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PUBEASY.COM TO OFFER NEW "HUB" WEBSITE FOR SMALL PUBLISHERS, DISTRIBUTORS AND WHOLESALERS

Somerset, NJ, November 19, 1999 . . . PubEasy.com, the global Internet inquiry and ordering service, announced today plans to develop a new service designed to allow small publishers, distributors and wholesalers (Affiliates) from anywhere in the world to participate on PubEasy.com through a new "hub" website. The new site will be linked to all other PubEasy.com Affiliate websites that participate in the PubEasy.com community. The new site will be called /EXCHANGE.

/EXCHANGE will provide participating small Affiliates with standardized messaging, file transfer formats and other technologies to enable pooling of title, price and availability information as well to accept and process orders through the /EXCHANGE site. Booksellers with a PubEasy.com password will have centralized access to the site for inquiry and ordering services.

/EXCHANGE will be open to small Affiliates regardless of their geography and will reflect global participation. /EXCHANGE will also enable small publisher and distributor Affiliates to interface with the new payment reconciliation service, BATCH.CO.UK which is being jointly developed with the Booksellers Association in the UK.

/EXCHANGE will be a fully branded PubEasy.com website reflecting the same standards of user interface and functionality which have now been supported and endorsed by the industry. Small publishers and distributors are watching as larger companies expand rapidly into the world of e-business and consolidate their trading on the PubEasy.com community. As e-business rapidly reshapes business-to-business trading across the global supply chain, all companies need solutions to participate, regardless of size.

"/EXCHANGE is a service concept we have been working on for some time now," said Peter F. Clifton, Chief Executive Officer of PubEasy.com. "PubEasy.com has achieved significant progress in developing its e-commerce infrastructure. Our mission is to build a fully deployed vertical e-business portal in the publishing industry and this is rapidly being adopted and supported. Over the past year, we have listened to different segments of the marketplace and specifically, small companies from all over the world have asked us to deploy a solution so that they could participate on PubEasy.com. These companies are seeking an outsourced, 24 X 7 hosted solution that will also tie them into the PubEasy.com network of websites and exposure to the rapidly growing PubEasy.com bookseller User base. We intend for /EXCHANGE to deliver this service. Our position is such that we are not restricted by geography or language and can therefore support this end of the market effectively."

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