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Press Release: Overdrive [November 5, 2021]

OverDrive Receives President’s E Award for Exports

Cleveland, OH -- November 5, 2021. At a ceremony in Washington, D.C. today, the U.S. Department of Commerce presented the 2021 President's "E" Award for Exports to OverDrive, the leading digital reading platform for libraries and schools worldwide. OverDrive was chosen for their significant sustained global growth and demonstrated excellence in exporting for at least four years to a wide range of international markets. This award was created in 1961 by Executive Order of President John F. Kennedy and is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.

"OverDrive has demonstrated a sustained commitment to export expansion," stated Secretary of Commerce Gina Raimondo, announcing the company's selection. "The ‘E' Awards Committee was very impressed with OverDrive's documented expansion to more than 80 international markets. The company's growth in employment attributed to the increase of exports was also particularly notable. OverDrive's achievements have undoubtedly contributed to national export expansion efforts that support the U.S. economy and create American jobs."

OverDrive brings literature and reading through ebooks, audiobooks and other digital media to a worldwide audience by serving more than 73,000 public, academic and corporate libraries and schools in 88 countries. The company's exporting strategy enables U.S. authors and publishers to open and sell into an expanding international network of public, government and corporate institutions. OverDrive has distribution rights with thousands of American publishers and authors to promote and sell their works domestically and globally, including Penguin Random House, HarperCollins, Simon & Schuster, Hachette Book Group, Macmillan, Scholastic, John Wiley & Sons and Sourcebooks. The company's international expansion bolsters job creation in the U.S. and abroad, and it is managed through its Global Libraries and Education division with offices based in Ohio, the United Kingdom, China and Australia.

"We're honored to be one of only 17 U.S. companies receiving this prestigious award," said Claudia Weissman, Vice President of Global Libraries and Education at OverDrive. "This award is a testament to the librarians and teachers around the world who work tirelessly to provide access to books and reading in all formats to serve their communities."

The largest foreign markets for OverDrive include the U.K., Australia, Singapore, Germany, Austria, New Zealand, Switzerland and Scandinavia. Many of the largest, most prestigious libraries and schools in the world partner with OverDrive: London Public Library, Toronto Public Library, Verbund öffentlicher Bibliotheken Berlin, City of Sydney Library Network, Oslo Public Library, National Library Board of Singapore, Education Queensland and more.

Libraries and schools can select, curate and develop their own collection of ebooks and audiobooks from OverDrive Marketplace, the industry's largest catalog of millions of titles. The award-winning Libby library reading app and Sora student reading app allow readers to enjoy ebooks, audiobooks and digital magazines in over 100 languages. Recently, OverDrive expanded their streaming video selection for public and academic libraries with the acquisition of Kanopy.

To learn more about the "E" Awards, visit www.export.gov.

About OverDrive

OverDrive strives to create "a world enlightened by reading." Serving a growing network of 73,000 libraries and schools in 88 countries, OverDrive delivers the industry's largest digital catalog of ebooks, audiobooks, magazines and other content through award-winning apps. The Libby reading app for libraries is one of Popular Mechanics' 20 Best Apps of the Decade, while the student reading app Sora is one of TIME's Best Inventions of 2019. OverDrive recently acquired Kanopy, the leading streaming video service for public libraries and academic institutions. Founded in 1986, OverDrive is based in Cleveland, Ohio USA and was named a Certified B Corp in 2017. www.overdrive.com

About the "E" Awards

In 1961, President Kennedy signed an executive order reviving the World War II "E" symbol of excellence to honor and provide recognition to America's exporters. Criteria for the award is based on four years of successive export growth in one or more international markets.


Summary: At a ceremony in Washington, D.C. today, the U.S. Department of Commerce presented the 2021 President's “E” Award for Exports to OverDrive, the leading digital reading platform for libraries and schools worldwide. OverDrive was chosen for their significant sustained global growth and demonstrated excellence in exporting for at least four years to a wide range of international markets. This award was created in 1961 by Executive Order of President John F. Kennedy and is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.
Publication Year:2021
Type of Material:Press Release
LanguageEnglish
Date Issued:November 5, 2021
Publisher:Overdrive
Company:
Company: Overdrive
Permalink: https://librarytechnology.org/pr/26821

LTG Bibliography Record number: 26821. Created: 2021-11-05 10:03:03; Last Modified: 2021-11-05 10:03:11.