TSQD,,,
Is anyone familiar with meteoric rise CMGI due to their investment in search engine LCOS?
Introducing...... TSQD... The Company is a national direct marketer and distributor of microcomputer hardware and software products primarily for users of Apple Macintosh-Registered Trademark-personal computers and IBM-compatible personal computers. The Company's sales and marketing efforts are currently targeted at desktop publishing, graphic arts and prepress industries through "DTP Direct," its catalog, and at computer dealers and value-added resellers through its distribution business.
Can you say boring.....But guess what.....Did anyone heard about Digital River?
Digital River, Inc., based in Minneapolis, is the world's largest source of software inventory on the Internet. Digital River's proprietary technology for Internet delivery of software and other digital products is now in use by more than 1,100 software publishers and online dealers. The company has 12 patents pending, covering digital delivery, commerce and encryption systems. After adjustment for the sale of stock in the private placement, Tech Squared, Inc. (OTC Bulletin Board: TSQD - news) controls approximately 28 percent and Fujitsu Limited of Japan owns 19 percent of Digital River's common stock. For more information visit the Digital River Web site at digitalriver.com.
OK, now you get?
According to various sources, including thestreet by J.Cramer, Digital River is planning IPO by the end of 1998. Of course, chances of getting pre-market action are zippo!
Well can you imagine if Digital River will put out 8-10 mil shares at $14-17. Then it runs up to $ 21-23 on first day. How do we get in????
Enter TSQD. They own 28% of this hot internet puppy, future high flyer..... Also, TSQD's CEO started the company.
They share the same offices, phones/janitorial/security/reception expenses.....
We are buying it with very long term potential!
Trading float 1.85-2 mil shares. Currently under very heavy accumulation last few days. Did 36+ million in sales for 1997.
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Tech Squared Reports Fiscal 1997 Results
MINNEAPOLIS, April 2 /PRNewswire/ -- Tech Squared Inc. (OTC Bulletin Board: TSQD - news) today reported net sales of $36,995,000 for the year ended Dec. 31, 1997, compared with $37,387,000 for fiscal 1996. The company had a consolidated net loss applicable to common shares of $1,032,000, or 10 cents per share, in 1997 vs. a consolidated net loss of $651,000, or 6 cents per share, in the previous year.
These results include a portion of the losses of Digital River, Inc., an Internet commerce company in which Tech Squared's current effective ownership is approximately 26 percent. Excluding Tech Squared's portion of Digital River's losses, Tech Squared had net income of $344,000 in 1997, compared with a net loss of $203,000 in 1996.
For the three months ended Dec. 31, 1997, net sales were $9,574,000, compared with $10,873,000 for the fourth quarter of 1996. The company had a consolidated net loss applicable to common shares of $320,000, or 3 cents per share, for the fourth quarter of 1997 vs. a consolidated net loss of $255,000, or 2 cents per share, in the same period a year earlier.
Excluding Tech Squared's portion of Digital River's losses, the fourth quarter of 1997 was Tech Squared's sixth consecutive quarter of profitability, with net income of $158,000 vs. $1,000 in the fourth quarter of 1996.
Joel Ronning, chairman and chief executive officer of Tech Squared, said, ''We're pleased with Tech Squared's improved operating performance during 1997, including our improvement in gross profit percentage as a result of improved inventory management and an increase in DTP Direct catalog sales.
''At the same time, we're very excited about the increased revenue and transaction growth of Digital River. Digital River has developed into the world's largest source of software inventory on the Internet over the past year, with more than 100,000 software products in its database. Its client base has grown from about three dozen software publishers and online dealers at the beginning of 1997 to over 1,000 today.''
Digital River reported sales of $2,472,000 for 1997, with $1,328,000 of that occurring in the fourth quarter. That compares with sales of $111,000 for the year ended Dec. 31, 1996, with the greater part of those sales occurring in the fourth quarter of 1996. Digital River's first sale took place in August 1996.
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Fully reporting company: sec.yahoo.com
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More on Digital River:
Photos Etc. Teams With Digital River to Offer Software Sales Online
OTTAWA--(BUSINESS WIRE)--March 10, 1998--Photos Etc. announced today that it has signed an agreement with Digital River, Inc. to offer online shopping at its web site located at www.photosetc.com.
Photos Etc. offers a comprehensive catalogue of products including:
--Over 80,000 royalty-free digital photographs available online --Software from manufacturers such as Adobe, Bitstream, Corel, Lotus, McAfee, MGI Software, Quark, Symantec and Ulead --Graphics, Fonts, Desktop Publishing, and Multimedia products --Business, Database, Engineering, Programming Tools, Network and Communications products --And much more!
