Digital River Signs International Partnership With Global DirectMail
MINNEAPOLIS--(BUSINESS WIRE)--May 17, 1999-- Leading Electronic Software Delivery Provider Offers
Downloadable Titles To Global Direct's US and UK Online Stores
Digital River (Nasdaq: DRIV - news), the leader in Web-based commerce for digital products, today announced an international partnership with Global DirectMail (NYSE: GML - news), a leading direct marketer of brand name and private label computer, office and industrial products. Under the agreement, Digital River will offer more than 100,000 digital products for electronic delivery through Global's U.S.-based online store at globalcomputers.com, as well as its online stores in the United Kingdom at globaldirect.co.uk and misco.co.uk.
In both the U.K. and U.S. partnerships, Global will significantly enhance its current online offerings and capability to sell downloadable products to its customers. Additionally, Digital River will provide marketing and merchandising services to Global, that highlight product specials.
''Digital River provides us with the ability to deliver the most extensive selection of digital products, including software, directly to consumers' desktops,'' said Bob Dooley, Global DirectMail's Sr. V.P. Sales and Marketing. ''One of the keys to our business strategy is the ability to provide our customers with a broad selection of products from Digital River's inventory. Additionally, by partnering with Digital River, we are able to focus on promoting our online store.''
''We are excited to add a global powerhouse direct marketer like Global to our client base,'' said Joel Ronning, Digital River's CEO. ''This partnership allows us to tremendously expand the sales opportunities for our digital product database and reinforces our leadership position as a comprehensive provider of Web commerce services for online retailers.''
Digital River will handle electronic delivery of digital products and software for Global's U.K. and U.S. operations.
''We are always excited to enhance the delivery channel for our publisher partners in the U.K.,'' said Ian Yarlott, general manager, Digital River's European office. ''By teaming up with Global in the U.K., we are reaching a larger European audience and further demonstrating the global benefits of electronic software delivery. Through this partnership, both Global and Digital River are enhancing their online presence in this region.''
About Global DirectMail Corp
Global DirectMail Corp., which is changing its name to Systemax Inc., has developed an integrated system of branded e-commerce web sites, direct mail catalogs, and relationship marketing to sell private label and name brand PC hardware, related supplies and industrial products to businesses in North America and Europe. With more than $1.5 billion in sales, Global is a Fortune 1000 company that is listed on the NYSE and traded under the symbol GML. As Systemax Inc., the Company will be traded on the NYSE under the symbol SYX.
About Digital River
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.
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.
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Contact:
Matt Langan
Mindstorm Communications
212.320.2245
mlangan@tsipr.com
or
Jodi Baumann
Digital River
612.253.8396
jbaumann@digitalriver.com |
