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PUBEASY LAUNCHES GLOBAL E-BUSINESS SERVICE FOR 
SMALL AND MEDIUM SIZED PUBLISHERS

PubEasy/EXCHANGE provides global Internet trading without costly 
infrastructure or installation investment

White Plains, NY, October 11, 2000 . .PubEasy, the Global Publishing e-Marketplace announced today plans to introduce the new centrally hosted global service PubEasy/EXCHANGE at the Frankfurt Book Fair. PubEasy/EXCHANGE enables small and medium sized publishers, distributors and wholesalers (Affiliates) to easily join PubEasy and trade with booksellers around the world. Each company that joins the PubEasy/EXCHANGE service launches a full featured PubEasy B2B "store front" with their own logo and presence to all booksellers connected on the global PubEasy e-Marketplace.

PubEasy/EXCHANGE allows small and medium sized Affiliates to trade directly and electronically with their bookselling customers thereby increasing sales, saving time and significantly reducing the high costs associated with launching a B2B e-commerce web site. PubEasy/EXCHANGE is open to small companies regardless of their geographic location. Booksellers can access PubEasy/EXCHANGE Affiliates to check on up-to-date title, price and availability, place orders and access e-Catalogs over the Internet on a 24 hour, 7-day per week basis.

Booksellers who subscribe to PubEasy’s /TRANSACT premium service for processing "batched" orders and inquiries can also trade with PubEasy/EXCHANGE Affiliates.

"/EXCHANGE is the first global, Internet B2B service that facilitates booksellers to do business directly with the small and medium sized publishers who are traditionally hard to reach but contribute greatly to each market’s sales volume." said Peter F. Clifton, Chief Executive Officer of PubEasy. "Booksellers want a single point of access, a standard way of transacting over the web and minimal frustration. PubEasy facilitates this on behalf of the small and medium sized publishers who make up the fragmented segment of the supply chain. Many publishers from around the world have come to us and are seeking a fast, affordable global e-commerce solution and can’t justify the high-costs of maintaining a complicated in-house system. /EXCHANGE provides an outsourced, 24/7 hosted solution that will also tie them into the PubEasy network of websites and exposure to the rapidly growing PubEasy bookseller user base."

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