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DRIV news.
Digital River Signs Online Software Distribution Alliance With Mecklermedia's Internet.Com
NEW YORK--(BUSINESS WIRE)--October 8, 1998--
World's Largest Database of Software Products
Now Available Through Internet.com's New Online Software Store
Digital River (NASDAQ: DRIV), the leader in electronic software delivery (ESD), today announced an alliance with Mecklermedia's (NASDAQ: MECK) Internet.com network of Web sites. Internet.com, a leading provider of real-time news and information resources for Internet professionals and Web developers, will now offer Web site visitors the opportunity to purchase software from its new online store, located at software.internet.com. Products sold through the new store will include Digital River's entire inventory of software products, which is made up of more than 120,000 titles from over 1,600 publishers and online dealers.
The alliance with Mecklermedia provides Digital River with another high-profile channel through which its software partners can sell their products to Web professionals. Internet.com sites currently serve approximately 20 million pages to one million unique visitors monthly, attracting some of the most qualified Web developers and Internet professionals who use its resources on a daily basis.
"By offering access to Digital River's online database of software products, we are able to furnish our audience with the ability to purchase products from the largest selection of software available on the Internet," said Alan M. Meckler, chairman and CEO of Mecklermedia. "Additionally, Digital River's e-commerce solutions provide the added value that makes Internet.com a leading resource for news, and now, downloadable software products."
"We are excited about our involvement with a media powerhouse like Mecklermedia," added Digital River CEO, Joel Ronning. "The traffic that Internet.com receives on a daily basis is a key benefit that will help us attract leading software publishing partners. Additionally, our existing partners will have the opportunity to sell more products to an audience that is accustomed to making purchases over the Internet."
About Mecklermedia
Mecklermedia Corporation, "The Internet Media Company," based in Westport, Connecticut, is a leading provider of Internet information through its Internet World and ISPCON trade shows, Internet World weekly and Boardwatch monthly print publications, and the Internet.com network of Web sites at: internet.com, which provides daily news and information resources for the Internet community, as well as ISPCON.com at ispcon.com and Boardwatch.com at boardwatch.com. Mecklermedia also publishes the ISDEX(R), the only 100% Internet stock index featuring 50 leading companies at isdex.com. Mecklermedia's global presence includes Internet World trade shows and licensed publications throughout Canada, Mexico, South America, Europe, the Middle East, Africa, Asia, and Australia.
About Digital River(a)
Digital River, Inc. (NASDAQ: DRIV), 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) 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.
CONTACT:
Jodi Baumann
Digital River
612-253-8396
jbaumann@digitalriver.com
or
Karen Blondell
Technology Solutions, Inc.
212-320-2267
kblondell@tsipr.com
KEYWORD: NEW YORK
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