Joel Ronning, President and Chief Executive officer of Digital River, said, ''We're pleased to add Photos Etc. to our network of online dealers. Photos Etc. is a great example of a forward-thinking new company that is helping propel electronic software distribution into the mainstream.''
The store allows customers to place downloadable products and packaged software into the virtual shopping cart. Downloadable products are delivered electronically to the customer while packaged software is delivered by a customer-selected delivery method. Photos Etc. accepts all major credit cards and all information is protected and encrypted using the industry standard SSL protocol. Photos Etc. operates 24 hours a day, 365 days a year, allowing customers to shop at their convenience.
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Paragraph PI Technology Partners with Digital River for Online Sales of Handwriting Recognition Product
MINNEAPOLIS, March 5 /PRNewswire/ -- Digital River, Inc., announced today that it has signed an agreement with ParaGraph PI Technology, a Silicon Graphics (NYSE: SGI - news) company, to provide the electronic commerce technology and management for Internet sales of ParaGraph's CalliGrapher(R) natural handwriting recognition software through ParaGraph's Web Site.
ParaGraph's CalliGrapher(R) 5.0 for the Windows(R) CE operating system offers natural handwriting recognition technology for all styles -- cursive, print or mixed. CalliGrapher accurately creates text from script written directly on the screen of any handheld PC.
Joel Ronning, Digital River's president and chief executive officer, said, ''CalliGrapher software represents the kind of innovation and consumer appeal that is fueling the exciting growth of Internet commerce. We're delighted to partner with ParaGraph in making this product easily available to consumers through Internet download.''
Stepan Pachikov, vice president of Silicon Graphics and general manager of ParaGraph PI, said, ''Now that the online software market is taking shape, we are very pleased to partner with one of the frontiers of electronic commerce. The flexible and responsive service of Digital River brings an additional value to the CalliGrapher software.''
Digital River provides software developers and online retailers with the secure delivery technology and infrastructure necessary to effectively market and distribute software products to end users through the Internet.
A subsidiary of Silicon Graphics, Inc., ParaGraph PI Technology develops and markets Digital Ink and networking software products and technologies, including CalliGrapher} handwriting recognition, HodoGraph(TM) compression, and MorphInk(TM) auto-morphing and animation technologies. ParaGraph products are based on the R&D work of ParaGraph International Inc., which was founded in 1989 and was acquired by Silicon Graphics in 1997. For more information, visit the ParaGraph PI site at www.paragraph.com.
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Here is recent news headlines.....
Link: digitalriver.com
Paragraph PI Technology Partners with Digital River ...
Digital River discloses private stock placement ...
Cendant Software signs with Digital River ...
Digital River signs Lotus & IBM ...
World's Largest Inventory ...
Digital River adds Damark International ...
USA Today signs with Digital River ...
McAfee Signs With Digital River ...
Digital River Signs 1000th Client ...
Digital River to Offer Symantec Products ...
Digital River Signs 500th Client ...
Corel Teams with Digital River ...
Digital River names Kelly Wical as Chief Technology Officer
Digital River Raises $4.3 Million ...
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Here is their partial client list.....
link: digitalriver.com
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DIGITAL RIVER INKS DEAL WITH PLATINUM TECHNOLOGY FOR INTERNET DISTRIBUTION OF VRCREATOR PRODUCT
MINNEAPOLIS, April 6 -- Digital River, Inc., announced today that it has signed an agreement with PLATINUM technology, inc., for online distribution of PLATINUM VRCreator 2.0, a new software tool that allows computer users to create interactive 3-D content for the Web, corporate intranets and stand-alone computers.
Digital River provides software developers and online retailers with the secure delivery technology and infrastructure necessary to effectively market and distribute software products to end users through the Internet.
"PLATINUM is at the forefront of the virtual reality market, and we are very pleased to be able to provide an alternative distribution channel that is in the forefront of electronic retailing," said Joel Ronning, Digital River's president and chief executive officer.
PLATINUM VRCreator is based on the Virtual Reality Modeling Language (VRML) 2.0 specifications, the new industry-wide standard for interactive 3-D. The product enables both new and experienced VRML authors to quickly and easily create 3-D VRML 2.0 content, using a drag-and-drop interface. The Gartner Group, a leading information technology research firm, has estimated that the worldwide virtual reality market will reach $1.1 billion in the year 2000.
VRCreator can be purchased from PLATINUM's Web site at www.platinum.com/vrcreator, or at any of Digital River's more than 100 online dealers. Digital River is partnered with PLATINUM to deliver VRCreator both through Internet download and by physical shipment.
CENDANT SOFTWARE SIGNS WITH DIGITAL RIVER FOR INTERNET DISTRIBUTION OF ENTERTAINMENT AND EDUCATIONAL SOFTWARE
MINNEAPOLIS, Feb. 4, 1998 -- Digital River, Inc., announced today that it has signed an agreement with Cendant Software Corporation (formerly known as CUC Software Services Inc.) for the sale and delivery of software products over the Internet through Digital River's network of more than 100 online dealers. Digital River will also provide delivery of many Cendant Software products via full-box copy shipping.
