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Campus Bookstores Nationwide Move Online Through VarsityBooks.com Partnership Program.

WASHINGTON--(BUSINESS WIRE)--July 6, 1999--

Colleges, Private High Schools and Distance Learning Companies

Outsource New Textbook Operations Through Partnership with Nation's

Premier Online College Bookstore

When students resume their studies this fall at a number of U.S. colleges, private high schools and distance learning programs, long bookstore lines and high prices will no longer be a part of their back-to-school routines. Through a first-of-its-kind partnership program, VarsityBooks.com, the nation's premier online college bookstore, is enabling educational institutions nationwide to outsource their entire new textbook operations. Through this online partnership, these schools will earn a portion of sales revenue and will offer enhanced service levels and unprecedented discounts to students and parents.

VarsityBooks.com is today announcing the charter partner schools participating in the program. These schools include: Alaska Pacific University (Anchorage, AK), The College of Aeronautics (Flushing, NY), Georgetown Preparatory School (Bethesda, MD), Heritage College (Toppenish, WA), ISIM University (Denver, CO), Maret School (Washington, DC), Oakwood School (N. Hollywood, CA), Paideia School (Atlanta, GA), Saint Agnes Academy (Houston,TX), and Saint Thomas High School (Houston, TX).

"I have a son who is a freshman in college," said Susan Metzloff, a parent from a VarsityBooks.com partnership high school in Atlanta, Georgia. "After spending so much money on books while he was in a private high school, I decided that there had to be a better, more affordable way to buy his books. Therefore, I began to work with a parent committee to investigate the possibilities of using an online bookstore at my children's high school. This ultimately led to a new partnership arrangement with VarsityBooks.com. A partnership with VarsityBooks.com feels like a win for everybody: discounts for parents and rebates for schools."

"We see the trend of textbook buying online becoming more and more popular," said Brian Douglas, Assistant Business Manager, Alaska Pacific University. "Additionally, from our perspective, bookstore operations have always been a hassle. We have chosen to work with VarsityBooks.com because they are going to assume responsibility of making sure that the correct titles are available to our students. And, not only can we provide our students with a way to locate their booklists and buy their books online, but we receive a revenue share at the same time."

"We are pleased that schools across the country are realizing that VarsityBooks.com is uniquely positioned to provide students significant discounts, world class customer service and immediate access to titles," said Eric Kuhn, VarsityBooks.com President and CEO. "The VarsityBooks.com Partnership Program brings each one of those advantages to students at Partner schools, while allowing the schools themselves to realize a share of revenue and reduce the operational overhead that campus stores traditionally incur."

About the VarsityBooks.com Partnership Program

VarsityBooks.com's Partnership Program offers significant new benefits to both students and administration at participating institutions. Partnership schools can:

--Earn a portion of sales revenue based on breadth and depth of their partnership with VarsityBooks.com

--Offer enhanced textbook purchasing convenience, access and discounts for students

--Create customized booklists for students online

--Create personalized student accounts and flexible payment options for seamless integration

Students at partnership schools receive all of the benefits of VarsityBooks.com's established service model, including:

--Access from any location at any hour to customized class booklists as well as a selection of over 400,000 ready-to-ship titles and online access to millions more from over 25,000 publishers

--Discounts up to 40-percent off suggested list price

--Low, flat-rate shipping charge of $4.95, regardless of shipment size

--Quick delivery and 30-day, hassle-free return policy

--World class customer service

For more information about the VarsityBooks.com Partnership Program, school administrators can contact Amy Buckley, Director of Partnerships at 202-667-3400, or access www.varsitybooks.com.

About VarsityBooks.com

VarsityBooks.com, the nation's premier online college bookstore, is the leading supplier of new, discounted college textbooks. The company offers customers a selection of more than 400,000 ready-to-ship titles and access to millions of books at discounts of up to 40-percent. Launched in 1997 by Eric Kuhn and Tim Levy, alumni of The George Washington University Law School, VarsityBooks.com is the first online textbook store to include customized course booklists for colleges nationwide. VarsityBooks.com's industry leading customer service includes world class online and offline customer support and state-of-the-art encryption to provide customers with a safe and easy e-commerce transaction.
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Publication:Business Wire
Date:Jul 6, 1999
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