ADVISORY/Media Alert; Joel Ronning, CEO of Digital River, Available to Speak On the Dramatic Shift in Retail Software Sales to the Internet.--(BUSINESS WIRE)-- For example, online retailers like Amazon.com are considering adding software to their offering WHAT: Amazon.com is considering adding software to their offering, thus providing additional avenues for consumers to purchase software over the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . Recent studies show that 20 million people purchased something on the Web in the past 12 months and numbers are only expected to increase in 1999. In particular, the development of ESD (1) (Electronic Software Distribution) Distributing new software and upgrades via the network rather than individual installations on each machine. See ESL. (electronic software distribution) is making a significant impact on e-commerce with online software sales making up 29% of goods purchased on the Internet. WHO: Digital River (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DRIV DRIV Drive (street type) ) is the leading provider of e-commerce and data center management solutions for the secure sale and seamless delivery of software over the Internet. Digital River is at the forefront of creating the dramatic shift in retail software sales to the Internet by facilitating the digital download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. of products to end-users' desktops. The company possesses the world's largest online software inventory with more than 131,000 products for which they manage the sale and download from individual publisher sites, as well as through their network of dealer sites. Joel Ronning, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Digital River, is available all day today, as an expert who can discuss the challenges and opportunities online retailers are facing. WHEN: Friday, November 6th.... Joel Ronning is available anytime today via phone. If you would like to schedule appointments to speak with Mr. Ronning, please call: Karen Blondell at 212-696-2000, ext. 267. Email is kblondell@tsipr.com |
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