PALO ALTO, Calif., & COLOGNE, Germany -- June 30, 2004 -- PGP Corporation, a global leader in digital information security, today announced that it has selected element 5, a wholly owned subsidiary of Digital River, Inc., as its worldwide e-commerce solutions partner. All online purchasing of PGP products and services is now powered by element 5's global commerce systems, including Crystal Reports(R) from Business Objects(R).
"Global reach is critical to our success. This is true in our channel strategy, our market penetration strategies and our numerous partnerships around the world," said Phillip Dunkelberger, president and CEO, PGP Corporation. "Partnering with element 5 will help broaden our global reach and improve operational efficiencies of our online store."
Not only is PGP Corporation using element 5 as its e-commerce partner, but element 5 has also deployed PGP(R) Universal to secure email communications between the company and its customers.
"Data security is a hot topic for our software publisher customers," said Gerrit Schumann, president of element 5. "PGP Universal enables us to confidently offer encrypted email communications to our customers, increasing our overall data security."
PGP Universal
PGP Universal provides practical, wide-scale deployment of secure messaging. By moving email encryption responsibility away from users to the network, encryption, decryption and digital signatures are automatic and user-transparent. Messages are encrypted to individual keypairs and secured even when recipients have no keys. PGP Universal can quickly and cost-effectively secure up to 100 percent of an enterprise's users -- both inside and outside the organization. PGP Universal supports both OpenPGP and X.509 + S/MIME standards and delivers low-cost deployment through its self-deploying, proxy-based architecture. Keys are created dynamically, allowing IT control over bidirectional policy enforcement.
E-commerce Partner Selection Criteria
element 5's e-commerce outsourcing system meets critical PGP Corporation criteria:
-- "Self-service" -- PGP Corporation can add new products and pricing to its Web commerce site directly.
-- element 5 does business in 18 currencies and manages all money conversions.
-- Unlike U.S. banks, element 5 accepts localized payment methods, including local debit and credit cards, wire transfers and more.
About PGP Corporation
A recognized worldwide leader in secure messaging and information storage, PGP Corporation develops, markets and supports products used by a broad installed base of enterprises, businesses, governments, individuals and cryptography experts to secure proprietary and confidential information.
During the past ten years, PGP(R) technology has built a global reputation for open and trusted security products. The PGP Corporation family of products includes PGP Universal -- an automatic, self-managing, network-based solution for enterprises -- as well as desktop, mobile and SDK solutions. Venture funding is provided by DCM-Doll Capital Management and Venrock Associates. Contact PGP Corporation at www.pgp.com or 650-319-9000.
About element 5 Inc. and Digital River, Inc.
element 5 Inc., a wholly owned subsidiary of Digital River, Inc. (NASDAQ: DRIV), is an outsourcing partner for software publishers in more than 150 countries. The company offers e-commerce solutions and marketing services to help publishers increase the worldwide sales of their products over the Internet and through online channel partners.
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, site merchandising, advanced reporting and analytics, product fulfillment, e-marketing and multi-lingual customer service.
