Digital River Renames its element 5 Subsidiary to Digital River GmbH

Digital River, Inc. (NASDAQ:DRIV), a global leader in e-commerce outsourcing, today announced that it changed the name of its Germany-based subsidiary from element 5 GmbH to Digital River GmbH. The name change now formerly aligns the company’s major global operation centers in Germany, Ireland, Luxembourg and the U.S., under one, unified umbrella – Digital River. "We believe this name change will help us create an even stronger, more united position for Digital River to operate, grow and compete in global markets,” said Joel Ronning, Digital River’s CEO. "This shift is a natural continuation of our global expansion strategy. It reflects a single, unified, go-to-market strategy and is aligned with the growing global nature of our business.” Moving forward, the element 5 technology platform will remain an integrated part of Digital River’s outsourced e-commerce solution. Digital River’s team in Germany, consistent with the company’s other worldwide offices, supports Digital River’s full complement of technology, products, services and marketing programs. Earlier this year, Digital River established two new wholly-owned subsidiaries in Europe - Digital River Ireland, Ltd. and Digital River International S.a.r.l. Digital River Ireland is located in Shannon, Ireland; and Digital River International is in Luxembourg, Luxembourg. In addition to its U.S. headquarters, Digital River also has international offices in Cologne, Germany; London, England; Taipei, Taiwan; and Tokyo, Japan. About Digital River, Inc. Digital River, Inc., a global leader in e-commerce outsourcing, builds and manages online businesses for more than 40,000 software publishers, manufacturers, distributors and online retailers. 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 prevention, 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 in major U.S. cities as well as Cologne, Germany; London, England; Shannon, Ireland; Luxembourg, Luxembourg; Taipei, Taiwan; and Tokyo, Japan. 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 company and product names are trademarks, registrations or copyrights of their respective owners.