Digital River Signs E-Commerce Agreement with BenQ

Thu Nov 29, 2007 12:24pm EST
 
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Hosts U.S. online store for consumer electronics productsMINNEAPOLIS--(Business Wire)--Digital River, Inc. (NASDAQ:DRIV), a leading provider of globale-commerce solutions, announced that it signed an e-commerce agreementwith BenQ, a top worldwide manufacturer of computer peripherals andconsumer electronics (CE), specializing in LCD displays and monitors,and DLP(R) projectors for business and home entertainment. DigitalRiver recently built and launched a U.S. direct-to-consumer onlinestore, located at http://www.benq.us/. Digital River is hosting thee-commerce operations and managing the online sales for the BenQ U.S.site as well as supporting physical delivery of BenQ products. "Digital River continues to make inroads into the consumerelectronics market, working with some of the industry's leaders," saidDon Peterson, Digital River's senior vice president of global clientdevelopment. "With its new U.S. online store, BenQ can continue toextend its brand presence in the U.S. while further catering to itsgrowing consumer base. Our e-commerce best practices and intelligentsourcing engine can help BenQ not only offer its consumers auser-friendly, convenient shopping experience, but also drive saleswhile reducing operational costs and risks." Based on the agreement, Digital River is providing online ordermanagement and physical product fulfillment for select BenQ products.The BenQ e-commerce site uses Digital River's physical fulfillmentsolution, which automatically determines the optimal warehouse sourcefor physical product delivery based on multiple factors, such asreal-time inventory status, cost of goods and shipping costs, throughan intelligent sourcing engine. In addition, Digital River isproviding BenQ with 24X7 customer service and fraud preventionscreening. About Digital River, Inc. Digital River, Inc., a leading provider of global e-commercesolutions, builds and manages online businesses for more than 40,000software publishers, consumer technology manufacturers, distributors,online retailers and affiliates. Its multi-channel e-commercesolution, which supports both direct and indirect sales, is designedto help companies of all sizes maximize online revenues as well asreduce the costs and risks of running an e-commerce operation. Thecompany's comprehensive platform offers site development and hosting,order management, fraud prevention, export controls, tax management,physical and digital product fulfillment, multi-lingual customerservice, advanced reporting and strategic marketing services. Founded in 1994, Digital River is headquartered in Minneapoliswith offices in major U.S. cities as well as Cologne, Germany; London,England; Shannon, Ireland; Luxembourg, Luxembourg; Taipei, Taiwan;Tokyo, Japan; and Shanghai, China. For more details about DigitalRiver, visit the corporate Web site at www.digitalriver.com or call952-253-1234. Digital River is a registered trademark of Digital River, Inc. Allother company and product names are trademarks, registrations orcopyrights of their respective owners.Digital River, Inc.Media Contact:Kristin McKenzie, 952-253-8395Public Relations Managerpublicrelations@digitalriver.comorInvestor Relations Contact:Ed Merritt, 952-540-3362Vice President, Investor Relationsinvestorrelations@digitalriver.comCopyright Business Wire 2007

 

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