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ECST Ecost.Com (MM)

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Share Name Share Symbol Market Type
Ecost.Com (MM) NASDAQ:ECST NASDAQ Common Stock
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Digital River Signs eCOST.com as an Online Retailer in its Sales Network; Enables Retailer to Sell Downloadable Software Catalog

23/06/2005 3:12pm

Business Wire


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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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