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ebrary and Learning Network Launch First Public Beta of the ebrarian Solution
E-Learning Company Incorporates ebrarian to Provide Users with Powerful Research Tools and Authoritative Content

Mountain View, CA – July 25, 2001 – ebrary™ (www.ebrary.com), the leading provider of software and services for the online delivery of copyrighted content, and Learning Network (www.learningnetwork.com; America Online Keyword: Learning Network), the Internet’s premier consumer-education source created by international media company Pearson plc, today launched the first public beta of ebrarian™, ebrary’s new e-content solution for partners and customers. The co-branded site is available now at http://learningnetwork.ebrary.com.

Learning Network has implemented the ebrarian solution to securely deliver high-value business and economics titles to its communities of students, consumers and professionals. Access is provided through Learning Network’s Infoplease reference site (www.infoplease.com). Using a model similar to photocopying, Learning Network visitors pay only to print or copy the information they need. Searching and browsing are free, and there are no membership or subscription fees. Learning Network has also customized ebrary InfoTools™ to link users to relevant information on the Infoplease site. With InfoTools, any word or phrase a user selects can link to research materials—including articles, definitions, biographical information, statistics and more—on the Infoplease site.

"The ebrarian solution adds enormous value and gives us a competitive edge," said Phil Hoffman, CEO of Learning Network. "Visitors to our site can now access high-quality copyrighted books—most of which have never before been available on the Internet. We expect to see an increase in site "stickiness" and customer retention, and our ability to customize InfoTools encourages visits to other parts of our site."

"Learning Network is a leader in the e-learning space and provides valuable services and information to its customers. The ability to promote our publishing partners’ business and economics books through the Learning Network benefits the publishers, Learning Network and its patrons. It’s the perfect opportunity for us to launch our technology and services," said Christopher Warnock, CEO of ebrary. "Our partnership with Learning Network marks the first step toward reaching our goal of making authoritative, copyright-protected content widely available over the Internet."

The ebrarian Solution
ebrary partners with the world’s leading publishers and academic presses including Random House, McGraw-Hill, Pearson plc, Taylor & Francis, Cambridge University Press, MIT Press, Yale University Press and many others to develop online collections in major vertical subject areas. By combining this high-value content with powerful research and comprehension software, ebrary offers a powerful and flexible solution for e-content delivery.

Publishers, special interest Websites, Internet portals, libraries and e-learning providers can tap new online markets and increase revenues by making their own content securely available online, accessing relevant content from ebrary’s collection or combining content from both. Partners can leverage ebrary’s unique photocopy model, where customers pay only for printing or copying the information they need without subscription or membership fees, or determine a payment model appropriate to their businesses. ebrary shares revenues with publishers and other content providers and its partners.

The ebrarian solution includes ebrary InfoTools, which provide advanced e-commerce, research, comprehension and navigation capabilities at the word level.

Price and Availability
ebrarian is available now to customers and partners in the U.S. and U.K. Pricing varies according to the organizations’ individual requirements, including customization and hosting services. For more information call 650-230-0700 or visit www.ebrary.com.

About Learning Network
Learning Network, the Internet’s largest website for parents, students and teachers, offers an unmatched array of online educational tools, content, and reference resources. Learning Network is part of Pearson, plc (NYSE: PSO) the London-based international media company, which also owns leading educational and media companies including Pearson Education, Penguin Books, and the Financial Times. For more information, call 1-888-816-1999, or visit www.learningnetwork.com on the Internet (America Online Keyword: Learning Network).

About Pearson plc
Learning Network is a part of Pearson plc, the international media company. Its major business operations are: The Financial Times Group, which has an international network of business and financial newspapers and online services that are read by millions of business executives and investors every day; Pearson Education, the world's leading education business, which helps teachers teach and students learn at every stage and in every part of the world; Penguin Putnam, which is one of the pre-eminent names in consumer publishing, with an unrivalled range of fiction and non-fiction, bestsellers and classic titles; and Recoletos, one of the top media companies in Spain. Pearson also owns a 22% stake in the RTL Group, Europe's leading integrated broadcasting and communications group. For more information, go to www.pearson.com.

About ebrary
ebrary develops software and services for the secure online delivery of copyrighted content. The ebrarian solution combines powerful research and comprehension software with a rich online library of copyrighted books, journals, periodicals and more that can be freely indexed by search engines via ebrary’s open access model. Publishers, special interest Websites, Internet portals, libraries and e-learning providers benefit from the ability to tap new online markets and increase revenues through the distribution of high-value content. ebrary is privately held and is funded by Random House Ventures LLC, Pearson plc and McGraw-Hill. For more information, visit www.ebrary.com.

ebrary, ebrarian, and web ©ontent are trademarks of ebrary, Inc.

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