DGAP-Adhoc: Intershop generates another positive quarterly result

| Source: EQS Group AG EQS Group AG 

Intershop Communications AG / Final Results/Quarter Results

14.02.2008 

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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  - 2007 annual revenues up 55% year-on-year
  - Unrestricted cash up 64% year-on-year
  - Second half of 2007 in profit zone as announced
  - Further strong revenue growth in 2008 expected

Jena, Germany, February 14, 2008 – Intershop Communications AG (Prime
Standard: ISH2) today announced its results for the fourth quarter of 2007
ended December 31, 2007, as well as for fiscal year 2007.
Intershop again generated positive earnings after tax of EUR 0.5 million in
the fourth quarter of 2007. Profit from operating activities before EUR 0.3
million in other operating expenses that the Company incurred by writing
off a receivable from a former executive body member is EUR 0.8 million.
The Company achieved its forecasted profit of more than EUR 1 million for
the second half of 2007.
The net loss for fiscal year 2007 was therefore EUR 2.0 million. This
includes restructuring costs of EUR 2.0 million incurred in the second
quarter and over EUR 0.3 million in other operating expenses from the
fourth quarter.
Intershop has therefore recorded a positive cash flow and profit from
operating activities before restructuring and other one-time operating
expenses for the past three quarters. In fiscal year 2007 the Company has
generated positive earnings of EUR 0.2 before restructuring and other
operating expenses.
Intershop expects its positive trend to continue in fiscal year 2008 at a
level significantly above the industry average. In addition to the
Company’s positive revenue development, improvements in structural
efficiency, and healthy cost base, this forecast is based on the fact that
Intershop has no bank liabilities.

Revenues

In the fourth quarter of 2007, Intershop’s total revenues rose by 48%
year-on-year from EUR 5.5 million to EUR 8.2 million. Total revenues for
fiscal year 2007 increased by 55% year-on-year from EUR 19.8 million to EUR
30.7 million.

License revenues included in total revenues rose by 66%, from just under
EUR 1.0 million in the fourth quarter of 2006 to over EUR 1.6 million in
the fourth quarter of 2007. Full-year license revenues increased by 29%
year-on-year from EUR 4.5 million to EUR 5.7 million.

Service revenues increased by 44% from EUR 4.5 million in the fourth
quarter of 2006 to EUR 6.5 million in the fourth quarter of 2007. The
Company generated EUR 24.9 million in service revenues in 2007 as a whole,
compared with EUR 15.3 million in the prior-year period. This represents an
increase of 63%.

Intershop has only generated online marketing revenues since the third
quarter of 2006. They amounted to EUR 1.7 million in 2006, compared with
EUR 6.0 million in 2007. Accordingly, service revenues excluding online
marketing increased by 39% from EUR 13.6 million in 2006 to EUR 18.9
million in 2007.

Earnings

The result from operating activities (EBIT) was EUR 0.5 million in the
fourth quarter of 2007, after EUR -2.0 million in the prior-year period.
The EBIT margin increased from -36% to +6%. Earnings after tax amounted to
EUR 0.5 million at the end of the last quarter, improving on the loss after
tax of EUR -2.0 million in the fourth quarter of 2006. Earnings per share
were EUR 0.02, compared with a loss of EUR 0.08 per share in the prior-year
period.

EBIT for the year improved from EUR -5.9 million in fiscal year 2006 to EUR
-1.9 million in fiscal year 2007.

In fiscal year 2007, Intershop’s net loss was EUR 2.0 million, or EUR 0.09
per share, compared with a net loss of EUR 6.4 million, or EUR 0.28 per
share, in 2006.

As expected, the positive result of the second half of 2007 was thus unable
to completely offset the losses from the first half of 2007.

Balance sheet and cash flow

Equity rose by 77% in the last twelve months to EUR 12.2 million as of
December 31, 2007. The equity ratio was 52% for the same period, as
compared with 30% as of December 31, 2006.

Cash flow in the fourth quarter of 2007 was again positive. Unrestricted
cash increased from EUR 3.6 million as of December 31, 2006, to EUR 5.2
million as of September 30, 2007, and then to EUR 5.9 million as of
December 31, 2007.Total liquidity (cash and restricted cash) amounted to
EUR 9.9 million as of December 31, 2007, in comparison to EUR 9.3 million
as of September 30, 2007, and EUR 11.2 million on December 31, 2006.

Outlook

Intershop will continue its positive growth trend in 2008. The
restructuring measures have been completed. They already significantly
increased revenues in the second quarter of 2007, leading to gains in both
of the last two quarters. 
Intershop again expects a significantly positive full-year result for
fiscal year 2008.

The full press release relating to this adhoc disclosure is available at
www.intershop.com.






Public Relations:
Dr. Ute Danz
T: +49-3641-50-1000
F: +49-3641-50-1002
pr@intershop.com

Investor Relations:
Annett Koerbs
T: +49-3641-50-1370
F: +49-3641-50-1309
ir@intershop.com



DGAP 14.02.2008 
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Language:     English
Issuer:       Intershop Communications AG
              Intershop Tower
              07740 Jena
              Deutschland
Phone:        +49 (0)3641-50-0
Fax:          +49 (0)3641-50-1002
E-mail:       ir@intershop.de
Internet:     www.intershop.de
ISIN:         DE000A0EPUH1, DE000A0C4ZE3
WKN:          A0EPUH, A0C4ZE
Indices:      CDAX, PRIMEALL, TECHALLSHARE
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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