To: Superhawk who wrote (463 ) 4/18/1998 10:39:00 PM From: James Mitchell Respond to of 5853
TO ALL: Hope this isn't perceived as off-topic, but I thought it quite pertinent to the conversation. Apologies in advance if I've offended. Friday April 17, 4:12 pm Eastern Time Company Press Release SOURCE: Digital River, Inc. Digital River to Extend Online Distribution of QUALCOMM's Eudora E-Mail Software MINNEAPOLIS, April 17 /PRNewswire/ -- Digital River, Inc., announced today that it has signed an agreement with QUALCOMM Incorporated (Nasdaq: QCOM - news), a leader in wireless communications and advanced electronic messaging solutions for the Internet, to provide Internet distribution of QUALCOMM's Eudora(R) E-Mail software through Digital River's network of more than 1000 online dealers. With an installed base of over 18 million users, the Eudora family of software products is the world's most popular Internet e-mail solution. Digital River provides QUALCOMM with the secure delivery technology and infrastructure necessary to effectively market and distribute its software products to end users via the Internet. ''We are extremely pleased to be a part of Digital River's new distribution venue,'' said James DeBello, vice president and general manager for QUALCOMM's Eudora division. ''We are excited about the opportunity to attract new Eudora software users and expand the ever-growing revenue base.'' Joel Ronning, Digital River's president and chief executive officer, said, ''We're delighted to be partnering with QUALCOMM in the distribution of their award-winning e-mail software. Online distribution is proving to be the channel of choice for a growing number of electronic products, because it delivers directly the point of need -- the consumer's home or office computer. ''Moreover, online distribution eliminates the need for disk or CD production, packaging, returns and shipping expense. It also greatly reduces the amount of time required to get a new or upgraded product on the market.'' About QUALCOMM: Headquartered in San Diego, QUALCOMM develops, manufactures, markets, licenses and operates advanced communications systems and products based on its proprietary digital wireless technologies. In addition to the Eudora family of software products, the company's primary product areas are the OmniTRACS(R) system (a geostationary satellite-based, mobile communications system providing two-way data and position reporting services), CDMA wireless communications systems and products and, in conjunction with others, the development of the Globalstar(R) low-earth-orbit (LEO) satellite communications system. Other company products include ASIC products and communications equipment and systems for government and commercial customers worldwide. For more information on QUALCOMM products and technologies, please visit the company's Web site at qualcomm.com About Digital River: Digital River, Inc., based in Minneapolis, the leading provider of e-commerce and data center management for companies selling software on the Internet, offers the world's largest online database of software products. Digital River has partnered with more than 1,200 software publishers and online dealers to implement its proprietary technology for Internet delivery of software and other digital products. The company has 12 patents pending, covering digital delivery, commerce and encryption systems. As adjusted for a private placement of stock currently in progress, 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 QUALCOMM, OmniTRACS, Eudora, Eudora Pro and Eudora Light are registered trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. All other trademarks are the property of their respective owners.