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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO. -- Ignore unavailable to you. Want to Upgrade?

To: taffard who wrote (2816)	12/13/1999 8:12:00 AM
From: Saulamanca	Read Replies (1) \| Respond to of 3198

Digital River and Intuit Sign Channel Agreement New Alliance Entitles Digital River to Offer Intuit Products through Digital River's Online Retail Channel MINNEAPOLIS--(BUSINESS WIRE)--Dec. 13, 1999-- Digital River (Nasdaq: DRIV - news), a worldwide leader in e-commerce outsourcing, today announced an online channel agreement with Intuit Inc. (Nasdaq: INTU - news), the leader in e-finance, including financial software and Web-based services. Under the agreement, Digital River will add Intuit financial software solutions to its online database and provide both electronic software delivery and physical delivery of the products through Digital River's top online retailers. Intuit's solutions, such as Quicken® and Quicken TurboTax®, give consumers the power to better manage their financial lives. The company has attained leading market share in personal finance and small business accounting, as well as personal and professional tax preparation and filing. ''Intuit has set new standards in how consumers manage the financial component of their lives and businesses,'' commented Digital River CEO, Joel Ronning. ''The seamless integration of their line of small business products into our database of more than 100,000 digital products further indicates how Digital River's partners immediately experience the efficiencies of Web-based commerce. Through distribution partnerships with Digital River, businesses such as Intuit benefit from our comprehensive network of well-established and successful retail sites.'' About Digital River (a) Digital River is a global leader in e-commerce outsourcing. The company provides more than 5,500 companies with e-commerce services including commerce design, order management, fulfillment, security, direct marketing and customer service. The company develops front-to-back e-commerce solutions for software publishers, online retailers and other large corporations including Fujitsu, Autodesk, Hasbro, Staples, Adaptec, 3M, CompUSA, K-Mart, ScanSoft, Sega, Fox Interactive and Egghead.com. For more information, visit Digital River's 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. Intuit, Quicken and TurboTax are registered trademarks of Intuit Inc. Contact: Digital River Jodi Baumann, 612/253-8396 jbaumann@digitalriver.com or Mindstorm Communications Matt Langan, 212/320-2134 mlangan@mindstormcomm.com biz.yahoo.com