Digital River 2004 Annual Report Download - page 7

Board of Directors
Joel A. Ronning
Chief Executive Officer and Chairman
Digital River, Inc.
Thomas F. Madison (1, 2, 3, 4)
President and
Chief Executive Officer
MLM Partners
William J. Lansing (3, 4, 5)
President
ShopNBC
Frederic M. Seegal (3, 4, 5)
Managing Executive
Stephens Financial Group
Perry W. Steiner (2, 4)
Managing Director
Arlington Capital Partners
J. Paul Thorin (2, 4)
Vice President and General Counsel
ArrayComm, Inc.
(1) Lead Director
(2) Audit Committee member
(3) Compensation Committee member
(4) Nominating Committee member
(5) Finance Committee member
Executive Officers
Joel A. Ronning
Chief Executive Officer
Carter D. Hicks
Chief Financial Officer
Corporate Headquarters
9625 West 76th Street
Suite 150
Eden Prairie, MN 55344
European Offices
Vogelsanger Strasse 78
50823 Cologne
Germany
Beechwood House
10 Windsor Road
Slough, Berkshire, SL1 2EJ
United Kingdom
Market Listing
Nasdaq National Market
Symbol: DRIV
Transfer Agent
and Registrar
Wells Fargo Shareowner Services
161 North Concord Exchange
South St. Paul, MN 55075
800.468.9716
Independent Auditors
Ernst & Young LLP
Minneapolis, MN
General Counsel
Howard Rice Nemerovski
Canady Falk & Rabkin,
A Professional Corporation
San Francisco, CA
Form 10-K
Additional information constituting
part of this 2004 Annual Report is
contained in the Company’s
Annual Report on Form 10-K for
the year ended December 31,
2004, as filed with the Securities
and Exchange Commission, a
copy of which is included herewith.
Additional copies of the Form
10-K may be obtained without
charge upon written request to
Investor Relations at the corporate
address or e-mail address.
Annual Meeting
The Company’s Annual Meeting
of stockholders will be held at
3:30 p.m. local time on
Wednesday, May 25, 2005, at the
Radisson Plaza Hotel, 35 South
7th Street, Minneapolis, MN.
Shareholders
As of March 1, 2005, the
Company had 397 shareholders
of record. (This does not include
beneficial owners whose stock is
held in street name by brokerage
houses.)
Investor Relations
952.253.8406
investorrelations@
digitalriver.com
Dividends
The Company has never declared
or paid any cash dividends on
its Common Stock. The Board
of Directors currently intends to
retain any future earnings to
support operations and to finance
the growth and development
of the Company’s business
and does not anticipate paying
cash dividends for the
foreseeable future.
Common Stock Information
The Company’s Common Stock
has traded on the Nasdaq
National Market under the
symbol DRIV since August 11,
1998. Prior to that date, there
was no public market for Digital
River Common Stock.
The quotations set forth below
reflect the high, low and closing
prices for the Company’s
Common Stock on the Nasdaq
National Market for each of the
identified periods.
Forward-Looking Statements
In addition to the historical information
contained herein, this report contains
forward-looking statements, including
statements regarding the Company’s
anticipated future growth and financial
performance as well as statements
containing the words, “believes,”
“anticipates,” “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 the Company, or
industry results, to differ materially from
any future results, performance or
achievements expressed or implied by
such forward-looking statements.
Such factors include, among others: the
Company’s limited operating history and
variability of operating results; competition
in the electronic commerce market; and
other risk factors referenced in the
Company’s public filings with the
Securities and Exchange Commission.
2003 High Low Close
Qtr. 1 $14.57 $8.83 $13.69
Qtr. 2 20.10 10.48 19.35
Qtr. 3 31.50 18.50 27.37
Qtr. 4 34.30 21.10 22.10
2004 High Low Close
Qtr. 1 $27.11 $19.38 $23.50
Qtr. 2 34.83 22.44 32.63
Qtr. 3 33.55 22.75 29.78
Qtr. 4 44.51 28.83 41.61
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