Digital River Provides Complete e-Commerce Operations for Tucows
Taps Library of More Than 100,000 Software Titles From Digital River's Publisher Network
MINNEAPOLIS--(BUSINESS WIRE)--May 23, 2002--Digital River, Inc. (Nasdaq:DRIV - News), a leading global e-commerce outsource provider, today announced that it is hosting and managing e-commerce operations for Tucows Inc. (OTCBB:TCOW - News), an online software sales leader and leading provider of Internet services to ISPs and Web hosting companies worldwide. Through the e-commerce agreement, Digital River also is providing transaction management in multiple currencies for the site, located at www.tucows.com, as well as electronic and physical product fulfillment, 24x7 customer service, fraud prevention and e-marketing services. The dealer site combines Tucows' library of 30,000 shareware titles with more than 100,000 software products from Digital River's publisher network to provide the ultimate convenience in online shopping.
"Tucows has been an online software sales leader for more than nine years and is now positioned to take its business to the next level by offering a greater selection of software products to its customers," said Jay Kerutis, Digital River's president of Software and Digital Commerce Services. "Digital River is pleased to support Tucows in its efforts to enhance and grow its e-commerce operations. The 32,000 companies that have outsourced their e-commerce operations to us continue to experience the benefits of our world-class infrastructure. Many of these clients also have utilized our proven e-marketing expertise to significantly grow their online revenues."
To help increase software product sales and drive site traffic, Tucows is leveraging Digital River's e-marketing services, including e-mail campaigns, cross-sells and upsells that offer special promotions to online shoppers. Typically, clients using Digital River's e-marketing services realize online revenues that are four times greater than organizations that do not use these services.
"Digital River enables us to offer our customers an industry-leading catalog of software titles and provides us with the capability to offer volume licenses. The volume license feature, which is new to our site, provides businesses with the efficiency of purchasing and downloading a program only once for multiple users within the organization," said Darrell Allen, Tucows' site relations manager. "Digital River also offers an impressive e-marketing track record that will help us proactively market our products and grow site revenues."
About Tucows
Tucows Inc. is a leading provider of Internet services to ISPs and Web hosting companies worldwide. An ICANN-accredited registrar, Tucows provides outsourced domain name registrations for generic and country code top-level domains (TLDs), plus Web certificates. Tucows also distributes software and other digital content through its integrated network of resellers. Tucows offers more than 30,000 software titles in libraries located around the world and operates search and reference media sites including eLibrary, Encyclopedia.com, and NewsDirectory.com. For more information, please visit: tucows.com.
About Digital River, Inc.
Digital River, a leading global e-commerce outsource provider founded in 1994, offers more than 32,000 companies the ability to cut costs and grow their businesses by using its complete e-commerce systems and services. The company's world-class infrastructure and e-marketing services are proven to grow businesses quickly and profitably while reducing risk. Digital River's commerce services include e-commerce strategy, site development and hosting, order and transaction management, system integration, product fulfillment and returns, e-marketing and customer service. Digital River's clients include Symantec, Motorola, Fujitsu, 3M, Siemens, Polaris, Major League Baseball, Novell, Autodesk, SONICblue, Adaptec and Staples.com. 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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Contact:
Digital River, Inc., Minneapolis
Media Contact:
Kristin Mattson, 952/253-8395
kmattson@digitalriver.com
or
Investor Relations Contact:
Al Galgano, 952/253-8406
agalgano@digitalriver.com |
