Digital River Signs E-Commerce Agreement with Wizards of the Coast
MINNEAPOLIS, April 23 2008 — Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, announced that it signed an e-commerce agreement with Wizards of the Coast, Inc., a subsidiary of Hasbro, Inc. and leader in trading card games, role-playing games, and shared-world fantasy fiction. Based on the agreement, Digital River will provide e-commerce services to support the online marketing and sale of popular Wizards of the Coast software games in North America. The companies expect the online store to launch during the summer of 2008.
"Games remains a strategic growth market for us. By leveraging our global e-commerce experience and platform and adding specialized features and functionality important to this market, we continue to attract major game publishers with leading brands," said Joel Ronning, Digital River’s CEO. "Our new relationship with Wizards of the Coast – helping them market popular titles like Dungeons & Dragons – is another sign of our ability to excel in this space."
About Digital River, Inc.
Digital River, Inc., a leading provider of global e-commerce solutions, builds and manages online businesses for more than 40,000 software publishers, consumer technology manufacturers, distributors, online retailers and affiliates. Its multi-channel e-commerce solution, which supports both direct and indirect sales, is designed to help companies of all sizes maximize online revenues as well as reduce the costs and risks of running an e-commerce operation. The company’s comprehensive platform offers site development and hosting, order management, fraud prevention, export controls, tax management, physical and digital product fulfillment, multi-lingual customer service, advanced reporting and strategic marketing services.
Founded in 1994, Digital River is headquartered in Minneapolis with offices in major U.S. cities as well as Cologne, Germany; London, England; Shannon, Ireland; Luxembourg, Luxembourg; Taipei, Taiwan; Tokyo, Japan; and Shanghai, China. For more details about Digital River, visit the corporate Web site at www.digitalriver.com or call 952-253-1234.
Forward-looking Statement
In addition to the historical information contained herein, this press release contains forward-looking statements, such as statements containing the words, "will," "plans," "intends," "expects," and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such factors include, among others: the Company’s operating history and variability of operating results; competition in the electronic commerce market; the ability of the Company to support the online sale of Wizards of the Coasts’ products; the market’s acceptance of such offerings; and other risk factors referenced in the Company’s public filings with the Securities and Exchange Commission.
Digital River is a registered trademark of Digital River, Inc. All other company and product names are trademarks, registrations or copyrights of their respective owners.
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