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Press Release

netlibrary catalog grows to more than 40,000 titles

DUBLIN, Ohio, Jan 19, 2002-NetLibrary™, the leading provider of eBooks to the institutional library market, announced achievement of a major milestone in the eBook industry at the ALA Midwinter Conference. The NetLibrary catalog now offers academic, public, special, and school libraries access to more than 40,200 copyrighted eBook titles, nearly double it's size from a year ago.

"The newest content additions further strengthen NetLibrary's catalog of eBooks in the high-demand subject areas of Economics and Business, Medicine, Health, Wellness, Education, Technology, Engineering, and Computer Science," said Rich Rosy, NetLibrary Executive Vice President of Sales and Publishing. He went on to say, "We wish to acknowledge and express our appreciation to all our library customers and publishing partners who continue to reinforce the relevance of eBooks for libraries and their benefits to patrons. Customers such as: the University of Florida, California State University, Grambling State University, Minitex, Palinet, Open University of Hong Kong, among others, have continued to build their collections in recent months, while publishing partners such as McGraw-Hill, Taylor & Francis, ABC-CLIO, Lawrence Erlbaum, University of California Press, Peter Lang Publishing, and Opera Journeys, among others, have continued to provide a steady flow of new content", said Rosy.

Evidence of the growing acceptance of eBooks for research and reference purposes was also presented at the ALA Midwinter Conference by NetLibrary's Vice President of Research and Library Services, Lynn Connaway, Ph.D., who summarized two studies on eBook usage and costs relative to print books. NetLibrary's research suggests that the average number of accesses for all eBook titles across libraries of all types is three times annually, with some customers seeing titles being accessed, on average, five to seven times annually. The most popular titles, or titles held in reserve to support specific course work, may register accesses as high as several hundred times. Exploration of session length and time in a book, which averages 15-20 minutes each, heavily reinforces eBook benefits for patrons using them as research and reference tools, speeding their ability to locate needed content across multiple titles in minutes. In a related finding, the NetLibrary research also suggested that when a library owns the same collection in both eBook and print book formats, a higher percentage of eBooks are used.

eBooks are full-text electronic versions of published books that library patrons can search, borrow, read, and return via the Internet. With NetLibrary eBooks, users can access library resources anywhere, anytime, and perform full-text searches across hundreds of books or within a specific book to speed research and reference projects. These books can be viewed online from a library, office, home, or remote location using an Internet browser. Added benefits include an embedded dictionary in each book with accompanying visuals and verbal pronunciation, as well as hyperlinks from the table of contents and index. eBooks are available for varying checkout periods and are automatically checked back into the library collection when the checkout period expires.

Future plans for NetLibrary include becoming part of the OCLC Cooperative. On Jan. 11, 2002, the U.S. Bankruptcy Court approved the final sale of NetLibrary assets to OCLC Online Computer Library Center, subject to a 10-day appeal period. The sale includes both the eBook Division and the MetaText eTextbook Divisions of NetLibrary.

About OCLC

Headquartered in Dublin, Ohio, OCLC Online Computer Library Center is a nonprofit organization that provides computer-based cataloging, reference, resource sharing and preservation services to 41,000 libraries in 82 countries and territories. OCLC was founded in 1967 to improve access to the world's information and reduce information costs, and conducts ongoing research to develop technologies to support that mission. Forest Press, a division of OCLC since 1988, publishes the Dewey Decimal Classification system.

In the United States, more information is available (via telephone: +1-614-764-6000 or 1-800-848-5878; fax: +1-614-764-6096; or e-mail: oclc@oclc.org). In Europe, the Middle East and Africa, contact the OCLC Europe office, located in Birmingham, United Kingdom (phone: +44 121 456 4656; fax: +44 121 456 4680; or e-mail: europe@oclc.org). In Asia and the Pacific region, contact the OCLC Asia Pacific office in Dublin, Ohio (phone: +1-614-764-6189; fax: +1-614-764-4331; or e-mail: asia_pacific@oclc.org). In Canada, contact the OCLC Canada office in Montreal, Quebec (phone: +1-450-658-6583 or 1-888-658-6583; fax: +1-450-658-6231; or e-mail: canada@oclc.org). In Latin America and the Caribbean, contact the OCLC Latin America and the Caribbean office in Dublin, Ohio (phone: +1-614-761-5196; fax: +1-614-718-1026; or e-mail: america_latina@oclc.org).

More information about OCLC and OCLC regional service providers is available at http://www.oclc.org/.

About NetLibrary

NetLibrary www.NetLibrary.com is the leading provider of eBooks and Internet-based content management services for the institutional library market. NetLibrary develops, hosts, maintains and preserves eBook collections for academic, corporate, public, and school libraries. Thousands of libraries throughout the United States and internationally are currently providing NetLibrary eBooks to their patrons. The MetaText Division www.MetaText.com of NetLibrary creates, hosts and manages web-based digital textbooks for leading textbook publishers. MetaText digital textbooks provide instructors and students with a full range of interactive teaching, collaborating and learning tools.


Contact:
Nita Dean
+1-614-761-5002
nita_dean@oclc.org

Marge Gammon
+1-303-381-8799
mgammon@netlibrary.com

Dewey, Dewey Decimal Classification, Forest Press and OCLC are registered trademarks of OCLC.

 







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