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OverDrive's Digital Library Reserve Enables Circulating eBook and Digital Magazine Collections.

Business Editors & High-Tech Writers

CLEVELAND--(BUSINESS WIRE)--Nov. 19, 2002

Best-Selling Titles From HarperCollins and McGraw-Hill Among

Thousands Available for Lending From Library Websites

OverDrive (www.overdrive.com) announced today Digital Library Reserve, an application service for libraries to develop and manage a circulating collection of eBooks, eMagazines, eNewspapers, journals, audio books and other downloadable media for lending to patrons. Libraries using Digital Library Reserve services will be able to integrate digital media into their existing collection from a variety of sources as well as license titles from OverDrive's Content Reserve. Content Reserve is the largest collection of premium digital books and periodicals from leading publishers including over 35,000 eBook products from 400 publishers.

"We have been working with libraries to develop expandable digital repositories as an extension of their catalog with integrated collection management tools for controlled lending of titles to patrons who visit their website," stated Ray Leach, OverDrive Senior Vice President.

Digital Library Reserve (DLR) consists of a series of web services for the library to establish and manage its digital media collection. OverDrive has been working closely with Adobe Systems to take advantage of the library support and lending models available for eBooks and electronic magazines formatted in Adobe Acrobat (PDF) and secured using Adobe Content Server. Digital Library Reserve will also take advantage of the Digital Rights Management (DRM) services available to other media formats to enable libraries to expand their digital media collections to include audio books, PDA titles.

OverDrive, Inc. is a strategic partner to Microsoft Corporation for digital media applications including eBooks in Microsoft Reader format and digital audio and video products using Microsoft Windows Media Player. OverDrive digital media applications are in use worldwide by major publishing and retail websites including Barnesandnoble.com, WHSmith Online, Follett Corporation, OfficeMax, HarperCollins, Random House, and Microsoft among others.

About OverDrive

OverDrive, Inc. (www.overdrive.com) is a leading provider of digital book, DRM and media marketplace technologies enabling the secure management and distribution of digital media over global networks. OverDrive is a strategic partner to Microsoft Corporation (Nasdaq: MSFT), Adobe Systems, Inc. (Nasdaq: ADBE) and Palm Digital Media, a business unit of Palm, Inc. (Nasdaq: PALM). The company is a Gold Sponsor of the Open eBook Forum. OverDrive was founded in 1986 and is headquartered in Cleveland, Ohio.

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(c) 2002 OverDrive, Inc.
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 19, 2002
Words:396
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