ModusLink Launches eStarter Storefront Based on Intershop Platform

Today ModusLink Corporation, a wholly owned subsidiary of Steel Connect, Inc. and a leading global provider of digital and physical supply chain solutions, along with leading independent commerce software provider Intershop, announced a new joint offering – the eStarter Storefront. Based on Intershop’s market-leading technology, Intershop Commerce Suite, eStarter Storefront offers a secure, scalable and economical solution for companies that want to establish their digital sales channel in as little as four weeks. With an internationally operational shop, organizations can address their customers with individually tailored products and offers, and process transactions quickly and securely without having to invest in their own infrastructure and personnel. Without the need for time- and cost-consuming implementation projects, eStarter Storefront offers unique customer interactions from purchasing to order processing to service.

Developing an e-commerce store can be daunting. With eStarter Storefront, ModusLink manages the back end work of installation, integration and all technical operation, freeing the customer organization’s time and resources to be dedicated to its core business. The solution is hosted in data centers with the highest security standards and operates on Microsoft Azure. Relevant e-commerce processes and functionalities are available for B2C and B2B organizations.

“The partnership between ModusLink and Intershop has been a true success story,” said Axel Köhler, CSO of Intershop. “It is fundamental in the already well-established SaaS-based end-to-end solution. I’m certain that complementing this offering will create even more ease for companies new to this market, and will add new chapters to this story.”

“While we have been working with many businesses that have mature commerce solutions, we also partner with companies new to the digital sales channel,” said Michel da Silva, General Manager of e-Business at ModusLink. “This new offering helps our customers streamline as they integrate digital into their businesses. Not only is the inception simplified, but as the businesses grow there are built-in steps and sophisticated options to help along the way – both in terms of the e-commerce shop and the required logistics. This way we can support companies at every stage of their development strategy.”

To learn more about the eStarter Storefront, visit the web page.

About ModusLink Corporation

Steel Connect, Inc. is a publicly-traded diversified holding company (Nasdaq Global Select Market symbol "STCN") with two wholly-owned subsidiaries – ModusLink Corporation and IWCO Direct – that have market-leading positions in supply chain management and direct marketing.

ModusLink Corporation provides digital and physical supply chain solutions to many of the world's leading brands across a diverse range of industries, including consumer electronics, telecommunications, computing and storage, software and content, consumer packaged goods, medical devices, retail and luxury, and connected devices. With a footprint spanning North America, Europe and Asia Pacific, the Company's solutions and services are designed to improve end-to-end supply chains in order to drive growth, lower costs, and improve profitability.

IWCO Direct is a leading provider of data-driven marketing solutions that help clients drive response across all marketing channels to create new and more loyal customers. It is the largest direct mail production provider in North America, with a full range of services including strategy, creative, and production for multichannel marketing campaigns, along with one of the industry's most sophisticated postal logistics strategies for direct mail.

For details on ModusLink Corporation’s solutions visit www.moduslink.com, read the company’s blog for supply chain professionals, and follow on LinkedIn, Twitter, Facebookand YouTube.

For details on IWCO Direct visit www.iwco.com, read the company's blog, "Speaking Direct," or follow on LinkedIn, Twitter, and Google+.

About Intershop

Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of ModusLink and 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: either company’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180517005232/en/