PLRP, sports fans! They tell me they will have even bigger news next week! I picked up more yesterday. We will also be seeing the announcement of the filing. The audit is complete. I have a friend that will be meeting with PLRP today to verify everything.
Thursday November 11, 7:02 am Eastern Time
Company Press Release
PACEL Corporation Signs Marketing Agreement With Digital
River
MANASSAS, Va.--(BUSINESS WIRE)--Nov. 11, 1999--In their continuous efforts to increase distribution of their software products, PACEL Corp.
(OTCBB:PLRP - news) entered into a marketing and distribution agreement with Digital River, the world's leading E-commerce outsource provider.
Digital River Inc., based in Minneapolis, is the largest online provider of software. Digital River provides more than 5,000 software publishers and
online retailers with its proprietary technology for Internet delivery of more than 100,000 digital products, including 30,000 software products and
applications.
Digital River specializes in the sale and delivery of software products. They have a worldwide delivery network of more than 1,500 specialized online
stores such as COMP USA and Download Warehouse who will offer PACEL's software products on the web.
``We are pleased to extend our channel relationships with the major online retailers to software companies like PACEL,' said Joel Ronning, Digital
River CEO. ``Great products like PACEL's software will now be available to a wider audience through the Digital River network.'
Three PACEL software packages will become available for direct download from over 1,200 online stores: WinSentry, the on-screen security software,
released on the market earlier this year; Zoomer, the electronic magnifying glass that also allows you to save any part of your screen that will see the light
through Direct River channels; and PACEL's lead product for procedure automation, the Visual Writer program suite. The agreement is based on a
commission basis; therefore no investment is required from PACEL.
``With our agreement with Digital River, we avoid the need to enter into many individual marketing arrangements to achieve the same degree of on-line
presence,' said Bryan Hunter, PACEL vice president/COO.
``We expect a substantial growth in sales for our software products based on the magnitude of the Digital River distribution system,' said David
Calkins, president and CEO of PACEL Corp. Furthermore, Calkins adds, ``This agreement is right on time to take advantage of the buying season.'
PACEL Corp. provides the business community with easy-to-use yet powerful software tools that enables companies to improve their workflow
processes and maximize their productivity. PACEL Corp. also offers services in all aspects of systems integration, from requirements analysis to
information systems development and implementation, including: paper to electronic document conversion, systems integration, user training, software
testing, network installation and technical support. In order to offer a complete solution to our clients, PACEL Corp. also supplies built-to-order
computers at competitive prices.
Forward-looking statements in this release are made pursuant to the ``safe harbor' provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the
company's products, competition, new products and technological changes, intellectual property rights and other risks.
For more information, please visit the PACEL Corp. website at pacel.com and our e-commerce subsidiary E-Business.Stor.com Inc. at
ebstor.com |
