In Brief: Web Digital Exchange Company Expanding

NEW YORK - Magex, a spinoff of Royal Bank of Scotland that supports the trading of digital content on the Internet, will begin supporting seven currencies and will provide local customer support from its international call center this month.

The company says it will be the first digital rights management company to let international companies offer digital content on a global and local scale through one provider.

Businesses will be able to use Magex to process goods that are purchased in U.S. dollars, Canadian dollars, Japanese yen, British pounds, French francs, German marks, or the euro. Text will be displayed in English, French, German, and Japanese, and customers will receive local language support from the company's international help desk.

Magex already offers clearing services in Asia and the United Kingdom. The company recently participated in the launch of Universal Music Group's Bluematter digital music format, moved its world headquarters to the United States, and expanded its American and European staff to manage its publishing, music, video, and software divisions.

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