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Press Release

Wiley Announces Online Distribution Agreement with NetLibrary

New York, NY May 3, 2000. William J. Pesce, President and Chief Executive Officer of John Wiley & Sons, Inc., (NYSE:JWa) (NYSE:JWb) announced today that Wiley has entered into an agreement with NetLibrary to provide the online distribution of about 700 Wiley titles.

"The partnership will make Wiley's deep reservoir of 'must-have' content more accessible to our customers by bringing the library to the desktop," said Mr. Pesce. "We will be serving our customers better and driving revenue growth."

The Wiley titles will be drawn from its scientific, technical, and medical programs, as well as its business, finance, computer, psychology, and general interest lists. Key selections include Savage/The Savage Truth About Money, Block/Flawless Consulting, 2nd edition, Vogel/Java Programming with CORBA, James/Winning in the Women's Healthcare Marketplace, and Stern/Pluto and Charon.

NetLibrary has developed the capacity to create electronic versions of print editions with security features that allow library customers to "lend" titles for a set time period while safeguarding intellectual property rights through the restriction of print and copy functions. Patrons benefit from round-the-clock collection access, with search capability by keyword, phrase, subject, author, title, or idea. Consumers are provided the option of purchasing eBooks in a variety of formats for reading on a personal computer or various handheld organizers.

"NetLibrary is pleased to be digitally managing and distributing eBooks for Wiley," said NetLibrary Chief Operating Officer Nancy Talmey. "Wiley's eBooks are important components in the collections we sell to academic, corporate, public, and special libraries."

To make it easier for customers to purchase any of the Wiley titles they access, the agreement also provides for links to be put in place for all titles to major online booksellers and for eBooks to be sold through library book distributors.

About Wiley

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.

About NetLibrary

NetLibrary (www.NetLibrary.com) is a leading provider of eBooks and Internet-based content/collection management services. NetLibrary has established relationships with more than 200 publishers of trade, academic, reference, and scholarly books, and has created digital versions of more than 18,000 titles. NetLibrary hosts and manages eBook collections for numerous public, academic, corporate, and special. The company also sells eBooks directly to consumers at the NetLibrary and peanutpress.com Web sites. With NetLibrary, consumers can choose between PC-based eBooks for reading online or offline, and eBooks for portable reading on a variety of handheld computers, such as those running the Palm and Windows CE operating systems.

Contact:
Susan Spilka (Wiley)
(212) 850-6147
sspilka@wiley.com
NetLibrary

Brian Bell (NetLibrary)
(303) 381-8703
bbell@NetLibrary.com

 







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