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NetLibrary to Distribute and Manage Wiley's Frontlist eBooks
BOULDER, COLO. - October 12, 2000 - NetLibrary Inc., the
leading provider of eBooks and Internet-based content
management services, today announced a new agreement with
John Wiley & Sons Inc. (NYSE:JWa) (NYSE:JWb) covering the
creation, distribution, and management of eBooks from 750
new Wiley frontlist titles.
NetLibrary produces, hosts, distributes, and manages eBook
content for more than 350 publishers of academic, reference,
scholarly, and trade books. Working with leading book distributors
such as Blackwell Ltd., EBSCO Publishing, Follett Library Resources,
and Fatbrain.com, NetLibrary has developed eBook sales channels
in the academic, corporate, public, and school library markets.
Today's announcement signals an expansion of the existing alliance
that Wiley and NetLibrary commenced in May 2000. Under the new
agreement, NetLibrary will provide Wiley with fee-based digital
conversion, management, and electronic distribution of eBook titles.
Most immediately, NetLibrary will manage conversion, fulfillment,
and hosting for 750 of Wiley's new frontlist eBook titles. The titles
will be drawn from Wiley's trade and professional business, finance,
computer, psychology, technical, and general interest lists.
"This relationship represents an important step by Wiley to provide our
'must-have' content through a variety of eBook options, including
formats that are copyright protected, user friendly, and commercially
viable," said Mr. Steven Kippur, executive vice president and president,
Professional/Trade Publishing. "Our customers want a wider selection of
titles in a broader range of formats through more sales channels. Our
agreement with NetLibrary allows us to serve customers better and drive
revenue growth."
NetLibrary will convert the eBook titles to a variety of file formats,
including the NetLibrary online and offline readers, oeb, .pdf and, .lit
files. Frontlist titles will be offered in all appropriate eBook formats,
depending upon the typographical complexity and audience for the title.
In addition to providing conversion services, NetLibrary will enable
sell-through of Wiley professional and trade eBook titles through its
multiple distribution channels.
"NetLibrary is excited to have been chosen by Wiley to create, host,
distribute, and manage this expanded content collection," said
NetLibrary President and Chief Executive Officer Rob Kaufman. "By working
together, NetLibrary and Wiley are ensuring that libraries, corporate
universities, and their patrons and students will have access to an
outstanding collection of academic and professional eBooks."
Founded in 1807, John Wiley & Sons, Inc., is a global publisher of print
and electronic products, specializing in professional and consumer
books and subscription services; scientific, technical, and medical
books and journals; and textbooks and educational materials for
undergraduate and graduate students as well as lifelong learners.
Wiley has publishing, marketing and distribution centers in the United
States, Canada, Europe, Asia, and Australia. The company's Class A and
Class B shares are listed on the New York Stock Exchange under the symbols
JWa and JWb, respectively. Wiley's Internet site can be accessed at
www.wiley.com.
NetLibrary is
the leading provider of eBooks and Internet-based content management
services. NetLibrary's digital rights management infrastructure has been
adopted by hundreds of publishers of academic, reference, scholarly, and
trade books. NetLibrary develops, archives, hosts, and securely distributes
eBooks through a variety of channels, including academic, corporate,
public, and school libraries. NetLibrary eBooks are full-text searchable
and readable on a variety of platforms.
In addition to providing full-text published eBooks to corporations
and libraries, NetLibrary offers the Global Print Network, a print-on-demand
book solution that adds value to the digital printing process and opens
new distribution channels for publishers. peanutpress.com, NetLibrary's
handheld eBook subsidiary, is the first technology solution provider to
offer contemporary fiction and non-fiction books, newspapers, and
magazines for reading on Palm and Windows CE handheld computers.
NetLibrary's MetaText digital textbook platform is a full-featured
solution for digital textbook content. MetaText allows instructors
to customize course content, and the platform facilitates
instructor/student and student/student communication.
Contact:
Brian Bell
NetLibrary Inc.
(303) 381-8703
bbell@NetLibrary.com
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