MINNEAPOLIS -- March 21, 2005 --Digital River, Inc. (NASDAQ:DRIV), a global leader in e-commerce outsourcing, today announced its plans to expand support for its SoftwarePassport(TM) technology beyond the Windows(R) operating systems to include the Java(TM), Linux(R), Macintosh(R) and UNIX(R) operating systems. With its multi-platform capabilities, Digital River's software publishing clients will find even broader protection for their global online transactions and more licensing options for their consumer and enterprise customers. With its sophisticated marketing and licensing capabilities, SoftwarePassport is designed to enable publishers to not only protect their software, but also market, sell, distribute and track their digital assets across untapped, global online markets.
To support SoftwarePassport's expanded capabilities, Digital River expects to integrate with SafeNet's Sentinel LM, a software-based license management technology. By working with SafeNet, a global leader in information security, Digital River will be able to extend its existing functionality by metering the number of software licenses generated, activated and delivered to a user across an expanded set of software platforms. The multiple platform version of SoftwarePassport is scheduled for release during the spring of 2005.
"We always are looking for new, more effective ways to help our clients generate business in global online markets while at the same time minimizing their costs and risks," said Joel Ronning, Digital River's CEO. "The upcoming release of SoftwarePassport and our use of SafeNet's Sentinel LM will enable us to not only open up the architecture to accommodate a broader range of client needs, but also provide them greater flexibility in their license management options. Moving forward, we will continue to look for new partnership opportunities that allow us to further expand our SoftwarePassport technology and deliver increasing levels of technology sophistication to our clients."
"Digital River is an established leader in e-commerce outsourcing with a robust delivery infrastructure that is well respected in the software industry," said Prakash Panjwani, SafeNet's vice president and general manager of the rights management business unit. "By working together, we believe we can provide the company's software publishing clients with an online delivery solution designed to provide increased piracy protection and several new licensing options for increased revenue. Our joint solution will allow software publishers to concentrate on their core competencies - creating valuable software - while leaving electronic commerce and online protection to the expertise of companies such as Digital River and SafeNet."
About SafeNet, Inc.
SafeNet is a global leader in information security. Founded more than 20 years ago, the company provides complete security utilizing its encryption technologies to protect communications, intellectual property and digital identities, and offers a full spectrum of products, including hardware, software, and chips. ARM, Bank of America, NetGear, the Departments of Defense and Homeland Security, Adobe, Samsung, Texas Instruments, the U.S. Internal Revenue Service and scores of other customers entrust their security needs to SafeNet. For more information, visit www.safenet-inc.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.
