Digital River Provides Global E-Commerce Support for SnapStream Media; Hosts New Online Stores Localized for the French, German and U.K. Markets
Digital River Provides Global E-Commerce Support for SnapStream Media; Hosts New Online Stores Localized for the French, German and U.K. Markets
MINNEAPOLIS Aug. 29, 2005--Digital River, Inc. (NASDAQ:DRIV), a global leader in e-commerce outsourcing, today announced it is providing e-commerce support for SnapStream Media, Inc., a leader in digital home entertainment products. To help SnapStream extend its international online marketing and sales efforts, Digital River is providing localized e-commerce solutions for SnapStream's new German, French and U.K. sites. On the new sites, which feature SnapStream's popular Beyond TV(TM) digital video recording software, consumers can shop in their local language and make purchases in their local currency.
"As growth rates in international online markets continue to outpace U.S. markets, more and more companies are looking overseas to generate incremental revenue streams," said Dave Alampi, Digital River's vice president of marketing. "Our e-commerce infrastructure and services are built to help companies take advantage of these emerging market opportunities, creating fully localized shopping experiences for their customers. Our ability to handle the difficult tasks and risks associated with running a global online business - including localized languages, global tax compliance, regulatory controls and multi-lingual customer service - has become an asset for our clients and the company."
In addition to supporting German, French and English languages and currencies, SnapStream's new sites offer localized payment methods, including wire transfers and debit card processing. Digital River is hosting the online stores as well as providing online order management, fraud prevention, reporting, digital product fulfillment, e-marketing and localized customer service. The sites are located at http://www.snapstream.fr, http://www.snapstream.de, and http://uk.snapstream.com/.
"We were looking for an efficient and cost effective way to expand our online presence in international markets," said Rakesh Agrawal, SnapStream's president and CEO. "Digital River offered us an end-to-end solution that addressed our growing technology and market requirements as well as catered to the needs of our international customer base."
About SnapStream Media, Inc.
SnapStream Media, Inc. is a leading developer of digital entertainment products based in Houston, Texas. SnapStream Media's vision is to create high-quality consumer entertainment experiences that leverage PC technology. The company's digital video recording (DVR) software, Beyond TV(TM), received PC Magazine's Product of the Year Award in December 2004. It was referred to as "an idea whose time has come" by the Associated Press and declared "better than TiVo" by Maximum PC. Interested parties can find more information about SnapStream Media and its products at www.snapstream.com.
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. cities as well as London and Cologne, Germany. 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. Beyond TV is a trademark of SnapStream Media, Inc. All other company and product names are trademarks, registrations or copyrights of their respective owners.
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