##### 



EXHIBIT 12.1


Digital River, Inc.


Computation of Ratio of Earnings to Fixed Charges


|                                              |  |                               |         |   |      |   |      |      |  |   |        |  |  |      |        |  |  |   |        | 
|--------------------------------------------- |  | ----------------------------- | ------- | - | ---- | - | ---- | ---- |  | - | ------ |  |  | ---- | ------ |  |  | - | ------ | 
|                                              |  | Years Ended December 31,      |        
|                                              |  |                               |        
|                                              |  | 2001                          |         |   | 2002 |   |      | 2003 |  |   | 2004   |  |  | 2005 |       
|                                              |  |                               |         |   |      |   |      |      |  |   |        |  |  |      |       
|                                              |  | (In thousands, except ratios) |        
|Net Income (Loss) from operations as reported |  | $                             | (20,103 | ) |      | $ | (916 | )    |  | $ | 16,298 |  |  | $    | 34,762 |  |  | $ | 66,713 | 
|Add: Fixed charges                            |  |                               | 137     |   |      |   | 165  |      |  |   | 235    |  |  |      | 2,094  |  |  |   | 3,092  | 
|Earnings as defined                           |  |                               | (19,966 | ) |      |   | (751 | )    |  |   | 16,533 |  |  |      | 36,856 |  |  |   | 69,805 | 
|Fixed charges                                 |  | $                             | 137     |   |      | $ | 165  |      |  | $ | 235    |  |  | $    | 2,094  |  |  | $ | 3,092  | 
|Ratio of earnings to fixed charges(1)         |  |                               |        |   |      |   |     |      |  |   | 70.5   |  |  |      | 17.6   |  |  |   | 22.6   | 






|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(1) | The ratio of earnings to fixed charges is computed by dividing
    income (loss) from operations plus fixed charges by fixed
    charges. Fixed charges consist of interest expense, amortization
    of debt insurance costs and that portion of rental payments
    under operating leases that we believe to be representative of
    interest. Earnings were sufficient to cover fixed charges in
    2001 and 2002 by amounts equal to the net loss for the period.