AOL UK Signs Major Reference Content Deal with

15.03.1999, 14:08

Versaware NEW YORK (ots-PRNewswire) - Versaware Technologies, pioneersin electronic content conversion, announced the signing today ofa long-term agreement to provide both reference titles andtechnology to AOL UK, part of the world's leading Internet onlineservice provider, for use as part of AOL UK's range of onlinecontent. Initially the deal calls for Versaware to provide AOL UKwith a wide range of Versabook(R)-format reference titles duringthe course of 1999. The first of these titles is a UK version ofRoget's Thesaurus (The Oxford Thesaurus) which is accessible fromAOL's Learning Channel. "For AOL UK, this deal will allow us to continue to providehigh quality reference content to our UK subscriber base. We seekto offer our members content from highly respected publishinghouses, which to date has involved a lengthy conversion process,"said Frank Keeling, Director of Business Development at AOL UK."Versabook Technology has revolutionized this process, and welook forward to working with a company like Versaware, apioneering force in advanced Internet content conversion anddelivery technology." "Consumers are continuously demanding better and moreinteractive information available over the Internet. AOL UK issetting the standard for Europe, and Versaware is proud toempower AOL's next generation of content," added Harry Fox, CEOof Versaware. Versaware's patent-pending technologies convert referencetitles, textbooks and other content into an attractive, versatileelectronic multimedia format called Versabook. The company cancreate this electronic content quickly, easily and at a fractionof the current cost of content transformation. Versabooks can beviewed online or downloaded over the Internet and provide a rangeof advanced applications, most prominently the ability to searchacross multiple books simultaneously. Multimedia enhancementsprovide users with animations, pictures, sounds, music, maps andmore.

About Versaware Technologies Inc. Versaware Technologies is redefining the way we learn aboutthe world in which we live. Pioneers in the digital contentrevolution, Versaware's breakthrough patent-pending technologiesrapidly and inexpensively convert any content into a richmultimedia format called the Versabook(R). Headquartered in NewYork City, Versaware has Sales and Marketing offices in SiliconValley and Research and Development facilities in Jerusalem,Israel. Recent partnerships with leading publishers and strategicalliances include AOL UK, Pearson Education, Oxford UniversityPress, Random House, Primedia, Merriam Webster, ICTV, Websurferand others. For more information visit http://www.versaware.com.

About AOL UK America Online operates two worldwide Internet onlineservices: AOL Interactive Services with more than 16 millionmembers and CompuServe, with more than 2 million members. AOL UKis part of a joint venture established in March 1995 by AmericaOnline Inc. and Bertelsmann AG, Europe's largest media group, tobring innovative interactive services to the European market.With revenues of approximately $13 billion, Bertelsmann AG is aglobal group of companies in book, magazine and newspaperpublishing and distribution, music and entertainment, radio,television, video, printing and manufacturing. Among its best-known enterprises are RCA and Arista Records, the BantamDoubleday Dell Publishing Group, Book Club Associates and Gruner& Jahr. The joint venture AOL Bertelsmann Europe is, with its twoAOL and CompuServe brands, the leading pan-European InternetOnline service with over 2.4 million members. In the UK, AOL hasover 600,000 members. For a comprehensive archive of AOL pressreleases, visit: http://www.aol.co.uk/press ots Original TextService: Versaware Technologies Internet:http://www.newsaktuell.de Contact: Tony Telloni of Ruder FinnNY, 212-593-6393, or Charley Levine, of Ruder Finn Israel, +972-2-561-2005, both for Versaware; or Rachel O'Neill of AOL UK, +44-171-594-4571 Web site: http://www.aol.co.uk/press Web site:http://www.versaware.com

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