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Palm Digital Media and OverDrive Announce Plans for Global Distribution
Will provide secure distribution of Palm Reader eBooks through the Internet
Palm Digital Media and OverDrive, Inc., two leading providers of eBook content and handheld computers, have 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(TM) format. Palm Digital Media, recently named Best eBook Publisher by Handheld Computing Magazine, is a business unit of PalmSource, Inc., the Palm OS(R) subsidiary of Palm, Inc.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. Palm Digital Media currently has an inventory of nearly 5,000 titles from leading publishers, including HarperCollins, Random House, Simon & Schuster, St. Martin's Press and AOL Time Warner Book Group.
OverDrive and Palm Digital Media plan to work together to educate publishers, authors and booksellers about the Palm Reader format. In addition, OverDrive would provide broad conversion services for publishers who want to convert their titles into the Palm Reader format for use on millions of handhelds.