Tuesday, April 30, 2002

Palm Digital Media and OverDrive

<A HREF="http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=153400&TICK=PALM&STORY=/www/story/04-30-2002/0001717291&EDATE=Apr+30,+2002">Palm, Inc.</A> issued a press release stating Palm Digital Media and OverDrive, Inc. announced they have signed a memorandum of understanding outlining their intention to expand global digital distribution and retail marketing of ebooks in the Palm Reader format. OverDrive plans to integrate Palm Digital Media's DRM technology and ebook catalog into its suite of eCommerce solutions, including MIDAS and Digital Kiosk--turnkey retail systems for the secure distribution of ebooks through the Internet. OverDrive would be the first distributor to offer and support ebooks in the Palm Reader format through Content Reserve, OverDrive's B2B digital content network serving more than 400 publishers worldwide.

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