To: tobin sears who wrote (326 ) 5/13/1999 8:21:00 PM From: burner Read Replies (1) | Respond to of 488
News from Digital River: This affects us! Thursday May 13, 2:24 pm Eastern Time Company Press Release Digital River Makes It Easy for Consumers to Download Computer Games With I-stream Technology New Download Manager From Digital River Provides More Incentives for Game Publishers to Open Online Stores LOS ANGELES--(BUSINESS WIRE)--May 13, 1999-- Digital River (Nasdaq: DRIV - news), the worldwide leader in electronic software delivery (ESD), is addressing the gaming industry's need for effective download technology to enable the electronic delivery of computer games at this year's Electronic Entertainment Expo (E3). Digital River's new i-stream (SM) download manager is a free utility that helps customers manage and simplify the download process of software and other digital products. I-stream provides assistance for all downloads and is available on the end user's task bar to manage downloads from any Digital River-operated Web commerce site. I-stream provides users with thorough instructions at every step of the download process, and automatically installs the game on the user's desktop. When gamers download a game using Digital River's i-stream, they have the capability to temporarily cancel a download and resume at a later time. This feature is particularly valuable in situations where a power outage or system failure occurs - causing the computer to shut down - because i-stream will restart the download from the last byte transferred. Digital River CEO Joel Ronning comments, ''I-stream saves consumers a substantial amount of time, and makes it easier for them to purchase and receive digital products electronically. We have also incorporated a log into i-stream that captures and tracks every downloaded file on a user's computer, helping consumers manage their own systems more efficiently.'' About Digital River (a) Digital River, Inc. (Nasdaq: DRIV - news), 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 products and applications. For more information, visit Digital River's 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: Digital River Jodi Baumann, 612/253-8396 jbaumann@digitalriver.com or Mindstorm Communications Matt Langan, 212/320-2134 mlangan@tsipr.com Digital River is attending the E3 conference in LA. Clement is in LA for business and a TV interview and maybe a LA Times interview. I am thinking announcement soon! Dan