MINNEAPOLIS — Oct. 13, 2011 — Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, announced a five-year extension to its global e-commerce agreement with Nuance Communications, Inc., a leading provider of voice and language solutions for businesses and consumers around the world. Based on the agreement, Digital River will continue to operate 16 locales for the Nuance Store as well as provide professionally-managed e-marketing programs through its marketForceâ„¢ interactive marketing agency. Spanning France, Germany, Italy, Spain, Hong Kong, Singapore, the U.K. and U.S., among other countries, the Nuance Store offers consumers and businesses localized versions of Dragon Dictateâ„¢, Dragon NaturallySpeakingâ„¢, OmniPage®, PaperPort® and PDF Converter software applications.
“We are deeply committed to partnering with our clients and are constantly introducing new ways to help them expand their businesses and strengthen their end customer relationships on a global basis. Our decade-long relationship with Nuance is a testament to this commitment,” said Tom Donnelly, Digital River’s president and COO.
Supported by their Digital River® Global Commerceâ„¢ solution, which includes Digital River World Payments capabilities, Nuance’s e-commerce operation stretches across multiple business models. These models encompass direct-to-consumer online sales, software trials, subscriptions, training and education stores, and business-to-business (B2B) channel stores.
Nuance is growing global sales across its online channels by setting marketing strategies with Digital River’s marketForce agency. The agency professionally manages a robust mix of search-engine, email, affiliate, display advertising and site optimization marketing programs for Nuance on a global basis.
“With Digital River’s pay-for-performance agency model, we were able to start small and over time expand our managed marketing programs as the agency proved its results and generated sales in global markets for us,” said Ed McGuiggan, vice president for Nuance. “It is this type of partnership that has allowed us to focus on creating leading software solutions while growing our global sales. Digital River’s e-marketing best practices and global e-commerce expertise is a key reason we plan to continue to work with the company in the future.”
About Nuance Communications, Inc.
Nuance is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents. Every day, millions of users and thousands of businesses experience Nuance’s proven applications and professional services. For more information, please visit: nuance.com.
About Digital River, Inc.
Digital River, Inc., a leading provider of global e-commerce solutions, builds and manages online businesses for software and game publishers, consumer electronics manufacturers, distributors, online retailers and affiliates. 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 management, 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 across the U.S., Asia, Europe and South America. For more details about Digital River, visit the corporate website, follow the company on Twitter or call +1 952-253-1234.
In addition to the historical information contained herein, this press release contains forward-looking statements, such as statements containing the words, “will,” “plans,” “intends,” “expects,” and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Digital River, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such factors include, among others: Digital River’s operating history and variability of operating results; competition in the electronic commerce market; the ability of Digital River to support e-commerce sales for Nuance; the market’s acceptance of such offerings; and other risk factors referenced in Digital River’s public filings with the Securities and Exchange Commission.
Digital River is a registered trademark of Digital River, Inc. Nuance, Dragon, and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc. or its subsidiaries in the United States of America and/or other countries. All other company and product names are trademarks, registrations or copyrights of their respective owners.
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