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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: Soothsayer who wrote (836)7/22/1998 8:35:00 PM
From: Soothsayer  Read Replies (1) | Respond to of 2752
 
More good news that I cannot seem to find anywhere but on the DR home page.
Anybody have any current news about the 12 patents? I thought I read some had been approved around the time of the shareholder's meeting.

DIGITAL RIVER TEAMS WITH XEROX SCANSOFT TO
OFFER SPECIAL ONLINE VERSION OF TEXTBRIDGE
PRO 98

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

Minneapolis, Minn. July 22, 1998 - 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.