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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce

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To: MakeAFuss who wrote (752)7/23/1998 10:43:00 AM
From: TokyoMex  Read Replies (2) of 2752
 
(COMTEX) B: Digital River Teams With Xerox ScanSoft to Offer Special
B: Digital River Teams With Xerox ScanSoft to Offer Special Online Version of
TextBridge Pro 98

MINNEAPOLIS, MINN. (July 23) BUSINESS WIRE -July 23, 1998

Full-Feature Version of Leading OCR Software Available for
Download from the Web

Digital River today announced that they have partnered with Xerox
ScanSoft to offer a special version of TextBridge Pro 98 for download
from Xerox's online store. This special version of the award-winning
Optical Character Recognition (OCR) software has been reduced in size
from 35MB to 18MB to make it downloadable.

By removing the multimedia tool which walks first-time users through
the program and Adobe Acrobat, which can be downloaded free from
Adobe's Web site, Digital River and Xerox have created a full-featured
OCR package that can be delivered via Electronic Software Distribution
(ESD).

"Digital River's e-commerce solution gives us the ability to offer our
industry-leading OCR software to anyone who wants to download it," said
Paul Augustyniak, national sales manager at Xerox ScanSoft. "By
creating this special version of the software, users can quickly
download and install TextBridge Pro 98 into their scanner and
experience the complete time-saving benefits of our award-winning OCR."

"We are excited to be helping Xerox join the thousands of software
publishers that are looking to ESD as a viable sales option for their
products," said Joel Ronning, president and chief executive officer of
Digital River. "We believe the future of e-commerce is extremely
promising. TextBridge Pro 98 is a great addition to our inventory of
more than 100,000 digital products." About TextBridge Pro 98

TextBridge Pro 98 is the next generation of OCR scanning software for
Windows 95/98 and NT. Designed for small office/home office and
corporate business users who need to convert paper into PC documents
without retyping, TextBridge Pro helps users add professional-level OCR
functionality to the software that came with their scanners. TextBridge
Pro offers increased accuracy, (up to 82% more accurate than previous
versions), improved duplication of page layout (including pictures and
tables) and allows users to edit their scanned documents with their
word processor, spreadsheet and HTML Web applications. It also offers
novice users simple one-click operation, while providing experienced
users with the tools they need to get accurate OCR results. About
Xerox ScanSoft, Inc.

Xerox ScanSoft, Inc. is a division of Xerox Corporation, a global
enterprise serving the worldwide document processing market. ScanSoft
develops, markets, distributes, and supports software that captures,
communicates and prints documents at the desktop. These software
products incorporate advanced Xerox technologies to improve document
quality and communication, and are marketed through retail and direct
channels and OEM partnerships.

The company is headquartered in Peabody, Mass. with European operations
in Reading, England. ScanSoft has established a myriad of strategic
partnerships with the industry's leading scanner and multifunction
vendors, including Brother, Symantec Corporation, Epson, Canon,
Fujitsu, Linotype-Hell, Logitech, Lotus Development Corporation,
Microtek, Mustek, Primax, Sharp, UMAX and others. About Digital River

Digital River, Inc., based in Minneapolis, offers the world's largest
online database of software products. The company partners with more
than 1,300 software publishers and online dealers to implement its
proprietary technology for Internet delivery of more than 100,000
software and other digital products. The company has 12 patents
pending, covering digital delivery, commerce and encryption systems.
Tech Squared Inc. (OTC Bulletin Board: TSQD) controls 23 percent and
Fujitsu Limited of Japan owns 16 percent of Digital River's common
stock. For more information visit the Digital River Web site at
digitalriver.com.

Xerox and TextBridge are registered trademarks of Xerox Corporation.
All other trademarks are the property of their respective holders.

For additional information on Digital River, please contact Mike
Grandchamp at 612-253-8892.

Press inquiries for Digital River can be directed to Karen Blondell,
Technology Solutions, at 212-696-2000.

Press inquiries for Xerox ScanSoft can be directed to Melanie Fleming
at 978-977-2039.

-0- rg/ny*

CONTACT: Karen Blondell Mike Grandchamp
Technology Solutions Digital River

212-696-2000 612-253-8892
kblondell@tsipr.com mgrandch@digitalriver.com

KEYWORD: MINNESOTA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED PRODUCT Today's News
On The Net - Business Wire's full file on the Internet

with Hyperlinks to your home page.
URL: businesswire.com

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