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Press Release

NetLibrary Signs Agreement to Distribute Titles from Penguin Group (USA)
More than 1,000 Frontlist and Classic Titles to be available as eBooks

BOULDER, COLO.— NetLibrary, the leading provider of eBooks to the institutional library market has signed a distribution agreement with Penguin Group (USA), a leading US adult and children's trade book publisher and affiliate of Penguin Group, the world's second-largest English-language trade book publisher. The agreement calls for an initial release of more than 200 titles from the acclaimed "Complete Idiots" series of how-to guides that will be available beginning in August. Upcoming releases will include hundreds of best-selling frontlist and classic titles such as "Angel of Death" by Jack Higgins, "The Hanged Man's Song," by John Sandford, "Pride and Prejudice" by Jane Austen and "Eats, Shoots and Leaves: The Zero Tolerance Approach to Punctuation," by Lynn Truss.

"We are very excited to be working with NetLibrary," said Peter McCarthy, VP, Executive Director, Penguin Group (USA) Online. "Getting the works of our authors to readers everywhere - regardless of what format is used to do so - is core to Penguin's mission. We believe NetLibrary has the perfect mix in an eBook partner: a long-standing understanding of their customers, great relationships, solid technology, and a fundamental understanding of, and respect for, publishing."

Penguin Group (USA) publishes under some of the most prominent and most respected imprints and trademarks in American publishing, including Berkley Books, New American Library, Penguin, G. P. Putnam's Sons, and Viking. Penguin's roster of bestselling authors, a Who's Who of the industry, includes Patricia Cornwell, Nick Hornby, Eric Jerome Dickey, Stephen King, Amy Tan, Al Franken, Catherine Coulter and hundreds of others. In the first half of 2004 alone, Penguin had a total of 75 titles included in the New York Times best-seller list and established an industry benchmark in May by capturing 40% of the Times hardcover non-fiction best-seller list.

"Penguin Group has one of the world's most prestigious lists of best-selling authors and a backlist of unparalleled quality," said Rich Rosy, NetLibrary's Corporate Vice President. "Penguin's catalog of award winning, best-selling and classic titles will be an outstanding addition to our eBook collection and significantly enhances our ability to provide libraries with the compelling content they need to serve a growing and diverse online patron base."

In addition to selecting from a burgeoning list of bestselling frontlist titles, libraries will be able to take advantage of the Penguin Group's extensive backlist of titles from the Penguin Classics series. The Largest collection of ancient and modern classic literature in the English-speaking world, Penguin Classics include a vast array of fiction, nonfiction, drama and poetry based on definitive texts. Also available to libraries will be a complete collection of the popular Complete Idiots guides, which includes best-selling how-to guides such as "The Complete Idiot's Guide to Learning Spanish 3rd Edition," "The Complete Idiot's Guide to Understanding Catholicism 2nd Edition," "The Complete Idiot's Guide to Buying and Selling a Home 3rd Edition," and many more.

For more information about Penguin Group (USA) titles available through NetLibrary, contact a NetLibrary representative by sending email to sales@netlibrary.com.

About Penguin Group (USA)

Penguin Group (USA) Inc. is the U.S. member of the internationally renowned Penguin Group. Penguin Group (USA) is one of the leading U.S. adult and children's trade book publishers, owning a wide range of imprints and trademarks, including Berkley Books, Dutton, Frederick Warne, G.P. Putnam's Sons, Grosset & Dunlap, New American Library, Penguin Books, The Penguin Press, Philomel, Plume, Puffin, Riverhead Books and Viking, among others. The Penguin Group (http://www.penguin.com) is part of Pearson plc, the international media company.

About NetLibrary

The NetLibrary division of OCLC Online Computer Library Center, Inc. (www.netlibrary.com) helps academic, public, corporate and special libraries create a richer, more productive learning environment for their patrons. By combining the time-honored traditions of the library system with electronic publishing, NetLibrary offers an easy-to-use information retrieval system for accessing the full text of reference, scholarly, and professional books. OCLC Online Computer Library Center, Inc. (www.oclc.org) is a nonprofit organization and leader in computer-based cataloging, reference, resource sharing and preservation services to libraries worldwide.

 







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