To: Hope who wrote (1705 ) 5/6/1999 8:49:00 AM From: JakeStraw Respond to of 3198
World InterNetWorks Announces Strategic Alliance with Digital River OREM, Utah, May 6 /PRNewswire/ -- World InterNetWorks, Inc. (OTC Bulletin Board: WINW - news) announced today a 2-year distribution agreement with Digital River Inc. (Nasdaq: DRIV - news), the world leader in electronic software delivery (ESD). Under the agreement, Digital River will provide over 100,000 software titles and use of its proprietary electronic software delivery (ESD) system, enabling all 28,000 WINW distributors to retail and provide their respective clients with some of the most popular titles available. World InterNetWorks will use this relationship as a revenue-sharing opportunity for WINW distributors. Steven Hansen, CEO of WINW, said, ''I am very pleased to be able to offer our distributors the opportunity to build a relationship with such a progressive company as Digital River.'' Details of the revenue opportunity for each of the 28,000 current storefront owners will be released soon along with details of other significant and progressive changes that are currently underway. ''We are excited to provide our extensive database of downloadable titles to WINW,'' said Joel Ronning, Digital River's CEO. ''Through this partnership, we are able to provide a vast amount of distribution outlets for our publisher partners to sell their products through WINW's retail clients -- a winning situation for all parties involved.'' Digital River is one of many alliances that World InterNetWorks has been in negotiations with over the past several months as the company launches its new technologically advanced distributor Web-site, as well as exciting revenue-generating programs for its distributors and storefront owners. World InterNet Works, is an Internet destination providing small businesses and home-based businesses a ''One Stop Internet Solution'' allowing the traditional retail business to become a ''Cyber-business'' with Web-site design and service, Merchant Accounts including a variety of on-line revenue opportunities. Additional information is available at the Corporate web site at www.wiworks.com. Digital River, Inc. based in Minneapolis, is the largest online source of software and a leading outsource provider of Web-based commerce solutions. The company provides more than 5,000 software publishers and online retailers with its proprietary technology for Internet delivery of more than 100,000 digital products, including 30,000 software applications. Visit Digital River's Web site at digitalriver.com . Note: Statements made by World InterNetWorks, Inc. that are not purely historical are forward-looking statements within the meaning of the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve various risks and uncertainties including, without limitation, statements with respect to the company's strategy and prospects. Forward-looking statements are made based on currently available information, and the company assumes no responsibility to update such forward-looking statements. Editors and investors are cautioned that the company's actual results may differ materially from those described in forward-looking statements due to a number of factors including, but not limited to, those factors described in the company's periodic reports filed with the Securities and Exchange Commission. SOURCE: World InterNetWorks, Inc.