Cendant Software, an operating unit of Cendant Corporation (NYSE: CD), consolidates the sales, distribution and overall management of the corporation's software divisions -- Sierra On-Liner, Inc., Davidson & Associates, Inc., Blizzard Entertainmentr and Knowledge Adventurer.
Digital River provides software developers and online retailers with the secure delivery technology necessary to effectively market and distribute software products to end users through the Internet. The family of educational and entertainment products offered through Cendant includes such widely known titles as Sierra's Print Artistr You Don't Know Jackr and Blizzard Entertainment's Diablor.
"Cendant is one of the largest PC consumer software groups in the world and a pacesetter in entertainment and educational software," said Joel Ronning, Digital River's president and chief executive officer. "We're extremely pleased to team with this array of software market-leaders to offer the advantages of online product delivery and an incremental sales channel outside of standard chain store retailers. This agreement further confirms that the age of electronic software distribution is here."
Doug Neiman, manager of alternative channels for Cendant Software, said, "Our agreement with Digital River offers our customers both full-box values shipped to their home, and quick and easy download delivery of a wide range of productivity, game and educational software titles. We believe that the convenience of quick delivery without compromise in quality makes this form of distribution an attractive purchase option for our customers."
Cendant Corporation is the result of the December 1997 merger between CUC International and HFS Incorporated, creating the world's largest business and consumer services company (based on market capitalization) with a focus on real estate, travel and membership. For more information, the Cendant Corporation web site is located at cendant.com.
DIGITAL RIVER ADDS LOTUS AND IBM SOFTWARE PRODUCTS TO ITS FAST-GROWING ONLINE DEALER NETWORK
MINNEAPOLIS, Feb. 2 -- Digital River, Inc., announced today that it has signed an agreement with Lotus Development Corp. and International Business Machines Corp. for the distribution of Lotus and IBM software products over the Internet through Digital River's network of more than 100 online dealers on the World Wide Web.
"The agreement links two of the most respected names in software development with a powerful new channel for marketing and distributing their products," said Joel Ronning, Digital River's president and chief executive officer. "Digital River's technology provides software publishers such as Lotus and IBM with guaranteed, secure online product delivery -- and an incremental sales channel outside of standard chain store retailers. We're excited to work with Lotus and IBM, a valuable addition to the large number of software publishers that are partnering with us to conduct their electronic commerce."
According to Sheryl Barnes, senior manager of eChannels for Lotus and IBM, "This initiative will accelerate our reach to new online channel resellers who want to market, resell and securely distribute Lotus and IBM software over the Internet."
The number of online dealers and software developers under contract with Digital River has more than doubled since August 1997, and the company now has over 100,000 software products in its database.
Digital River, Inc., based in Minneapolis, is the world's largest source of software inventory on the Internet and has developed technology that allows Internet consumers to buy and instantly download software and other digital products. Currently working with more than 1,100 software publishers and online dealers, the company has 12 patents pending, covering digital delivery, commerce and encryption systems. Tech Squared, Inc. (OTC Bulletin Board:TSQD) controls 37 percent and Fujitsu Limited of Japan owns 26 percent of Digital River's common stock. For more information visit the Digital River Web site at digitalriver.com.
This is how big they are:
DIGITAL RIVER DATABASE NOW HOLDS WORLD'S LARGEST INVENTORY OF INTERNET-DELIVERED SOFTWARE PRODUCTS
MINNEAPOLIS, Jan. 21 -- Digital River, Inc., announced today that it now has more than 100,000 software products in its database -- the largest inventory of Internet-delivered software products in the world.
Digital River has built the inventory over the past 15 months through contracts with more than 1,000 software publishers. In addition to providing these companies with the technology for secure online transactions, Digital River also distributes their products through its network of more than 100 online dealers.
"We have been recognized as the world's largest source of software inventory on the Internet for several months, but passing the 100,000 mark is a milestone for us," said Joel Ronning, president and chief executive officer of Digital River. "Building content is the key to driving revenue on the Web, and the good news is that we've just scratched the surface, so we believe our most exciting growth is yet to come."
Digital River's secure technology and services offer online software publishers and dealers the capacity to generate incremental revenues. Digital River's technology allows consumers to securely buy and instantly download any of the more than 100,000 software products, images, fonts and clipart available on the company's virtually unlimited electronic shelf space.
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OK, it is enough! Got to go now and buy some.....before anybody else!
And remember....this one is a long term hold!!!!!!!!
See ya in the market!
PS. CHECK OUT THEIR WEBSITE AT digitalriver.com. |
