Offers small to mid-sized enterprises their own e-commerce sites developed to increase efficiencies and revenues
MINNEAPOLIS, MN, February 19, 2002 - Digital River, Inc. (NASDAQ: DRIV), a leading global e-commerce outsource provider, and SPS Commerce Inc., the leading Supply Chain Integration Service provider, today announced an alliance. By leveraging Digital River`s outsourced e-commerce system, the companies are offering an expanded suite of e-commerce products and services to the thousands of small to mid-sized enterprises (SME) that SPS serves. The integrated service offering will meet the quick time-to-market and cost requirements of the SME market and allow SPS clients to have their own, affordable e-commerce sites, designed, hosted, and operated by Digital River. The alliance will open new e-commerce channels for SPS clients while broadening market opportunities for both Digital River and SPS.
SPS clients using Digital River`s outsourced e-commerce system will be able to streamline the purchasing, fulfillment and delivery of products to their consumers. SPS clients will also be able to broaden their access to retailers selling through online direct-to-consumer channels. SME suppliers can easily exchange data and images with retailers who post product photos and descriptions on the Internet to stimulate online purchases.
"We are pleased to be working with SPS Commerce in meeting the e-commerce needs and business requirements of small to mid-sized buyers and suppliers in today`s marketplace," said Joel Ronning, Digital River`s CEO. "We can help these companies successfully leverage and web-enable important offline business relationships and processes. Digital River is an expert in building and managing e-commerce channels that drive efficiencies and generate revenues. The breadth and depth of our experience can be found in the successes of the more than 13,000 companies that have outsourced their e-commerce operations to us and the millions of dollars in transactions that we manage on their behalf."
Similar to other services available through SPSCommerce.net, Digital River`s outsourced e-commerce system requires no upfront investment in hardware, software or staffing. The joint offering is priced at an affordable and predictable monthly subscription rate.
"We are excited about our partnership with Digital River because of the company`s proven ability to serve SMEs in a hosted service environment," said Archie Black, CEO of SPS Commerce. "The relationship with Digital River demonstrates our commitment to add more value to our SME customers by partnering with organizations that share our philosophy of effective and affordable solutions designed specifically for smaller businesses. The integration of Digital River`s e-commerce system into our services will contribute to the success of our customers` e-businesses and the growth of our SME community."
About SPS Commerce, Inc.
SPS Commerce is the leading Supply Chain Integration Service provider. The company specializes in helping large enterprises optimize their supply chains by providing transaction management, application integration and supply chain services to their small- and mid-size trading partners via a hosted Internet service. It has helped key enterprises, including W.W. Grainger, Kmart, Target Corp., REI and Dura Automotive, electronically enable and integrate over 35,000 small and mid-sized trading partners into their e-supply chain. SPS Commerce is headquartered in St. Paul, MN. For more information, visit the company at www.spscommerce.com or call (651) 603-4400.
About Digital River
Founded in 1994, Digital River is a leading global e-commerce outsource provider, offering more than 13,000 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, Motorola, Fujitsu, 3M, Siemens, Polaris, Major League Baseball, Novell, Autodesk, SONICblue, Adaptec and Staples.com. 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. SPS Commerce is a registered trademark of SPS Commerce, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.
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