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Press Release

NetLibrary to Supply Over One-Half Million Dollars of eBooks to PALINET, Colorado Alliance

Over one million library patrons will have anytime, anywhere access via the Internet to the world's first comprehensive digital library

DETROIT, MI, ACRL Conference – April 9, 1999 – NetLibrary (www.NetLibrary.com), the world's premier provider of electronic books and information, announced two agreements today that will bring more than half a million dollars of electronic books (eBooks) to library patrons. PALINET, a cooperative nonprofit organization of libraries and information centers, and the Colorado Alliance of Research Libraries, a partnership of research, public, and educational institutions, will secure eBooks from NetLibrary.

By partnering with NetLibrary, library members will be able to offer anytime, anywhere access to a comprehensive collection of reference, scholarly, and professional electronic books. Electronic content may be viewed, searched, and checked out via the Internet by patrons with a personal computer and an Internet browser (version 3.x).

"NetLibrary provides traditional libraries with the key technology to make the jump into the age of digital information," said Tim Schiewe, CEO of NetLibrary. "This is an exciting opportunity for us to work with these two progressive library consortia to demonstrate the benefits of digital books to their one million patrons."

NetLibrary's mission is to integrate the convenience, access, and capabilities of the Web with the familiarity and depth of content patrons experience today at their local or university library. In the first week of NetLibrary's launch the NetLibrary site (www.NetLibrary.com) had over one million hits, with visitors spending an average of more than thirteen minutes on the site.

"This is the most significant effort we have made on behalf of our members to extend the 'bricks-and-mortar' library institution to the online community," said James Rush, executive director, PALINET. "NetLibrary's extensive relationships with publishers, combined with its unique distribution and copyright-protection technology, gives our members a tremendous head start toward integrating eBooks into their institutions."

NetLibrary worked with PALINET and Colorado Alliance of Research Libraries, as well as other major library consortia including OhioLINK and The University of Texas System, to trial the NetLibrary system prior to its launch in March 1999.

"NetLibrary's search and highlight features will certainly add value for library patrons who are often synthesizing volumes of information," said George Machovic, Associate Director of the Colorado Alliance. "Our early trial of NetLibrary has proven that our library members derive real benefit from the service, enabling access to a far broader array of content than would otherwise be available."

NetLibrary has signed agreements with over fifty leading publishers, including ABC-CLIO, Grove's Dictionaries Inc., Macmillan Publishers Ltd. UK, Harvard Business School Press, The McGraw-Hill Companies, The MIT Press, and Purdue University Press, to provide its customers with an extensive selection of scholarly, reference, and professional books in electronic format.

NetLibrary converts hard-copy books to a proprietary electronic format, storing them on NetLibrary servers and then converting them to HTML as library patrons request them from a personal computer. NetLibrary gives libraries the ability to better serve their patrons by reducing or eliminating overhead and infrastructure costs associated with book storage, replacement, and maintenance. Interlibrary loans can be handled via the Internet, eliminating the need for shipping expenses and ending the delay associated with traditional loans.

For users, NetLibrary offers services beyond what is possible with hard-copy books. Besides twenty-four-hour-a-day, seven-day-a-week access, users can search volumes of material by author, subject, title, keyword, phrase, or idea. A search for a phrase or keyword will not only pull up eBooks with the requested information, but will take you directly to the page where it appears. Once there, NetLibrary allows users to highlight, bookmark, and annotate text, all of which can be saved and used if the eBook is viewed again.

About NetLibrary

NetLibrary is the world's leading provider of reference, scholarly, and professional electronic books and information on the Internet. Based in Boulder, Colorado, the company provides traditional libraries with new information and enhanced services and provides publishers with new distribution and revenue channels. Libraries currently using NetLibrary's services include Colorado Alliance of Research Libraries, OhioLINK, PALINET, and The University of Texas System. NetLibrary is also working with the world's leading publishers and university presses. NetLibrary can be found at www.NetLibrary.com.

About PALINET

Founded in 1936, PALINET is a diversified nonprofit membership organization serving over 600 member libraries in Delaware, the District of Columbia, Maryland, New Jersey, New York, Pennsylvania, and West Virginia. Its mission is to assist staff of libraries and information centers to deliver high-quality, cost-effective services to their users through the application of technologies that foster information access and management, resource sharing, and interlibrary cooperation.

About the Colorado Alliance of Research Libraries

The Colorado Alliance of Research Libraries is a partnership of research, public and educational institutions working in concert to serve the information needs of the constituencies of member institutions and the general public. Founded in 1974, there are eleven member libraries: Auraria Library, Colorado School of Mines, Colorado State University, Denver Public Library, Regis University, University of Colorado at Boulder, University of Colorado Health Sciences Center, University of Denver, University of Denver Law Library, University of Northern Colorado, and University of Wyoming.

Contact:
NetLibrary
Sandy Mickelson
(303) 415-2548

PALINET
James E. Rush
(215) 382-7031

Colorado Alliance
Alan Charnes
George Machovec
(303) 759-3339

 







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