WEB SITES ENABLE INTERNET TO BECOME LEARNING TOOL FOR SCHOOLS.

Bell & Howell Company (NYSE: BHW), Skoki, Ill., has completed a transaction to combine its K-12 Internet business from its Information & Learning division with Infonautics' K-12 business, Electric Library. Bell & Howell holds a 73 percent equity stake in the new company and Infonautics owns 27%. The new company is present in almost 50,000 schools across the country and reaches approximately 25 million students on a daily basis.

Jack Lynch, recently named president and CEO of the newly formed company said, "I am very excited about the opportunities in front of us to be the leading provider of community, content and commerce to the K-12 market. We have a tremendous advantage and significant momentum. The Internet is rapidly becoming a viable tool throughout the schools to deliver significant value to the education process. With our recent acquisition of SchoolLife.net and an alliance with KOZ.com, we are well on our way to deploying a community platform that will connect parents, teachers, and students."

Jim Roemer, chairman and CEO of Bell & Howell added, "This new company clearly has the potential to add significant value to Bell & Howell. As we have previously disclosed, we expect this new company to ultimately become a stand-alone entity with its own publicly traded stock, at some point in the future. In the meantime, the new company will continue to add the necessary components and partners in order to aggressively pursue its K-12 vision."

Headquartered in Skokie, Illinois, Bell & Howell Company (NYSE: BHW) is a leading Information solutions and services provider to industries worldwide. In each of its businesses, the company transforms information through software and services, helping its customers operate more effectively and efficiently. Additional information on Bell & Howell can be found at www.bellhowell.com .

Infonautics, Inc. (Nasdaq: INFO) is a pioneering provider of highly personalized and targeted Internet information services to Internet users worldwide. The Infonautics Network of web properties includes the award-winning Infonautics Sleuth platform which includes Company Sleuth, Sports Sleuth, Job Sleuth, Fantasy Sports Sleuth and Shopping Sleuth. The Infonautics Network also includes the popular Elibrary platform, consisting of Electric Library and Encyclopedia.com. The Electric Library service was the first reference service of its type on the Internet, and is one of the largest paid subscription sites on the Web, with more than 83,000 paying subscribers. Infonautics was founded on November 1992, and is headquartered in Wayne, Pa.

For more information, call 847-470-7617.