Digital River Launches E-Commerce Operations for Tripwire
Supports global business-to-business software sales
MINNEAPOLIS, June 23, 2009 - Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, announced that it signed a new e-commerce agreement with Tripwire, Inc., a leader in data center compliance and infrastructure management software. Tripwire is working with Digital River to expand its business-to-business (B2B) online sales and e-marketing programs on a global basis. Recently, Digital River launched an online store at http://store.vwire.com, which supports downloads of software trials and purchases of host licenses using the US Dollar, Euro, Australian Dollar and Great Britain Pound.
"The online market continues to be a growth channel for global B2B software providers," said Joel Ronning, Digital River's CEO. "By tailoring our e-commerce solution to meet the global online buying requirements of businesses, we can help software publishers extend the reach of their multi-channel e-commerce operations, expand their sales on a global basis and provide an efficient purchasing means for their key business consumers."
Using a Digital River® e-commerce solution, Tripwire can easily offer business buyers a direct purchasing path and online promotions to software trials and host licenses of vWire™, a virtual infrastructure (VI) management solution. vWire is compatible with the VMware platform, offers a single interface for virtualization management, and gives visibility and control to virtualization engineers to decrease complexity, downtime and operational costs in virtual environments.
"One of the greatest advantages of working with Digital River is that we get all of the benefits of a fully hosted, global e-commerce solution, while still maintaining control over managing the day-to-day content and merchandising of our online store," said Matt Hixson, director, vWire Business Unit for Tripwire. "Partnering with Digital River lets us reach more customers and streamlines the sales process for vWire."
About Tripwire, Inc.
Tripwire is the leader in data center compliance and infrastructure management solutions, building confidence for IT across both virtual and physical infrastructures. Tripwire Enterprise and vWire software help over 6,500 enterprises worldwide meet their configuration auditing, file integrity monitoring, virtual infrastructure management and change auditing needs for IT operations, security and compliance. Tripwire is headquartered in Portland, Ore. with offices worldwide.
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., Asia, Europe and South America. For more details about Digital River, visit the corporate Web site at www.digitalriver.com or call +1 952-253-1234.
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 Tripwire 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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