Digital River Wins New Global Software Clients
Launches e-commerce operations for Proxma, RocketStream and TrustPort
MINNEAPOLIS, May 6, 2009 - Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, has signed e-commerce agreements with several new software publishing companies from Europe and North America. The companies are using Digital River's element 5 global e-commerce solution to manage their online businesses.
Digital River's global footprint and results-driven e-marketing services continue to attract software companies from around the world. Some of the new software clients include:
Proxma AG, a leading European software distributor;
RocketStream, Inc., a subsidiary of Voyant International Corporation (OTC-BB: VOYT), and a developer of technologies and solutions to accelerate digital content delivery over IP networks; and
TrustPort a.s., a producer and supplier of security solutions for both corporate and domestic clients.
"In today's challenging economy, companies are placing more emphasis than ever before on meeting aggressive operational and sales goals," said John Strosahl, Digital River's vice president of Europe. "In addition, companies are looking to mitigate their risks, reduce up-front capital and infrastructure expenditures. We can help them meet these objectives on a global basis. We have seen clients using our e-commerce solution increase their efficiency, manage their online businesses more effectively and generate even more impressive online sales results in markets across the globe."
Digital River® e-commerce solutions are designed to help companies confidently build, manage and grow global online businesses. The company's recently enhanced element 5 solution allows clients to easily customize, update and manage the daily tasks on their online shops using a powerful control panel; offers multiple currencies, and payment and billing methods to maximize sales and meet local consumer preferences across the globe; features an extensive range of integrated e-marketing services to help clients proactively generate incremental revenue; and provides flexible reporting and analytics tools to empower companies to quickly and accurately make real-time decisions about their online businesses.
About Digital River, Inc.
Digital River, Inc., a leading provider of global e-commerce solutions, builds and manages online businesses for software and game publishers, consumer electronics 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 management, 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 across the U.S. as well as Brazil, China, England, Germany, Ireland, Japan, Luxembourg and Taiwan. 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 global online sales of Proxma, RocketStream and TrustPort 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 and element 5 are registered trademarks of Digital River, Inc. or its affiliates. All other company and product names are trademarks, registrations or copyrights of their respective owners.
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