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Alibris names Brian Elliott CEO

Founder Marty Manley turns Alibris over to his successor

EMERYVILLE, CA—December 5, 2007—Alibris, Inc. founder Marty Manley today announced that Brian Elliott would take over as CEO of the online book, music, and movie exchange as of the new year. Elliott is an eight-year veteran of Alibris and has served as the company's President and COO since 2006.

"I have had a very rewarding ten years," declared Manley, who launched the company with bookseller Dick Weatherford in late 1997. "When we started Alibris, we thought the Internet could help sellers find new customers and help book lovers find what we used to call 'hard-to-find-books.' Alibris has grown from a few employees working out of my house to a large, consistently profitable, global exchange for books, music, and movies. The end of a decade is the right time for me to make a transition that we have been considering for some time. Brian is the right person to lead this company through the next stage of its growth, and I am proud to turn the business over to him."

Elliott thanked Manley for his leadership, noting that "What Marty has built at Alibris in the last ten years is phenomenal. Under his leadership, we have created a media exchange that is unmatched in its breadth of seller channels—from our retail site, which is visited by millions of visitors each year, to our business partnerships with major online retailers and institutional libraries." Elliott said that Alibris has never had more customers or a stronger organization, technology foundation, or market position than it does today. "We have a great leadership team, and the investments we made in 2007 will allow us to deliver more sales and services to more sellers than ever before and will enable our customers to discover new sources of books, music, and movies.

Manley indicated that he is starting a new company and would announce details in the new year.

About Alibris
Alibris is the premiere online destination for new and used books, as well as 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 more than 75 million used, new, and out-of-print books to consumers, libraries, and retailers, which include Amazon.com, Barnes & Noble, Books-A-Million, Borders, Chapters/Indigo, and Half.com. Founded in 1998 and acquired by Oak Hill Capital Partners in 2006, Alibris was named a "Fast 50" and a "Technology Fast 500" growth business by Deloitte in 2005. Alibris is a registered trademark.

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