To: Grary42 who wrote (2310 ) 6/28/1999 8:30:00 AM From: Grary42 Read Replies (2) | Respond to of 3198
DRIV/COMS news. How important is this? Opinions? Digital River Provides 3Com With the Ability to Deliver Modem Upgrades Via the Web Business Wire - June 28, 1999 08:19 MINNEAPOLIS--(BUSINESS WIRE)--June 28, 1999--Digital River (Nasdaq: DRIV), the leader in electronic software delivery (ESD), today announced a partnership agreement with 3Com Corporation (Nasdaq: COMS), a leading provider of innovative information access products and network system solutions. Under the agreement, Digital River will provide 3Com's customers with the ability to download modem upgrades for 15 different models of 33.6K to 56K modems. Digital River developed a Web-commerce platform to interface with 3Com's sophisticated Internet Upgrade Wizard and deliver 56k upgrades via the Web. This unique capability allows 3Com customers to easily enhance their Internet access speeds and capabilities, as well as obtain feature enhancements and code updates. The new upgrade system is replacing a direct dial system, which was only available in countries that had dedicated dial-in servers. The 3Com Internet Upgrade Wizard leverages the users' existing Internet connection, making it a globally accessible system. "With Digital River managing the electronic delivery of our product enhancements, we are able to securely deliver modem upgrades anywhere Internet access is available," said Salim Ling, VP of Product Management & Product Marketing for the Personal Connectivity Division of 3Com. "Digital River's leadership in providing the seamless delivery of software over the Internet and secure purchases made them a logical partner to manage the processing and downloads of modem upgrades for our customers." "We are excited to partner with a leading, global supplier of information access products like 3Com," said Joel Ronning, Digital River, CEO. "Companies like 3Com are proponents of resolving bandwidth issues to make the Internet an environment for the efficient exchange of information -- something Digital River endorses 100 percent." About 3Com Corporation With more than 200 million customers worldwide, 3Com Corporation connects more people to information in more ways than any other networking company. 3Com delivers innovative information access products and network system solutions to large, medium and small enterprises; carriers and network service providers; PC OEMs; and consumers. 3Com - More connected(TM). For further information, visit 3Com's World Wide Web site at 3com.com or the press site at 3com.com . About Digital River Digital River, Inc. (Nasdaq: DRIV), based in Minneapolis, is the largest online source of software and a leading outsource provider of Web-based commerce solutions. The company 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. For more information, visit Digital River's Web site at digitalriver.com . Note: 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.