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PUBEASY.COM WINS ISI/INTERFORUM E-COMMERCE AWARD
FOR E-BUSINESS INNOVATION

White Plains, NY, June 27, 2000.... PubEasy.com was selected as the winner of the ISI/InterForum E-Commerce Awards for the London Region at an awards ceremony on June 15th. The award recognizes and rewards companies for innovation and achievement in the use of e-business. PubEasy.com, the business-to-business online inquiry and ordering service for the publishing industry, was selected from a field of over 400 contestants. The award is jointly managed by the UK Department of Trade & Industry’s Information Society Initiative and InterForum and sponsored by NatWest and British Telecom.

PubEasy.com focuses on bridging the information gap and building a value added business-to-business community service within the global publishing industry. The service was developed to address the inefficiencies of sharing information between publishers and retailers which resulted in increased costs, lost sales and was to the detriment of the consumer.

Today, more than 3,500 booksellers from over 95 countries spanning the UK, Europe, North America and Asia use PubEasy.com to communicate with the network of suppliers and over 100 new booksellers continue to register each month. Two of the largest US trade publishers, Random House, Inc. and Holtzbrinck Publishers, LLC, have launched PubEasy.com sites with a third scheduled to launch soon. In the UK, publishers representing over 70% of the market, are represented on PubEasy.com.

Booksellers use PubEasy.com to access title, price and availability information, to place orders, to check the status of their orders and to access catalogs from participating publishers, distributors and wholesalers. The service is free to booksellers and is available via the Internet twenty-four hours a day, seven days a week.

"We are extremely pleased to receive this award," said Peter F. Clifton, Chief Executive Officer of PubEasy.com. "Much of the credit goes to the participating publishers, distributors and wholesalers who have realized that the key to an efficient supply chain can be summarized as cooperation in action — creating value by aggregating a critical mass, reducing transaction costs, facilitating an open communication environment and adopting common standards, not just for those who can afford it but for all. This is the "win-win" goal that benefits all."

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