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Alibris Announces Record Sales of New and Used Textbooks

Student quest for cheap textbooks leads to tremendous growth

EMERYVILLE, CA—August 30, 2005—Alibris, the premiere destination for used, new, and out-of-print books, announced today that sales of textbooks drove August sales 70% higher than July. Those sales represented a 40% increase compared to August, 2004.

Parents and students can find cheap textbooks at Alibris (www.alibris.com) by searching by textbook title, author name, or ISBN. Used textbooks can save students as much as 90% off of new textbook prices.

"We're excited by the dynamic growth in this market," says Alibris CEO Martin Manley. "At Alibris, we are continually improving the customer experience for textbook shoppers, whether they are looking for books for a homeschool, public school, or private school classroom, or for new or used textbooks for college."

Alibris offers students "safe savings" for new and used textbook purchases and a 30-day money-back guarantee. To ensure the satisfaction of shoppers looking for bargain books at Alibris, the company has adopted a stringent protocol to screen independent sellers who misrepresent the edition or condition of textbooks online.

"We believe part of what's fueling our growth is our growing reputation as one of the safest places to shop for new and used textbooks online," adds Manley. "We'll continue to improve our technology and our service to keep our customers returning again and again."

About Alibris
Alibris is the premiere online destination for new, used, rare, and out-of- print books. We connect people who love books, music, and movies to the best independent sellers from 45 countries around the world. Our proprietary technology and advanced logistics allow us to offer over 60 million used, new, and out-of-print books to consumers, libraries, and retailers, which include Barnes & Noble, Borders, Amazon.com, and Books-A-Million. Founded in 1998 and acquired by Oak Hill Capital Partners in 2006, Deloitte named Alibris a “Fast 50” and a “Technology Fast 500” growth business in 2005. Alibris is a registered trademark. 

Media Inquires

All press inquiries should be directed to: A.J. Kohn at pr@alibris.com.

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