Core Competencies in E-Commerce, CRM and Fulfillment/Logistics Will Create a Seamless Customer Experience
MINNEAPOLIS--April 11, 2001-- Digital River, Inc. (Nasdaq:DRIV), a leading global Commerce Service Provider (CSP), today announced an alliance with IM-Logistics, a division of Ingram Micro, the largest global wholesale provider of technology products and supply chain management services. Combining Digital River`s industry-leading e-commerce products and services with IM-Logistics` end-to-end fulfillment and logistics services, the alliance offers manufacturers and retailers a comprehensive global e-commerce and product delivery solution.
"An important part of Digital River`s on-going business development strategy is establishing strategic alliances with best-of-breed partners who can support our e-commerce system and provide specialized capabilities," said Joel Ronning, Digital River`s CEO. "Our alliance with IM-Logistics gives our clients access to a fulfillment partner that is known for its extensive fulfillment capabilities, proven logistics engine, rapid, error-free delivery and wide-ground delivery reach."
Digital River and IM-Logistics work together to provide companies with a faster time-to-market, reduced costs and less risk in building a seamless e-commerce operation and fulfillment solution. Digital River`s e-commerce interface will display up-to-date shipping information from IM-Logistics so customers making purchases over the Internet can access timely data during the transaction process. The agreement promises to broaden market opportunities for both companies in the IT hardware, software, consumer electronics and manufacturing categories.
"Ingram Micro`s alliance with Digital River combines the services of two industry leaders to deliver an unparalleled and flexible e-commerce operation and fulfillment solution to customers," said Michael Terrell, senior vice president and general manager, IM-Logistics, Ingram Micro U.S. "IM-Logistics and Digital River can leverage their strong relationships with mutual customers and areas of expertise. For companies migrating to the e-commerce space, it means a new and superior commerce option for getting products into the hands of the right people at the right time."
About IM-Logistics
Established in June 2000 as a division of Ingram Micro U.S., IM-Logistics provides end-to-end order fulfillment, logistics and supply chain solutions to manufacturers, retailers and e-tailers of technology and consumer electronics products. IM-Logistics leverages Ingram Micro`s 20-year track record in order management and fulfillment to drive efficiency in the supply chain and ensure companies can meet customer demand effectively. As the logistics engine behind Ingram Micro, the division achieves a better-than-99 percent accuracy rate for order deliveries. IM-Logistics U.S. provides its services leveraging more than 4.1 million square feet of U.S. warehouse space for its industry-leading distribution and reverse logistics network, which offers one- or two-day ground coverage to more than 99 percent of the United States.
About Ingram Micro Inc.
Ingram Micro Inc. is the largest global wholesale provider of technology products and supply chain management services. The company operates in 36 countries with sales of $30.7 billion for the fiscal year 2000. Ingram Micro`s global regions provide the distribution of technology products and services, marketing development and supply chain management services to more than 175,000 technology solution providers and 1,700 manufacturers. The company is focused on maximizing shareowner value and achieving customer satisfaction through innovation in the information technology supply chain. Visit www.ingrammicro.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, Fujitsu, 3M, Siemens, Hewlett-Packard, Polaris, Novell, Autodesk, SONICblue, Adaptec 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.
CONTACT: Digital River, Inc., Minneapolis
Media Contacts:
Public
Relations
Gerri Dyrek, 952/253-8396
gdyrek@digitalriver.com
or
Corporate Communications
Michelle Gjerde, 952/253-8465
michelle@digitalriver.com
or
Investor Contact:
Al Galgano, 952/253-8406
agalgano@digitalriver.com
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