalability, which is necessary to fulfill the varying size and infrastructure requirements of 5B Technologies' customers.
Based on its success deploying Intershop's solutions for its customers, including Cyfit, Ingenious Designs and Raritan Computer, 5B Technologies selected Intershop Enfinity to power its own e-commerce channel for selling hardware products. The Enfinity solution was quickly and easily deployed, and 5B Technologies now uses it to sell networking and hardware products directly to customers. This new, Enfinity-based, automated sales channel is experiencing rapid customer adoption, and will eventually offer more than 12,000 different products.
"We were able to implement Intershop solutions for a number of our customers, in a very short timeframe, and saw how quickly they realized returns on their investments," said Glenn Nortman, CEO of 5B Technologies. "By automating our sales through Enfinity, we are able to increase revenue, while reducing the time spent on the sales process. Intershop Enfinity's inherent ROI, built-in flexibility and out-of-the-box integration have made it the perfect choice for us and our customers."
"The fact that 5B Technologies chose Intershop as both a customer and a partner is a testament to the strength of the Enfinity solution," said Phil Oreste, president of Intershop Americas. "E-commerce is constantly evolving, and Intershop Enfinity gives 5B and its customers the power to capitalize on all selling opportunities -- whether they be e-marketplaces, Web sites, distributors, traditional retail or emerging channels."
About 5B Technologies Corporation
5B Technologies Corporation is a comprehensive business solutions provider, offering customers a wide range of integrated services, including customized design and development of Internet infrastructure and commerce solutions, information technology consulting, local area network and web site security, systems integration and staffing services. For additional information, the Company can be found on the World Wide Web at www.5btech.com.
About Intershop
Intershop Communications, Inc., is a leading provider of e-business applications for enterprises selling through multiple channels. Intershop's feature-rich e-business applications enable companies to sell direct, through distributors and marketplaces, and integrate with brick and mortar operations. Specifically designed to support the many ways that organizations sell, Intershop's solutions are designed for quick implementation and seamless integration into existing systems. Intershop provides applications and solutions to some of the world's largest enterprises, including Hewlett-Packard, Intel, Motorola, Shell and Time Warner. Founded in 1992, Intershop is headquartered in San Francisco with offices in the U.S., Australia, Brazil, Canada, Denmark, Finland, France, Germany, Hong Kong, Korea, Norway, Singapore, Sweden, Taiwan and the United Kingdom and can be found on the World Wide Web at www.intershop.com.
This press release may contain 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, consumer trends, the level of competition, seasonality, the timing and success of international expansion efforts, risks related to electronic security, possible governmental regulation, and the ability to manage a rapidly growing business. Additional information regarding factors that potentially could affect Intershop's business, financial condition and operating results is included in Intershop's filings with the Securities and Exchange Commission, including in the prospectus dated September 28, 2000, relating to Intershop's public offering of common stock.
NOTE: All trademarks are the property of their respective owners. SOURCE Intershop Communications, Inc.
-0- 02/05/2001
/CONTACT: Jason Klein of Intershop Communications, Inc., 415-844-3886, or j.klein@intershop.com/
/Web site: http://www.5btech.com/
/Web site: http://www.intershop.com/
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