Company to Combine EBL and ebrary Into A Single, Best-Of-Breed e-book Platform
ProQuest [http://www.proquest.com ], an information company central to global research, has signed a definitive agreement to acquire Ebook Library (EBL)
[http://www.eblib.com ], which will significantly expand its e-book delivery and aggregation capabilities with libraries worldwide. The
acquisition will further ProQuest's goal of enhancing the research experience, enabling users to seamlessly discover
content across multiple formats including books, journals, dissertations, newspapers, and video. ProQuest acquired
e-book pioneer ebrary [http://www.ebrary.com ] in January 2011 and plans to combine the strongest features of ebrary and EBL into a single, comprehensive e-book
platform once finalized.
"EBL's first-rate user experience, innovative business models, and acquisition tools are very complementary to ebrary,"
said Kurt Sanford, ProQuest CEO. "These features will be combined with ebrary's unmatched content selection,
award-wining subscription service, and cutting edge, patent-protected core platform technology. The result will be an
unparalleled e-book research platform that is connected to all of ProQuest's products and services."
Founded in 2004 by Ebooks Corporation, EBL pioneered a wide range of new services in the library market, including the
patented Non-Linear(TM) Lending (NLL) model, demand-driven acquisitions, short-term loans, and chapter-level purchases
for reserve circulation and coursepacks. EBL offers more than 300,000 e-books from more than 500 publishers to libraries
around the world and counts some of the world's most prestigious academic and research institutions among its customers.
Kari Paulson, EBL's President, will join ProQuest to manage the combined e-book business unit and lead the effort to
merge EBL and ebrary into one optimized platform. "From the beginning, EBL's vision has been to advance research and
knowledge through technology," said Ms. Paulson. "I look forward to joining ProQuest and to have the opportunity to be
part of an organization with the very same goal."
Kari will report to Kevin Sayar, Senior Vice President, ProQuest Workflow Solutions, who said, "I have long respected
what Kari has accomplished at EBL and I'm looking forward to working with her to push the boundaries of how e-books are
provided to libraries and used by patrons."
About Ebook Library (www.eblib.com)
Ebook Library (EBL) is a leading global ebook aggregator, serving academic, corporate and research libraries worldwide.
With an impressive catalog of ebook titles from premier international academic publishers, EBL is renowned as a pioneer
of flexible, innovative access models such as Patron-driven Acquisition and the esteemed Non-Linear(TM) Lending model.
EBL is a division of Ebooks Corporation Limited, an Australian public company founded in 1997, with additional
distribution channels that include ebook retail site ebooks.com (www.ebooks.com) and Ebook Services for publishers (www.ebookservices.com).
About ProQuest (www.proquest.com) ProQuest connects people with vetted, reliable information. Key to serious research, the company has forged a 70-year
reputation as a gateway to the world's knowledge — from dissertations to governmental and cultural archives to news,
in all its forms. Its role is essential to libraries and other organizations whose missions depend on the delivery of
complete, trustworthy information.
ProQuest's massive information pool is made accessible in research environments that accelerate productivity, empowering
users to discover, create, and share knowledge.
An energetic, fast-growing organization, ProQuest includes the ProQuest(R), Bowker(R), Dialog(R), ebrary(R), and Serials
Solutions(R) businesses and notable research tools such as the RefWorks(R), and Pivot(TM) services, as well as the
Summon(R) web-scale discovery service. The company is headquartered in Ann Arbor, Michigan, with offices around the
world.
SOURCE: ProQuest
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