And here is another new news release from DRIV
Friday September 25, 10:53 am Eastern Time
Company Press Release
Digital River Partners With Ilium Software to Streamline Sales of Personal Management Software
MINNEAPOLIS--(BUSINESS WIRE)--Sept. 25, 1998--Digital River (NASDAQ: DRIV - news), which manages the world's largest online database of software products with more than 120,000 titles, today announced a partnership with Ilium Software, of Ann Arbor, Mich., to automate and streamline sales of Ilium's online product offering. Ilium software publishes Windows(R)-based personal information management and game software for handheld, palmsize, desktop and notebook PCs.
Through this agreement, Ilium Software will provide its entire line of personal management and game software directly to end-users electronically from its online store, managed by Digital River. Additionally, products will be made available through Digital River's retailer sites including Download Warehouse and Cyberian Outpost. Prior to the partnership, Ilium sold its products to customers via e-mail.
''Our partnership with Digital River allows us to simplify and speed-up the purchasing process for end-users,'' said Ellen Craw, general manager, Ilium Software. ''This value-added benefit goes hand-in-hand with our strategy to provide products that are designed to simplify day-to-day tasks for consumers.''
Additionally, Digital River will provide comprehensive marketing support aimed to expand and retain Ilium Software's customer base, with initiatives such as direct e-mail campaigns that introduce the new site and offer special pricing on certain products.
''We are excited about providing both our online software distribution and marketing capabilities to Ilium Software,'' added Digital River CEO, Joel Ronning. ''Ilium Software is a great addition to our software offering because its personal information tools and portable utilities allow end-users to simplify everyday tasks - viable products for any busy consumer.''
About Ilium Software
Ilium Software produces and sells award-winning utilities for handheld, palmsize and desktop PCs. Ilium Software's current utilities include eWallet, ListPro, Keep Track, AutoMate, PhoneTone and InScribe. Entertainment packages include GameBag One, eSportsCard and Game Trio. Complete information about Ilium software and its products is available on the Internet at iliumsoft.com.
About Digital River(a)
Digital River, Inc. (NASDAQ: DRIV - news), based in Minneapolis, offers the world's largest online database of software products. The company provides more than 1,600 software publishers and online dealers with its proprietary technology for Internet delivery of more than 120,000 software and other digital products. Tech Squared Inc. (OTC Bulletin Board: TSQD - news) controls 19 percent of Digital River's common stock. For more information visit the Digital River Web site at digitalriver.com.
(a) Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words, ''believes,'' ''anticipates,'' ''expects'' and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others: the Company's limited operating history and variability of operating results; market acceptance of electronic software delivery; the Company's ability to maintain relationships with software publishers and online retailers; competition in the electronic commerce market; and other risk factors referenced in the Company's public filings with the Securities and Exchange Commission. |