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OCLC Closes on NetLibrary Sale
DUBLIN, Ohio, Jan. 28, 2002—The sale of NetLibrary assets to OCLC was finalized at
5 p.m. Jan. 24 in Boulder, Colorado. The sale includes both the eBook Division, which will become a division
of OCLC, and the MetaText eTextbook Division, which will become a for-profit
subsidiary. Both operations will remain
in Boulder.
"NetLibrary is an excellent strategic fit for OCLC," said Jay Jordan, OCLC president and
CEO. "NetLibrary's eBooks will provide
synergies in OCLC's core service areas of cataloging, resource sharing,
reference, and digital and preservation services, and the MetaText Division
will allow OCLC to develop services that will provide new links and synergies
involving textbooks, classrooms and library collections."
"We at OCLC applaud NetLibrary's pioneering efforts in providing digital
materials," Mr. Jordan added. "The
NetLibrary concept has great potential, and we look forward to working with the
staff in Boulder to grow these services."
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/.
NetLibrary is the leading provider of eBooks 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 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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