Digital River Signs E-Commerce Agreement with BenQ
Hosts U.S. online store for consumer electronics products
MINNEAPOLIS, Nov. 29, 2007 — Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, announced that it signed an e-commerce agreement with BenQ, a top worldwide manufacturer of computer peripherals and consumer electronics (CE), specializing in LCD displays and monitors and DLP® projectors for business and home entertainment. Digital River recently built and launched a U.S. direct-to-consumer online store, located at http://www.benq.us/. Digital River is hosting the e-commerce operations and managing the online sales for the BenQ U.S. site as well as supporting physical delivery of BenQ products.
“Digital River continues to make inroads into the consumer electronics market, working with some of the industry’s leaders,” said Don Peterson, Digital River’s senior vice president of global client development. “With its new U.S. online store, BenQ can continue to extend its brand presence in the U.S. while further catering to its growing consumer base. Our e-commerce best practices and intelligent sourcing engine can help BenQ not only offer its consumers a user-friendly, convenient shopping experience, but also drive sales while reducing operational costs and risks.”
Based on the agreement, Digital River is providing online order management and physical product fulfillment for select BenQ products. The BenQ e-commerce site uses Digital River’s physical fulfillment solution, which automatically determines the optimal warehouse source for physical product delivery based on multiple factors, such as real-time inventory status, cost of goods and shipping costs, through an intelligent sourcing engine. In addition, Digital River is providing BenQ with 24X7 customer service and fraud prevention screening.
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.
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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