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           5198 W. 76th St. Edina, MN 55439 Phone: 612-830-9042 Fax: 612-830-1154 Web Site: digitalriver.com IPO INFORMATION Filing date: June 12, 1998 Expected IPO date: TBA Proposed ticker: DRIV Exchange: Nasdaq Offering amount: (mil.): $40.3 Underwriters: BT Alex. Brown; BancAmerica Robertson Stephens Hype: "The opportunity to spend money is only a point and click away for cyber-consumers on the Digital River. The company provides electronic commerce services to software publishers and online retail clients, including the creation of Web stores, data mining (used in market research), and merchandising services. Digital River maintains a database of more than 100,000 software products sold and delivered on its electronic software delivery system. The company also has services for fraud prevention, export control, and online registration. The more than 1,350 clients currently riding the Digital River include Lotus Development, Corel, and Cyberian Outpost. President and CEO Joel Ronning owns 25% of the company. " Key People: CEO: Joel A. Ronning CFO: Robert E. Strawman Key Numbers: Fiscal Year-End: December 1997 Sales (mil.): $2.5 1-Yr. Sales Change: 2,127.0% 1997 Income (mil.): $(3.5) Employees: 75  | ||||||||||||
 
        
 
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