Harvard Business School Publishing Chooses XanEdu To Distribute Education Content Worldwide

December 18, 2001

XanEdu, a division of ProQuest Company (NYSE: PQE), and Harvard Business School Publishing have entered a digital content relationship under which Harvard Business School case studies and reprints of Harvard Business Review (HBR) articles will be available through XanEdu’s digital CoursePacks System.

Harvard Business School Publishing brings what is considered to be the world’s premier collection of business case studies as well as landmark articles from Harvard Business Review to XanEdu’s already robust business case study offerings. This partnership solidifies XanEdu’s position as a leading online source for academic business content.

“Adding Harvard Business School case studies and HBR articles to XanEdu’s business CoursePacks offerings significantly expands XanEdu’s ability to meet the demands of the global business school market,” said Lew Gossage, XanEdu’s general manager. “Diversifying XanEdu’s case offerings gives faculty worldwide even more flexibility in creating their own custom CoursePacks.”

Under the agreement, Harvard Business School case studies and current and archived articles of the Harvard Business Review will be available to faculty and students through XanEdu’s online CoursePack offerings, as well as offline through XanEdu’s print pack solution, beginning in January 2002. XanEdu will also offer a printed version of the cases or articles and include a digital key for online viewing. XanEdu will ensure the intellectual property of these publishers and authors by limiting the ability to view, copy, and print copyrighted materials on XanEdu. XanEdu’s digital rights management solution provides for protection of this content while it is available on XanEdu.

“XanEdu’s ability to meet Harvard Business School Publishing’s need for secure digital rights management and its capacity to aggregate content for a global business academic audience made XanEdu the ideal choice for Harvard Business School Publishing’s largest digital content partnership,” said Bill McKenna, Director, Academic Sales and Business Development for Harvard Business School Publishing. “XanEdu’s global and domestic reach is unmatched, and Harvard Business School Publishing is confident this new relationship will further benefit business faculty around the globe.”

Concurrent with the addition of Harvard Business School Publishing’s materials to the XanEdu CoursePack offerings, XanEdu’s parent company is also in the process of digitizing issues of the Wall Street Journal, the New York Times, Christian Science Monitor and the Washington Post dating back to the first issue of each of the respective publications. This Historical Newspapers offering will be integrated into the XanEdu collection mid-2002.

About XanEdu

XanEdu is a division of ProQuest Information & Learning. It publishes online and offline course materials for the higher education market, helping faculty teach smarter and students learn smarter. XanEdu also has amassed one of the largest commercial and scholarly archives of journals, periodicals, newspapers, books, dissertations, primary literature works, and academic collections, through its parent, ProQuest Information & Learning. www.xanedu.com

About ProQuest

ProQuest Company (NYSE: PQE) was born of Bell & Howell Company’s two highly respected information access businesses – Information & Learning and Publishing Services. Based in Ann Arbor, Mich., ProQuest Company is a leader in e-learning and e-publishing. For its customers in the education and transportation vertical markets, the company provides access to a body of content and suite of products and services that is unmatched in breadth and depth. Additional information on ProQuest Company can be found at www.proquestcompany.com.

About ProQuest Information and Learning

ProQuest Information and Learning is a world leader in collecting, organizing, and distributing information worldwide to researchers, faculty, and students in libraries and schools. Known widely for its strength in business and economics, general-reference, humanities, social sciences, and STM content, the company develops premium databases comprising periodicals, newspapers, dissertations, out-of-print books, and other scholarly information from more than 8,500 publishers worldwide. Users access the information through the ProQuest® Web-based online information system, Chadwyck-Healey(tm) electronic and microform resources, UMI® microform and print reference products, and XanEdu(tm) online faculty and student resources. For more information about ProQuest Information and Learning, visit www.il.proquest.com.

About Harvard Business School Publishing

Headquartered in Boston, Massachusetts, Harvard Business School Publishing is a wholly-owned, not for profit subsidiary of the Harvard University. HBSP publishes for the general, professional, and academic markets. Its offerings include the widely respected Harvard Business Review, books from the Harvard Business School Press, the newsletters Harvard Management Update, Harvard Management Communication Letter, and Balanced Scorecard Report, a line of multimedia products for management development, videos, simulations, course books and cases. For more information, please visit our website at http://www.hbsp.harvard.edu

Contact:

Ingrid Ellerbe

XanEdu

800-218-5971, ext. 6509

lellerbe@xanedu.com

Lara Kline

Fleishman-Hillard

202-828-9758

klinel@fleishman.com

Sarah McConville

Harvard Business School Publishing

617-783-7559

smcconville@hbsp.harvard.edu