INTERSHOP Press Release

Intershop Introduces Enfinity 2

Intershop Raises the Bar for Sell-Side E-Business Applications with Intershop Enfinity 2

New York, New York, October 30, 2000 – Intershop Communications, Inc., (NASDAQ: ISHP; Neuer Markt: ISH) a leading provider of sell-side e-business applications, today unveiled Intershop Enfinity 2, the next generation of its advanced sell-side application for global enterprises. Intershop Enfinity 2 is designed to enable companies to sell through multiple, complex sales channels and capitalize on Internet selling opportunities. Intershop Enfinity 2 can be quickly implemented and easily integrated into other systems, both internal and external, including other businesses, hubs, marketplaces and exchanges. Intershop Enfinity 2 supports multiple commerce solutions, enabling companies to sell direct, through distributors and marketplaces, and integrate with brick and mortar operations.

Built on leading standards-based technology, Intershop Enfinity 2 is designed to meet the current needs of a global organization, scale to handle growing business volume, and evolve to address new business requirements and selling opportunities. Intershop Enfinity 2 is the only packaged sell-side application for global enterprises, enabling companies to operate in multiple international formats. Intershop Enfinity 2 provides multi-language and multi-currency features, as well as support for multiple pricing and tax models and other localized features. The new product is available immediately and will be demonstrated today at the second annual Intershop Open Summit in New York.

“With Enfinity 2, Intershop offers the only sell-side application that can be quickly deployed and easily customized, for fast time to market and fast time to profit,” said Stephan Schambach, CEO of Intershop. “Most companies sell through multi-tiered channels, with complex processes. Intershop Enfinity 2 is designed to help companies manage this complexity, adapt to unexpected market shifts, keep pace with growing business needs, and address new business opportunities and emerging channels.”

Intershop Enfinity 2: The Only Packaged Sell-Side Solution for the Global Enterprise
Intershop Enfinity 2 addresses the challenges global enterprises face when selling through multiple channels, with different selling strategies. Intershop Enfinity 2’s design and development was based on extensive market research and feedback from Intershop’s many global customers and partners, spanning a wide range of industries. Targeted at global enterprises that require a powerful sell-side solution, Intershop Enfinity 2 delivers a quickly deployable, high-performance, scalable foundation for selling through multiple channels. Intershop Enfinity 2 also provides a comprehensive solution that can be easily customized by business analysts with little or no programming. With Intershop Enfinity 2, companies can quickly launch a sell-side e-business solution and rapidly adapt processes to meet changing customer and market demands.

Other Intershop Enfinity 2 highlights include:

• Scalability to handle high volumes of traffic, transactions and users, consistently delivering fast download and processing times

• Pre-packaged integrations that connect Intershop Enfinity 2 with Commerce One MarketSite and SAP R/3. (Pre-packaged integrations with Oracle, PeopleSoft and Siebel products will be available soon.)

• Customizable, best practices business templates that guide companies in designing and quickly launching sell-side solutions, for fast time to market and increased profits

• State-of-the-art catalog syndication/publication and management features for creating, maintaining and enhancing complex catalogs that optimize selling opportunities

• Easy-to-use, single-point reporting and analysis features that help companies monitor and measure multiple selling strategies and relationships and determine the most profitable channels and partners

• User-friendly graphical features that enable business analysts to define, customize and manage complex business transactions and processes, such as discount programs for volume customers, shipping and tax calculations, order status and tracking or customized billing for preferred partners and customers

Availability
Intershop Enfinity 2 is available today, on Microsoft Windows NT Server 4.0 and Sun Solaris 2.6, and will be available on HP-UX in November.

About Intershop
Intershop Communications, Inc., is a leading provider of sell-side eBusiness applications for enterprises selling through multiple channels. Intershop's feature-rich eBusiness 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., Germany, France, Australia, Canada, Brazil, Sweden, Finland, Korea, Hong Kong, Singapore and the United Kingdom and can be found on the World Wide Web at http://www.intershop.com.

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© 2000 Intershop Communications. All rights reserved. All trademarks are the property of their respective owners.

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.