Motricity's eReader.com Forms Strategic Partnership with Lightning Source to Expand eBook Marketplace; Leaders Combine to Power eBookstores in Leading eBook Formats

Business Wire, June 2, 2005

DURHAM, N.C. -- Motricity, the premier provider of mobile content to consumers, today announced that its eReader.com division has partnered with Lightning Source Inc., a subsidiary of Ingram Industries Inc., the leading provider of combined book manufacturing and distribution services, to expand the availability of eBooks to consumers worldwide.

The demand for eBooks is growing aggressively, and the partnership enables both companies to deliver the broadest catalog on the market. Lightning Source will add to its current catalog of titles in Microsoft and Adobe Acrobat formats to become the exclusive DRM licensee in the United States for eReader's 15,000 eBook titles. eReader is the most widely used eBook reader, currently accounting for more than 50 percent of the total market, according to recent statistics published by the Open eBook Forum (OeBF).

This partnership will also enable customers that are building branded eBook storefronts to have access to the most comprehensive collection of eBook formats and eBook titles. eReader.com provides state of the art eCommerce capabilities and can design a custom, cross-format store matched to the customer profile and interests of publishers, technology companies and other leading online sites.

"We value our customers' experience and strive to satisfy our customers with the best selection of content and market-leading service," said Ryan Wuerch, chairman and chief executive officer at Motricity. "Our alliance with Lightning Source will allow us to deliver on the growing demand for eBooks and provide our customers with the most compelling catalog on the market."

eReader.com and its award-winning eBook reader, eReader Pro, is the most popular eBook store and easiest-to-use eBook reader available today. eReader titles are available in over 60 categories which can be read on the Palm, Windows Mobile, Symbian, Windows and Macintosh platforms.

"eReader is the most popular eBook format in the industry today," said J. Kirby Best, president and chief executive officer at Lightning Source. "Motricity and Lightning Source also share a common goal of driving the adoption of eBooks around the globe. We can accomplish that by continuing to deliver new eBook titles, formats and tools to the market. Our current customers, such as Powells.com, will now be able to provide an even larger selection of eBooks to their customers."

About Lightning Source Inc.

Lightning Source is the industry's leading provider of combined book manufacturing and distribution services. Powered by the world's leading digital book library, Lightning Source stores books electronically and delivers them "on demand" in either traditional printed format or as eBooks in response to orders from publishers, booksellers and librarians. The company is revolutionizing the options available to the publishing industry in the storage, management and distribution of digital content. Lightning Source has printed more than 20 million "on demand" books for more than 2,500 publishers around the world. Lightning Source UK Ltd. is a subsidiary of Lightning Source Inc., a subsidiary of Ingram Industries Inc. For more information, visit our website at www.lightningsource.com.

About eReader.com

eReader.com, a Motricity company, is the world's largest and most popular eBookstore. eReader.com offers hundreds of new releases each month through successful partnerships with the leading trade and reference publishers such as Random House, Simon & Schuster, Merriam Webster, Time Warner Book Group and more than 80 other prominent publishers. Founded in 1998, eReader.com has built a devoted customer base with thousands of new customers purchasing for the first time every month. For more information, please visit: www.ereader.com.

About Motricity

Motricity is the premier provider of mobile content to consumers, uniquely powering over 120 million mobile subscribers with its market-leading Fuel mobile content delivery platform through global partners such as Cingular Wireless, Verizon Wireless, China Unicom, O2, Amazon.com, palmOne and many others. With a catalog of more than 500,000 mobile titles, the company is also one of the world's largest providers of mobile content through its network of consumer websites and channel partnerships, reaching over 10 million consumers worldwide. From games to business applications, and from ringtones to eBooks, Motricity powers the entire spectrum of mobile content delivery solutions for consumers and business partners. Motricity is headquartered in Research Triangle Park, NC, with offices in Munich, London, Beijing and San Francisco. For more information, please visit www.motricity.com.