Frankfurt, October 2, 1996--OverDrive Systems and Vista Computer Services today announced a coordinated effort to provide book publishers worldwide with online publishing technology, production and distribution services. Publishers using technology and services from OverDrive and Vista will be able to better promote, sell, distribute and account for books and book content on the Internet's World Wide Web.
"Web publishing with OverDrive technology can quickly create a new revenue stream for publishers," said John Wicker, Vista's executive vice president of business development. "Vista's expertise is integrating new revenue streams and business processes into everyday operations of a publishing company."
"Harnessing the power of online publishing for profit requires an operations, educational and consulting process Vista can deliver," said OverDrive President Steve Potash.
OverDrive Systems is a leading provider of interactive electronic book technology for use in publishing online, on the Internet, and on CD-ROM. The company manages the Electronic Book Aisle website that distributes online book content to consumers worldwide.
Vista Computer Services is the leading provider of operating software and systems for book publishing companies worldwide. Vista's software systems track orders, inventory, royalties and other critical business functions. The company's sales and service operations in the U.S., Europe and Australia will support applications for customers worldwide.
The OverDrive-Vista collaboration was sparked by the introduction of OverDrive's Electronic Book Aisle service, http://www.bookaisle.com on the World Wide Web. The Website provides publishers and authors an avenue to sell book materials through a growing international network of booksellers. Visitors to the Electronic Book Aisle can preview and purchase electronic books for download with a pay-per-view model coming soon.
"Online publishing changes the economics in favor of book publishers looking to profit from new media," said Mike Shatzkin, founder of The Idea Logical Company, a consultant to both OverDrive and Vista. "OverDrive technology and distribution channels can help publishers make more money, and Vista's systems can help them track revenues, inventories, and royalties." Vista Computer Services and OverDrive Systems will jointly exhibit at the Frankfurt Book Fair, October 2-7, in Hall 8, Stand C960.
Founded in 1986, OverDrive Systems develops and licenses electronic book, interactive expert system, and encryption-based lock-and-key technology to commercial publishers. OverDrive Systems is the developer of Time Warner Quick Reads, the recently-released series of electronic book titles from Time Warner Electronic Publishing. Other publishers working with OverDrive Systems include McGraw-Hill, John Wiley & Sons, West Publishing and Harcourt Brace Professional Publishing. OverDrive, headquartered in Cleveland, can be reached by phone at (216) 292-3425, by fax at (216) 292-4888, by mail at 23980 Chagrin Blvd., Suite 200, Cleveland, Ohio, 44122, or by e-mail at email@example.com. Explore the OverDrive website at http://www.overdrive.com.