Digital River Launches Supplier Enablement Offering to Support the Sell-Side of E-Marketplaces.

Business Editors & Technology Writers

MINNEAPOLIS--(BUSINESS WIRE)--Feb. 27, 2001

Selects TIBCO Software's Real-Time Infrastructure Solutions for

Back-End System Integration and B2B Connectivity

Digital River, Inc. (Nasdaq:DRIV), a leading global Commerce Service Provider (CSP), today announced the launch of its Supplier Enablement offering, which adds new business-to-business (B2B) e-commerce functionality to support increased demands from mid-market manufacturers and distributors who supply product to some of the world's largest corporations. Digital River will create e-commerce connections to enable suppliers from a variety of industries to connect into e-marketplaces and corporate procurement exchanges powered by Ariba. Today's news is part of Digital River's overall strategy to continue to bolster the B2B capabilities of its global commerce system based on evolving client needs.

To accomplish this, Digital River has incorporated solutions from TIBCO Software Inc. (Nasdaq:TIBX), a leading provider of real-time infrastructure software for e-business. The integration of the TIBCO ActiveEnterprise(R) and TIBCO ActiveExchange(TM) product suites into Digital River's commerce system helps automate business processes and extends seamless connectivity to the trading partners of Digital River's clients.

"While much of the media and investor hype surrounding eMarketplaces focuses on buy-side procurement software and E-nablement of B2B transactions between a company and its direct and indirect suppliers, we believe an equally important focus should be placed on the E-nablement of B2B transactions between a seller (company) and its customers," said Todd Weller of Legg Mason Wood Walker, Inc. in the report, B2B eCommerce: The Rise of eMarketplaces. "In many industries such as computers and electronics, manufacturing, aerospace, and others, businesses are under growing pressure to establish Web-based sales channels to cut selling costs, expand customer reach and revenues, and improve customer service."

Using cXML specifications in support of Ariba's PunchOut convention, Digital River now provides a complete, pre-integrated sell-side supplier enablement solution that supports multi-channel e-commerce. Sell-side quote management processes accommodate buy-side business rules and approval workflows, that then take advantage of Digital River's order management capabilities when buyer approval is granted. The result is a seamless exchange of order data built around the buyer's established procurement rules, allowing the supplier to provide its customers with a dynamic commerce environment, and also offering strong order management, fulfillment and logistics links on the back end for order completion.

"Digital River allows companies to manage a single outsource relationship for all their sell-side e-commerce needs," said Gary Howorka, Digital River's chief technology officer. "Our complete offering provides access to all online channels -- from business-to-consumer to the distribution/dealer chain to procurement, marketplace, and vertical exchange systems. Companies benefit by managing only one vendor relationship and they gain speed-to-market by needing only one e-commerce solution for numerous connections.

"What traditionally has been a very manual process between suppliers and buyers can now be automated quickly and easily with the Internet," continued Howorka. "Suppliers can drive down costs, gain better control of their inventories, and reduce cycle times."

The TIBCO ActiveEnterprise product suite gives Digital River industrial-strength, e-business infrastructure software that helps them tie together their clients' data, applications and business process in real-time. The TIBCO ActiveExchange product suite provides Digital River with the necessary integration tools to efficiently connect its clients with their business and trading partners.

"Successful enterprise application integration is essential for B2B e-commerce," said Fred Meyer, TIBCO Software's chief marketing officer. "Digital River understands the critical importance of speed and scalability and has already solved some of the toughest dilemmas that companies face while developing and deploying their e-commerce systems. Together, our solution is a huge step forward in solving one of the most prevalent problems in buying and selling online."

About TIBCO Software Inc.

TIBCO Software Inc. (Nasdaq:TIBX) is a leading provider of real-time e-business infrastructure software. TIBCO's four product lines - TIBCO ActiveEnterprise(R), TIBCO ActiveExchange(TM), TIBCO ActivePortal(TM) and TIBCO Extensibility(TM) - enable businesses to integrate enterprise applications, interact with other businesses in B2B commerce, and efficiently deliver personalized information through enterprise portals. TIBCO's products enable the real-time distribution of information through patented technology called The Information Bus(R), or TIB(R). TIB technology was first used to digitize Wall Street and has since been adopted in diverse industries including telecommunications, electronic commerce, manufacturing and energy. TIBCO's global direct customer base includes more than 600 customers from around the world such as Cisco Systems, Yahoo!, Ariba, NEC, Enron, Sun Microsystems, GE Capital, Philips, AT&T, Pirelli and AOL/Netscape. Headquartered in Palo Alto, California, TIBCO can be reached at [phone] or on the web at www.tibco.com.

About Digital River

Founded in 1994, Digital River (Nasdaq:DRIV) is a leading global Commerce Service Provider (CSP), offering thousands of companies complete e-commerce systems and services. The company's world-class infrastructure and professional services are proven to grow businesses quickly and profitably while reducing risk. Digital River's commerce services include e-commerce strategy, site development and hosting, order and transaction management, system integration, product fulfillment and returns, e-marketing and customer service. Digital River's clients include Symantec, 3M, Siemens, Hewlett-Packard, Polaris, Novell, Autodesk, Adaptec, Block Financial and Staples. 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 trademarks and registered trademarks are trademarks of their respective owners.

TIBCO, TIBCO ActiveEnterprise, TIBCO ActiveExchange, TIBCO ActivePortal, The Information Bus and TIB are trademarks or registered trademarks of TIBCO Software Inc.