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Press Releases
Hong Kong, March 22, 1999 - Federal Express Corp. (FedEx), the world's largest
express transportation company, and Intershop Communications, a
world-leading provider of electronic commerce software, today announced
a strategic alliance.
This alliance will make Intershop the preferred e-commerce solutions
provider for FedEx in the Asia Pacific region. FedEx will offer
their customers in Asia Pacific, Intershop's eCommerce software
fully integrated with FedEx's custom integration of shipping and
tracking via the FedEx Passport software.
The combination of the Intershop e-commerce platform with FedEx's
custom solutions will enable FedEx's customers to expedite the order/delivery
process, eliminate the middleman and significantly reduce overhead.
FedEx's online customers will benefit from the convenience of an
easy-to-use interface for calculating shipping costs in real-time
and tracking the status of their shipment instantly. These solutions
also provide public key encryption software to protect confidential
information and data integrity.
"This is a strategic initiative for Intershop because it allows
us to offer customers integrated fulfillment services and electronic
commerce as a complete solution," said Petra Vorsteher, vice president
of business development and strategic alliances for INTERSHOP. "FedEx
has always been a visionary e-commerce partner and one of the first
shipping companies to recognize the importance of online shopping.
We're proud to be in an alliance with FedEx, a market leader in
global express transportation."
"This alliance will empower Internet merchants and shoppers worldwide
with the ability to realize the full potential of e-commerce - convenience
and efficiency," said William L. Conley, Vice President of Electronic
Commerce and Customer Service, FedEx Asia Pacific. "Internet shoppers
will now be able to track their shipment status directly from the
online store, and have the power to choose the service that best
meets their individual needs. This is yet another way we provide
customers with innovative solutions that will help them conduct
their businesses more reliably."
About Federal Express
FedEx currently serves more than 30 countries and territories
in the Asia Pacific market with approximately 5,000 employees. The
company provides the most extensive trans-Pacific airlift of any
major competitor. Operating its own wide-bodied MD-11, DC-10 and
A310 aircraft, FedEx offers over 260 flights per week to the following
Asian locations: Bangkok, Beijing, Cebu, Hong Kong, Jakarta, Kaohsiung,
Kuala Lumpur, Manila, Osaka, Penang, Seoul, Shanghai, Singapore,
Subic Bay, Sydney, Taipei and Tokyo.
Federal Express, a subsidiary of FDX Corp., connects areas that
generate 90 percent of the world's gross domestic product in 24
to 48 hours with door-to-door, customs cleared service and a money-back
guarantee*. The company's unmatched air route authorities and infrastructure
make it the world's largest express transportation company, providing
fast, reliable and time-definite transportation of more than 3 million
items to 211 countries each working day. FedEx employs more than
145,000 employees and has more than 44,400 drop-off locations, 624
aircraft and 42,800 vehicles in its integrated global network. The
company maintains electronic connections with more than a million
customers via FedEx PowerShip®, FedEx Ship®,
and FedEx interNetShip®. FedEx reported revenues
of US$13.3 billion for its fiscal year ended May 31, 1998. FDX Corp.,
a US$16 billion holding company, provides comprehensive transportation,
logistics, and supply chain management solutions on a worldwide
scale.
About Intershop Communications, Inc.
Intershop Communications, Inc. is one of the world's leading providers
of electronic commerce software, offering both standard and custom
tools for developing complete business-to-business and business-to-consumer
solutions. Intershop supplies e-commerce solutions to major telcos
such as Mindspring, BCE Emergis, Bell South, Deutsche Telekom, Swisscom
and New Zealand Telecom, to more than 100 ISPs and 600 resellers
worldwide. To date, Intershop has sold more than 9,000 Internet
store licenses. Founded in 1992, Intershop is headquartered in San
Francisco with offices in the U.S., Germany, France, Australia,
Canada, Brazil and the UK.
* Certain restrictions apply
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