CLEVELAND, OH (October 8, 2002) - OverDrive, Inc., a global leader of eCommerce, Media and Digital Rights Management (DRM) solutions, today announced the expansion of its secure media distribution network to include electronic versions of leading magazines, journals and newspapers. OverDrive's Content Reserve (www.contentreserve.com) is now providing distribution and digital rights management (DRM) services for a variety of digital publications including consumer, IT, lifestyle and educational periodicals. Electronic editions of magazines, newsletters, and book chapters are being added to the eBookstore inventories at Barnesandnoble.com, eFollett.com, WHSmith Online, OfficeMax Digital Bookstore and other leading digital bookstores.
"Magazine, journal and newspaper publishers are converting individual articles and entire editions of their periodicals into popular Microsoft, Adobe, and Palm eBook formats preparing for next month's release of the Tablet PC," stated Druanne Martin, Director of ePublishing at OverDrive. "The Tablet PC will enable students, managers, professionals, and travelers to read and annotate periodicals and other publications on-screen. The Tablet PC's high resolution display and mobility make it an unbeatable platform for reading digital editions of books, magazines and newspapers," Ms. Martin added. The Open eBook Forum is hosting a Tablet PC Digital Publishing Conference in New York City on December 5, 2002. Information can be found at www.openebook.org/tabletpc/.
Penton Media, the publisher of Windows and .NET Magazine has begun to prepare back issues of its popular Windows and Security newsletters for sale from its own Digital Kiosk as well as prepare them for sale via Content Reserve's growing network of online eBookstores. Online textbook retailer efollett.com is expanding its offering of eBook versions of study guides for college students. For example, the eBook version of Student Solutions Manual for Physical Chemistry, 7e, from W.H. Freeman, found at http://ebooks.efollett.com/eBookCover.asp?eBookID=6469 permits students to buy and download the entire edition for $37.50 or buy 2 specific chapters for $3.75.
"Both publishers and online retailers have been very excited about leveraging the success of the eBook formats and our DRM services to build profitable reseller channels for digital magazines, newsletters, and journals," stated Pamela Turner, Director of Content for OverDrive. "Content Reserve provides the catalog management, copyright protection services and trusted DRM fulfillment that enable any periodical publisher to sell and securely deliver electronic publications to connected readers using PCs, laptops, PDAs, Pocket PCs and other mobile devices," Ms. Turner added.
OverDrive's Content Reserve already hosts over 32,000 premium eBook titles from more than 400 publishers including HarperCollins, Random House, McGraw-Hill, AOL Time Warner Book Group, John Wiley & Sons, Simon & Schuster and St. Martin's Press. In response to publisher demand, OverDrive has expanded its high quality conversion services for ePublishing and digital distribution to include the conversion of back issues of magazines, newspapers and journals to XML and popular eBook formats.
OverDrive, Inc. (www.overdrive.com) is a leading provider of eBook, DRM and media marketplace technologies enabling the secure management and distribution of digital media over global networks. As a strategic partner with Microsoft Corporation (Nasdaq: MSFT), Adobe Systems, Inc. (Nasdaq: ADBE) and Palm Digital Media, OverDrive delivers proven technology for secure fulfillment and resale of premium content from the world's leading media companies. As a Principal Member of the Open eBook Forum (OeBF), OverDrive is strategically focused on driving specifications and standards for the emerging and rapidly evolving electronic publishing industry. The company was founded in 1986, and is headquartered in Cleveland, Ohio.