booktech.com Awarded Multi-year Contract by Universityof Maryland University College to Provide...

Business Editors/Education, Interactive & Multimedia Writers

WOBURN, Mass.--(BUSINESS WIRE)--June 22, 2000

booktech.com. (AMEX: BTC) announced today that it has been awarded a multi-year contract from University of Maryland University College (UMUC) that calls for the delivery of paper and digital course documents to the University's approximately 70,000 students worldwide.

booktech.com will obtain all copyright clearances and permissions required before printing, distributing, and delivering the coursework materials in a wide array of modes, including bound and printed highly customized "coursepacks," individual articles, electronic downloads or CDs.

Currently, the booktech.com digital library contains more than 70,000 in-demand articles from which professors may access choice articles used by other innovators on a worldwide basis. Utilizing the booktech.com program, UMUC faculty will be able to compile course and other filed-relevant collections within the library that may be reused or reconfigured for different classes. The booktech.com library is expected to grow exponentially, and the Company is committed to classify and manage its content in order to optimize value to UMUC professors and students, as well as other users.

University of Maryland University College is one of 11 accredited degree-granting institutions in the University System of Maryland. For 50 years, the University has fulfilled its principal mission: serving adult, part-time students through high-quality distributed education. Classroom sites can be found throughout Maryland, Washington, D.C. and northern Virginia. UMUC courses are delivered to U.S. military personnel at over 150 overseas locations in 28 countries. Students can also "attend class" from anywhere in the world by connecting electronically via the Internet to hundreds of electronic UMUC courses. Currently, the University offers 13 bachelor's and 10 master's degree programs completely online via WebTycho, the University's state-of-the-art interactive classroom software. Over 70 certificate programs, many completely online, will be offered this fall.

booktech.com's coursepack materials are carefully scanned, cleaned, centered and paginated so as to deliver quality documents for on-line downloading. The Company's established publishing process assures rapid turnaround time between orders and deliveries,

Today, booktech.com representatives take orders for course content via the telephone. However, by late summer, booktech.com will have its e-commerce platform operational which, over the Internet, will allow the Company to manage the publishing, rights and permissions, business, delivery, reporting and other transactions necessary to fully satisfy UMUC requirements. booktech.com's professor portal will enable the full design of a coursepack over the Internet. The student portal will facilitate the selection of required materials, payment and delivery. UMUC managers will be able to access operational data associated with sales, distribution options chosen and permission status via a secure web page.

booktech.com CEO Dr. Morris Shepard said, "Winning this coveted contract is a major endorsement of the quality products that booktech.com is able to provide educators worldwide. We look forward to a long-term relationship with UMUC."

Kim Kelley, UMUC assistant vice president for information and library services, commented, "booktech.com's ability to service our innovative traditional and distance education program is impressive. The Internet is an integral part of our distance education program and the fact that booktech.com will be able to satisfy the needs of our professors and students via the web is a key component of our education offerings."

Stephen Encarnacao, booktech.com's Chief Marketing Officer, summed up the announcement by saying, "We intend to prove to UMUC, and subsequently educators at every level worldwide, that booktech.com's ability to produce high quality content, in a variety of formats, in the most timely manner, is unsurpassed."

Note to Editor: Please include the complete name University of Maryland University College (or the acronym UMUC). Abbreviating the name might create confusion with other University System of Maryland institutions.

ABOUT booktech.com

booktech.com (www.booktech.com), headquartered in Woburn, MA, is a 4 1/2 year old, digital and on-demand publisher of custom textbooks and coursepacks. It is emerging as a first mover in the emerging E-Education and knowledge management market. The Company has built a customer base of over 2,500 professors and students in some 500 American colleges and universities nationwide, ranging from Harvard University to the University of Alaska. In addition to colleges and universities, booktech.com has become an important custom publishing resource in the K-12 market with such noteworthy titles as: Breaking the Spanish Barrier, Breaking the French Barrier, Trade Routes, and Choices.

This communication may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on the beliefs of the Company and its management. When used in this document, the words "anticipate," "believe," "continue," "estimate," "expect," "intend," "may," "should," and similar expressions are intended to identify forward-looking statements. Such statements reflect the current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions, including, but not limited to, the risk that the Company may not be able to implement its growth strategy in the intended manner, risks regarding currently unforeseen competitive pressures and technological changes. In addition, the Company's business, operations and financial condition are subject to the risks, uncertainties and assumptions which are described in the Company's reports and statements filed from time to time with the Securities and Exchange Commission. Should one or more of those risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein.