Monday October 4, 8:05 am Eastern Time
Company Press Release
SOURCE: Net Perceptions
New Partnership Expected to Deepen Net Perceptions' Penetration in e-commerce; Net Perceptions and Intershop Partnership Underway With oSports.com
MINNEAPOLIS, Oct. 4 /PRNewswire/ -- Net Perceptions, Inc. (Nasdaq: NETP - news), the leading supplier of personalization solutions, today announced a new strategic partnership aimed at further advancing the integration of Net Perceptions' products at top e-commerce sites.
The new relationship with Intershop Communications, Inc. represents another milestone in Net Perceptions' strategy to integrate its e-commerce product with all other leading e-commerce technologies. The first integration of Net Perceptions' personalization technology by Intershop was recently completed for oSports.com, an offshoot of the Sports Collectors Club, the largest retailer of sports memorabilia in the world. The oSports.com web site was launched in late September.
``Intershop's technologies are empowering the next generation of e-commerce -- and we're delighted to be an integral part of their solutions,' said Steven Snyder, Net Perceptions' president and CEO. ``Our plan is to collaborate wherever we can to bring new thinking and understanding to e-marketers about how personalization and other technologies can enhance their online marketing efforts.'
As a first step, Net Perceptions' VP of Business Alliances, George Nader, will join a panel discussion on ``personalization' at the Intershop Open 99 this week in New York. The Intershop Open is the first annual gathering of Intershop's partners, customers and developers a meeting at which many of the industry's leading e-commerce professionals are expected.
In addition, Intershop will be included among exhibitors at the Net Perceptions underwritten Personalization Summit in San Francisco November 12- 14 to stimulate discussion and understanding of the potential of personalization technology solutions in multiple consumer touch-point scenarios.
``We clearly recognize the central role which personalization plays in e- commerce,' said Stephan Schambach, CEO of Intershop Communications, Inc. `` Because this technology is a critical component of the solutions created for our customers, we want to partner with the best and most forward-thinking developers of personalization technologies.'
About Intershop Communications, Inc.
About INTERSHOP Communications, Inc. INTERSHOP Communications, Inc. is the world's leading provider of sell-side electronic commerce software for complete business-to-business and business-to-consumer solutions. INTERSHOP customers include many of the world's largest telecommunications companies and commerce service providers such as AltaVista, BCE Emergis, Bell South, Concentric, Deutsche Telekom, France Telecom, Go2Net, Mindspring, PSINet, Swisscom, Telecom New Zealand, and Ticketmaster Online-CitySearch. Major corporations have chosen INTERSHOP as their enterprise e-business application including 3Com, Bosch, Canon USA, Electronic Arts, Hewlett-Packard, Lufthansa, Mercedes Benz U.S., Nat West, Silicon Graphics, Union Bank Swiss, and Waterstone's Online. To date, INTERSHOP is the global leader in Internet commerce licenses with over 20,000 live licenses and more than 40,000 sold. Founded in 1992, INTERSHOP is headquartered in San Francisco with offices in the U.S., Germany, France, Australia, Canada, Brazil, Sweden and the United Kingdom. For more information, call INTERSHOP at 1-800-736-5197 or send e-mail to sales@intershop.com or visit intershop.com
About Net Perceptions
Net Perceptions is the leading supplier of realtime personalization solutions that enable businesses to market to customers on a true one-to-one basis across multiple touch points. Net Perceptions' solutions increase new and repeat business on the web and in call centers by learning more about each customer's individual needs, tastes and preferences with every interaction, then making increasingly personalized product and service recommendations. Net Perceptions, based in Minneapolis, is a publicly held company which operates additional offices in New York, San Francisco, and England and a joint venture office in Japan. Customers include many of the world's best known brands including: Art.com; Bertelsmann; Billboard TalentNet; CDnow; E!Online, Micron, SkyMall, Tower Records and Ticketmaster Online. For more information about Net Perceptions products visit netperceptions.com or call 800-466-0711.
Forward looking statements and comments in this news release are made pursuant to sage harbor provisions of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transaction and enhance operating results are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the company from time to time with the Securities and Exchange Commission.
SOURCE: Net Perceptions
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