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Baker & Taylor Expands Digital Media Distribution Platform
Baker & Taylor, Inc.( 05/26/2009 )

OverDrive technology and distribution infrastructure to power customized Baker & Taylor platform for downloadable digital media

CHARLOTTE, N.C. - May 26, 2009 - Baker & Taylor, Inc., the world's largest distributor of books and entertainment products, today announced a long-term digital distribution and technology licensing agreement with OverDrive to provide customers with downloadable e-books, audio books, music and video, and related services. This partnership provides Baker & Taylor world-class infrastructure for distributing digital content.

"Baker & Taylor continues to enhance its digital media distribution platform with the best technologies available in the market," said Tom Morgan, CEO of Baker & Taylor. "We are executing on Baker & Taylor's strategic vision to be the industry leader in the distribution of bundled physical and digital media to our customers worldwide."

Over the coming months, Baker & Taylor will be offering a private label Digital Media Library - powered by OverDrive - to its library customers worldwide. In addition, Baker & Taylor will enable its retailers to purchase digital media that their customers can then download, transfer and playback on a variety of devices.

"The market timing for this alliance is perfect. The demand for digital media is exploding, and Baker & Taylor is in a prime position to give customers a bundled solution - digital content in multiple formats along with physical media," said Steve Potash, CEO of OverDrive. "OverDrive technology will provide Baker & Taylor customers worldwide the ability to securely manage, protect and fulfill orders for premium digital media."

For suppliers, Baker & Taylor is now uniquely positioned to better merchandise and monetize their content in multiple formats to multiple devices throughout its vast customer base worldwide.

"We are excited to bring superior digital media products and value-added services to our loyal customer base, and integrating the best technologies available is a key component of our digital strategy," said Bob Nelson, Executive Vice President for Global Business Development. "Adding digital media to our current offerings allows our retailers and library customers to buy additional products and services in a more efficient process from one trusted source."

About Baker & Taylor, Inc.
Baker & Taylor, Inc. (www.btol.com) is a global information and entertainment services company that offers books, videos, music, games and services to libraries, educational institutions, and retailers. Based in Charlotte, N.C., the company has been in existence for over 180 years, developing long-term relationships with major suppliers, including book publishers, movie studios, and music labels. Baker & Taylor maintains one of the largest combined in-stock book, video and music inventories in the United States, and services the broadest customer base in the industry. Baker & Taylor is majority owned by Castle Harlan Partners IV, L.P., a leading private equity investment firm.

About Castle Harlan
Castle Harlan, a leading private equity investment firm founded in 1987, acquired Baker & Taylor in July 2006. It invests in controlling interests in the buyout and development of middle-market companies in North America, Europe, and, together with CHAMP Private Equity, Australasia. Since inception, Castle Harlan has invested in 49 companies representing more than $9 billion in enterprise value. Castle Harlan's current portfolio companies, which employ more than 42,000 people, include Ames True Temper, a leading manufacturer of lawn and garden tools and accessories; and Anchor Drilling Fluids USA, Inc., the nation's largest independent provider of drilling fluids and fluid-handling services for onshore oil and gas drilling.

Media Contact:
Amy Baldwin
Baker & Taylor, Inc.
704-998-3136
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