To: Trumptown who wrote (9974 ) 11/11/1998 12:19:00 PM From: MoneyMade Respond to of 119973
DRIV Digital River and U S West Reach Agreement to Offer 131,000 Software Titles Online MINNEAPOLIS--(BUSINESS WIRE)--Nov. 11, 1998--Digital River and U S WEST !NTERPRISE Networking, the data networking arm of U S WEST, today announced an agreement to sell software over the Internet. U S WEST will make available more than 131,000 software titles and other digital content from Digital River's online inventory to U S WEST.net subscribers. The new agreement supports U S WEST's commitment to providing its subscribers with useful electronic content and solutions, including the purchase and delivery of software over the Internet. U S WEST is also the leader in providing high-speed, always-on access to Internet users using Asymmetric Digital Subscriber Line (ADSL) technology. Its MegaBit Services, which are available today in nearly 40 cities, provides Internet access at speeds from 256 Kbps to 7 Mbps - up to 250 times faster than traditional modems. Increasing the speed and capacity of Internet subscriber lines enhances the development of electronic commerce, and particularly the sale and delivery of software over the Internet. ''Digital River enables us to immediately provide U S WEST.net customers the convenience of purchasing online from a large selection of software titles,'' said Eric Bozich, executive director for new product development - Internet Services for U S WEST !NTERPRISE Networking. ''By augmenting the content and services already available on U S WEST.net, we're expanding the choices and value we deliver to subscribers.'' U S WEST.net subscribers can order software from the U S WEST.net software store managed by Digital River. The vast collection of software offered through Digital River includes titles in business and office productivity; anti-virus software, system accelerators and other utilities; Web tools; games; and the largest selections of stock photography, images and fonts available anywhere. Software is either downloaded electronically, or physically shipped, depending on customer preference. ''U S WEST's leadership in delivering high-speed Internet services provides a unique opportunity for partnership,'' said Joel Ronning, President and CEO of Digital River. ''They bring to the table the resources of a solid telecommunications provider with the technological savvy of a data communications leader. Their efforts to expand user bandwidth using new ADSL technology will revolutionize the Internet industry, and not only make the electronic delivery of large software packages feasible, but commonplace.'' About U S WEST: U S WEST (NYSE: USW - news) provides a full range of telecommunications services -- including wireline, wireless PCS, data networking, directory and information services -- to more than 25 million customers nationally and in 14 western and Midwestern states. More information about U S WEST can be found on the Internet at uswest.com . U S WEST !NTERPRISE Networking is the data networking arm of U S WEST, and can be found on the Internet atuswest.com . About Digital River(a) Digital River, Inc.,(NASDAQ: DRIV - news) based in Minneapolis, offers the world's largest online databases of software products. The company provides more than 2,000 software publishers and online dealers with its proprietary technology for Internet delivery of more than 131,000 software and other digital products. Tech Squared, Inc. (OTC Bulletin Board: TSQD - news) controls 19 percent of Digital River's common stock. For more information on Digital River, visit their website atdigitalriver.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: Digital River Mike Grandchamp 612/253-8892 mgrandch@digitialriver.com or Technology Solutions Karen Blondell 212/696-2000 Ext. 267 kblondell@tsipr.com or U S WEST !NTERPRISE Jon Lentz Networking 303/896-0934 blentz@uswest.com More Quotes and News: Digital River, Inc (Nasdaq:DRIV - news) US West Inc (NYSE:USW - news)DRIV