Digital River Handles Software Downloads for Enigma Software Group
Plans to sell Enigma software through its Online Sales Network
MINNEAPOLIS, March 8, 2005-- Digital River, Inc. (NASDAQ: DRIV), a global leader in e-commerce outsourcing, today announced that it is providing e-commerce support for Enigma Software Group, Inc. (OTCBB: MXIG), a majority-owned subsidiary of Maxi Group, Inc. that creates and develops Internet privacy protection and computer security software and applications for Internet users. Based on the agreement, Digital River is processing online order transactions and digitally delivering the popular online security and privacy options software purchased from Enigma's online store located at www.enigmasoftware.com and www.adorons.com. Shoppers can purchase Enigma's products by selecting any of the Buy Now buttons located next to the product information throughout the company's e-commerce sites.
According to industry research, approximately half of all American households will have broadband by 2007, said Dave Alampi, Digital River's vice president of marketing. With this infrastructure in place, it is becoming easier and more efficient for consumers to download software. For many consumers and enterprise customers, the digital delivery of software is becoming the preferred method for obtaining software, a capability that has been at the core of our business during the past decade.
Consumers shopping on Enigma's site can find products that remove spyware and adware, protect user privacy, enhance security, promote anonymous surfing and block pop-ups. Featured product titles include SpyHunter, Adorons Anonymous Surfing, Adorons Easy Security and Adorons Firewall. Based on the e-commerce agreement between the two companies, Enigma plans to further expand the visibility of its products by adding them to Digital River's industry leading catalog of downloadable software products. This catalog is available for sale on hundreds of online retail, content and portal sites that comprise Digital River's Online Sales Network. The Network provides Digital River clients an opportunity to generate incremental product sales.
Our experience with Digital River has been very impressive, said Alvin Estevez, CEO of Enigma. Working with Digital River has opened doors to new revenue streams unavailable to us in the past. By outsourcing to Digital River, we can maximize our online market potential while focusing on our core competencies of developing leading-edge products and providing superior service to our customers. We look forward to continuing to work together to market our products through Digital River 's online channels.
About Enigma Software Group, Inc.
Enigma Software Group, Inc. is a Delaware corporation that commenced operations in July of 1999 as a developer of software and Internet-based systems. Enigma develops and markets digital products and services for the consumer market. Enigma is best known for its anti-spyware software product SpyHunter. SpyHunter is distributed exclusively over the Internet by download. Enigma owns and operates over 20 Web sites, including the Internet search engine www.adorons.com. Enigma Software operates within the United States with a worldwide customer base.
About Digital River, Inc.
Digital River, Inc., a global leader in e-commerce outsourcing, builds and manages online businesses for more than 40,000 software publishers, manufacturers, distributors and online retailers. 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, site merchandising, advanced reporting and analytics, product fulfillment, e-marketing and multi-lingual customer service.
Founded in 1994, Digital River is headquartered in Minneapolis with offices in major U.S. and European cities. For more details about Digital River, visit the corporate Web site at www.digitalriver.com or call 952-253-1234.
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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