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  ProQuest K-12 Press Release

ProQuest Acquires Serials Solutions
Acquisition of E-Journal Management/Linking Leader Gives ProQuest

ANN ARBOR, MICHIGAN, July 9, 2004 -- ProQuest Information and Learning has acquired Seattle-based Serials Solutions, Inc., a leading provider of e-journal management and linking services. ProQuest Information and Learning, a unit of ProQuest Company, creates and publishes databases for libraries and educational institutions worldwide.

Serials Solutions’ products and services—Article Linker, Journal Linker, an advanced A-Z title list service, and MARC records delivery—provide e-journal management and access solutions for academic, public, government, and corporate libraries around the world. The company has products installed in 1,300 libraries worldwide.

“The addition of linking and e-journal management services to our repertoire will have a tremendous positive impact on our customers,” said Ron Klausner, president, ProQuest Information and Learning. “We will now provide our customers with the most accurate, complete and current information about their e-journal holdings, and the means to easily link to full-text content using the OpenURL standard. The combination of ProQuest databases with the library-specific applications of Serials Solutions will create a richer experience for the end user.

“Serials Solutions is known for its innovation, superior service, and accuracy. We are committed to supporting the Serials Solutions business as it continues to develop those qualities, as well as maintaining a role as a trusted intermediary between libraries and content providers. We intend to  maintain operations in Seattle where Serials Solutions’ center of expertise exists, to ensure continuity in service.” said Klausner.

Steve McCracken, vice president of Serials Solutions, said, “This union is a great fit for both organizations. We are pleased to join the ProQuest family. Libraries are increasingly looking to content providers to enable seamless searching. Becoming part of ProQuest enables us to accelerate our development of new and useful solutions that address this need for libraries.”

More information about the Serials Solutions product line is available at www.serialssolutions.com.


About ProQuest Information and Learning
ProQuest Information and Learning is a world leader in collecting, organizing, and publishing information worldwide for 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-HealeyTM electronic and microform resources, UMI® microform and print reference products, eLibrary® and SIRS® educational resources, and XanEdu® online faculty and student resources. For more information about ProQuest Information and Learning, visit
www.il.proquest.com.

ProQuest Information and Learning is a business unit of ProQuest Company (www.proquestcompany.com), which was recently named one of the top 100 fastest growing technology companies in the United States by Business 2.0.

About ProQuest Company
ProQuest Company (NYSE: PQE) is based in Ann Arbor, Mich., and is a leading publisher of information solutions for the education, automotive and power equipment markets. We provide products and services to our customers through two business segments: Information and Learning and Business Solutions. Through our Information and Learning segment, which primarily serves the education market, we collect, organize and publish content from a wide range of sources including newspapers, periodicals and books. Our Business Solutions segment is primarily engaged in the delivery in electronic form of comprehensive parts and service information to the automotive and power equipment markets.

Forward-Looking Statements
Some of the statements contained herein constitute forward-looking statements. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our or our markets’ actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. These risks and other factors you should specifically consider include, among other things, the company’s ability to successfully integrate acquisitions and reduce costs, global economic conditions, product demand, financial market performance, and other risks listed under “Risk Factors” in our regular filings with the Securities and Exchange Commission. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “projects,” “intends,” “prospects,” “priorities,” or the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially.

News Media Contact:
Tina Creguer
Director, Communications/PR
1-800-521-0600, ext. 3805
734-761-4700, ext. 3805
pr@il.proquest.com

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