Digital River Signs eCOST.com as an Online Retailer in its Sales Network; Enables Retailer to Sell Downloadable Software Catalog
June 23 2005 - 10:12AM
Business Wire
Digital River, Inc. (NASDAQ:DRIV), a global leader in e-commerce
outsourcing, today announced that it signed an online retail
agreement with eCOST.com, a leading online discount retailer of
brand-name merchandise. As a new addition to Digital River's Sales
Network, eCOST.com joins more than one thousand online retail,
content and portal sites in selling buy-now and trial versions of
products from Digital River's extensive downloadable catalog. "Our
end goal is to market our downloadable product catalog in as many
online venues as possible," said Tom Venable, Digital River's
senior vice president of retail sales. "We continue to build
relationships with online retailers and affiliates. By working with
us, they gain access to an already-established, robust downloadable
catalog that they can immediately sell to their customers. The
value position we provide to our channel partners and software
publishers alike is that we can help them cost-effectively open new
incremental revenue streams." The new eCOST.com online software
download store features a wide range of products from Digital
River's downloadable catalog, including brand name virus
protection, Internet security and digital imaging software, as well
as DVD/CD authoring tools, software games, utilities and operating
systems. The downloadable software store, built and hosted by
Digital River, expands the eCOST.com product offering by providing
customers with software that they can immediately begin using after
their purchase. For the online store, Digital River is providing
end-to-end e-commerce services, including payment processing, fraud
prevention, trial downloads and customer service. "We are delighted
to expand our product offering in conjunction with Digital River.
By making available this exciting new category of downloadable
software to our customers, we will enjoy the benefit of adding
thousands of digital products without adding physical inventory,"
said Adam Shaffer, CEO of eCOST.com. "Digital River helped us save
time and simplify the process of creating a new service for our
customers. By working with Digital River, we also can leverage its
relationships with software publishers to drive more revenue for
our company." About eCOST.com eCOST.com is a leading multi-category
online discount retailer of high-quality new, "close-out" and
refurbished brand-name merchandise for consumers and small business
buyers. eCOST.com offers over 100,000 different products from
leading manufacturing partners primarily with online
(http://www.ecost.com) and direct marketing campaigns. eCOST.com is
a NASDAQ listed company (Nasdaq:ECST). About Digital River, Inc.
Digital River, Inc., a global leader in e-commerce outsourcing,
builds and manages online businesses for more than 40,000 software
publishers, manufacturers, distributors and online retailers. Its
multi-channel e-commerce solution, which supports both direct and
indirect sales, is designed to help companies of all sizes maximize
online revenues as well as reduce the costs and risks of running an
e-commerce operation. The company's comprehensive platform offers
site development and hosting, order management, fraud prevention,
export controls, tax management, physical and digital product
fulfillment, multi-lingual customer service, advanced reporting and
strategic marketing services. Founded in 1994, Digital River is
headquartered in Minneapolis with offices in major U.S. and
European cities. For more details about Digital River, visit the
corporate Web site at www.digitalriver.com or call 952-253-1234.
Digital River is a registered trademark of Digital River, Inc. All
other company and product names are trademarks, registrations or
copyrights of their respective owners.
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