INSERTING AND REPLACING Edulink Inc. Announces Today That Its Publishing Services Division, JAQKAR, Has Entered into a Technology Partner Agreement with OverDrive Inc.
1 April 2004, 1:51pm ET
SANTA MONICA, Calif.--(BUSINESS WIRE)--April 1, 2004--In BW5759 issued March 29, 2004: insert ticker symbol (OTCBB:MYIQ) after Edulink Inc. in the first sentence.
The text of the corrected original release, including the insert, begins here and follows in its entirety:
EDULINK INC. ANNOUNCES TODAY THAT ITS PUBLISHING SERVICES DIVISION, JAQKAR, HAS ENTERED INTO A TECHNOLOGY PARTNER AGREEMENT WITH OVERDRIVE INC.
Roxann Caraway, president of JAQKAR, the publishing services division of Edulink Inc. (OTCBB:MYIQ), announced today that JAQKAR has been selected as a technology partner by OverDrive Inc., the leading digital content solution provider for publishers, retailers and libraries, to provide content and bibliographic data management and distribution services for eBooks via OverDrive's Content Reserve system. This partnership enables JAQKAR to provide comprehensive end-to-end workflow solutions to publishers and authors who want to distribute eBooks via Content Reserve.
This partnership will enable JAQKAR to provide comprehensive end-to-end workflow solutions for its customers. Through JAQKAR, publishers can achieve a no-hassle, low-cost entry to Content Reserve enabling distribution of their titles in all eBook formats via the Content Reserve retail and library network.
Caraway speaking of this new partnership stated: "Having worked successfully with Content Reserve for several years, we are very excited about the additional referral accounts that this enhanced partnership will generate for us and for the opportunity to offer our services to these publishers."
In addition to secure eBook distribution with Content Reserve, JAQKAR also provides an array of publishing workflow services, including consulting, design, layout, conversion, print and CD/DVD delivery. These services when combined with OverDrive's Content Reserve system provide publishers a complete end-to-end solution in digital content creation and distribution.
About OverDrive Inc.
Founded in 1986, OverDrive Inc., ( www.overdrive.com ) is a leading provider of enterprise Digital Rights Management (DRM) and associated digital media solutions enabling the management and distribution of premium digital content over global networks. It is a world leader in a variety of digital publishing and eBook technologies, and Internet solutions for digital asset management and eCommerce.
Mentioned Last Change
MYIQ 0.0035 (Unchanged)
OverDrive has developed Content Reserve, the Global Digital Content Network -- a growing B2B marketplace providing channels for trusted retail fulfillment of premium content from the world's leading media companies. OverDrive offers:
-- Leadership in eBook and digital media publishing technologies
-- World leader in providing best-of-breed digital rights
management technology and services including Microsoft Digital
Asset Server, Microsoft Reader, Adobe Content Server, Adobe
Acrobat eBook Reader, and Palm Reader.
-- Online retail storefronts for vending protected content
-- B2B wholesale digital content distribution
-- Digital media repositories with integrated DRM clearinghouse
-- Custom development and consulting services
About Edulink Inc.
Edulink's current business focus is on the near and long term opportunities to implement a series of revenue generating products and services built upon our knowledge sharing system's core technologies known as the eKnowledgeXchange. The company's focus is not limited to the US K-12 market, but includes implementation in the international education marketplace as well as the utilization of these same core technologies to deploy revenue-generating models outside of the education market.
Edulink's core technology system, developed by its technology integration partner SAIC, and market tested over the last several years, is based on the integration of the three core foundations for digital asset or eKnowledge management: Storage & Retrieval, Repurposing and Distribution. The eKnowledgeXchange will allow for the personalized, secure and managed delivery of enhanced digitized assets or eknowledge utilizing one of our four proprietary delivery systems: the Internet, CD-ROM/DVD, Traditional Print, or e-Print on Demand. eKnowledge is knowledge, as it exists in a profoundly networked world. It is not just a digitized collection of knowledge. eKnowledge consists of knowledge objects and knowledge flows that combine content, context, and insights on application. The new Web site is located at http://www.eknowledgexchange.com
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the ability of Edulink Inc. to grow its related businesses, consummate potential financing arrangements and/or consummate anticipated service or distribution or acquisition agreements. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the limited operating history of Edulink, the company's limited financial resources, domestic or global economic conditions, activities of competitors and the presence of new or additional competitors, and conditions of equity markets. More information about the potential factors that could affect Edulink's business and financial results is included in Edulink's filings, available via the United States Securities & Exchange Commission.
CONTACT: Edulink Inc.
Stuart Smith, 760-643-1946
SOURCE: Edulink Inc.