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

To: C. McD who wrote (714)	1/12/1999 8:12:00 AM
From: .com	Read Replies (1) \| Respond to of 3198

Digital River Partners With Adaptec to Provide Delivery of Leading SCSI Hardware and Software Tuesday January 12, 7:58 am Eastern Time Company Press Release MINNEAPOLIS--(BUSINESS WIRE)--Jan. 12, 1999--Digital River (NASDAQ: DRIV - news), the leader in electronic software delivery (ESD) with over 131,000 software titles from over 1,300 software publishers, today announced a fulfillment agreement with Adaptec, Inc., a leading bandwidth management technology provider. Through its association with Adaptec, Digital River will manage Adaptec's Online Store (http://www.adaptecstore.com) and related marketing promotions, as well as provide fulfillment services for that activity. ''We are excited to work with a leading ESD provider like Digital River,'' said Faye Pairman, Vice President & General Manager, Channel Sales and Marketing for Adaptec. ''In addition to providing us with electronic delivery of products from our Web store, Digital River brings us expertise in creation of online promotions developed through extensive use of this rapidly growing channel.'' ''Adaptec's mission to provide high performance I/O, connectivity, and leading edge software, mirrors our efforts to provide fast, seamless delivery of software products to end-users' desktops,'' added Joel Ronning, CEO of Digital River. ''We are proud to associate with such a leading provider of bandwidth management software and hardware.'' About Adaptec, Inc. Adaptec provides bandwidth management technologies for organizations building the global information infrastructure. Its high-performance I/O, connectivity, and network products are incorporated into the systems and products of major computer and peripheral manufacturers. Founded in 1981 and headquartered in Milpitas, Calif., Adaptec (NASDAQ: ADPT - news) employs people worldwide in design, manufacturing, sales, service and distribution. Adaptec's home page is adaptec.com. About Digital River(a) Digital River, Inc. (NASDAQ: DRIV - news), based in Minneapolis, offers the world's largest online database of software products. The company provides more than 2,000 software publishers and online retailers with its proprietary technology for Internet delivery of more than 131,000 software and other digital products. 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.