DRIV News:
ScanSoft Extends ESD Partnership With Digital River to Provide Download Capabilities for Entire Product Line
MINNEAPOLIS--(BUSINESS WIRE)--April 9, 1999--Digital River (Nasdaq: DRIV - news), the world leader in electronic software delivery (ESD), today announced it has extended its relationship with ScanSoft Inc., (Nasdaq: SSFT - news), to include the sale and delivery of all of ScanSoft's products through the Internet. ScanSoft, Inc., formerly a subsidiary of Xerox Corporation, is a leading provider of digital imaging and OCR software for retail, OEM and corporate markets.
Due to the positive customer response to ScanSoft's first downloadable product, TextBridge Pro 98, which Digital River began distributing in July 1998, ScanSoft is extending its ESD offering to include their Pagis(TM) Pro (PC only), PaperPort(TM), and Visual Explorer(TM) product lines in both PC and Mac, as well as a trial version of TextBridge Pro(TM) 9.0, scheduled for release on April 12.
''Since we first began working with Digital River, our foray into e-commerce has been very positive,'' said Steve Ricketts, vice president of marketing for ScanSoft, Inc. ''The added exposure that we gain through Digital River's retail channel is yet another benefit of this partnership.''
''Digital River makes it easy for both the customer to download the software they need and for a partner like ScanSoft to get their e-commerce site up and running with ESD capabilities,'' said Joel Ronning, CEO of Digital River. ''The success that ScanSoft has had is proof that ESD is the way customers are purchasing, and businesses are selling their wares. Partnering with Digital River, is a very simple way to gain a competitive edge.''
About ScanSoft, Inc.
ScanSoft, Inc. (Nasdaq: SSFT - news) develops, markets, distributes and supports software that captures, communicates and prints documents at the desktop. These software products incorporate advanced technologies to improve document quality and communication, and are marketed through retail and direct channels and OEM partnerships. ScanSoft's mission is to become the leading supplier of personal computer scanning software products for organizing, editing, and communicating documents and photos. The company's current flagship products, TextBridge Pro, PaperPort, and Pagis Pro, are award-winning examples of innovative scanning software that meets the demands of the rapidly growing user base. The company is headquartered in Peabody, MA, with European operations in Reading, England.
ScanSoft, Inc. has established numerous strategic partnerships with the industry's leading scanner and multifunction vendors. Vendors who have chosen ScanSoft's cutting edge OCR technologies to incorporate into their own product offerings include Brother, Symantec Corporation, Epson, Canon, Fujitsu, Linotype-Hell, Logitech, Lotus Development Corporation, Microtek, Mustek, Primax, Sharp, UMAX, Visioneer and others. ScanSoft continues to cultivate and develop strategic partnerships to deliver the most comprehensive and cost-effective solutions for its customers.
About Digital River
Digital River, Inc., (Nasdaq: DRIV - news), based in Minneapolis, offers the world's largest online databases of software products. The company provides more than 2,500 software publishers and online retailers with its proprietary technology for Internet delivery of more than 100,000 digital products, which includes 30,000 software applications. For more information, visit Digital River's Web site at digitalriver.com.
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.
For further ScanSoft product and company information, visit us on the World Wide Web: www.scansoft.com. Pagis, TextBridge, PaperPort, PaperPort Deluxe and Scanner Suite are registered trademarks or trademarks of ScanSoft, Inc. All other trademarks are the property of their respective holders.
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Contact:
Jodi Baumann Karen Blondell
Digital River Technology Solutions
612.253.8396 212.696.2000 x267
jbaumann@digitalriver.com kblondell@tsipr.com |
