NuvoMedia, Inc. Brings Readers into the Digital Age with the RocketBookTM Electronic Book and Distribution System

Company Announces barnesandnoble.com as a Strategic Partner/Investor

PALO ALTO, Calif. — (June 15, 1998) — In a revolutionary move that will launch the book reading community into the digital age, NuvoMedia, Inc. today announced the Q4 1998 arrival of the RocketBook electronic book and distribution system. Providing readers with a new way to purchase and read books, the RocketBook system allows for the publishing, distribution, purchasing and reading of electronic books safely and efficiently over the World Wide Web via a network of online booksellers. In making the announcement, Martin Eberhard, NuvoMedia's founder and CEO also named barnesandnoble.com as a strategic partner and investor in the company. NuvoMedia will make its debut at David Coursey's Digital Living Room [ http://www.digitallivingroom.com/ ] conference June 22-23, 1998 in Laguna Nigel, California.

"We have developed an electronic distribution system that fits transparently into the existing business model of both publishers and booksellers, making for a seamless electronic reading experience for book lovers everywhere," said Martin Eberhard, founder and CEO of NuvoMedia. "With strategic and financial support from barnesandnoble.com, the RocketBook will clearly be the electronic reading system of choice for consumers in the wired world."

"In recognizing the growing importance of an online bookstore to more effectively service our loyal customer base, barnesandnoble.com enthusiastically supports NuvoMedia," commented Steve Riggio, Vice Chairman of barnesandnoble.com. "Their RocketBook system provides readers with a new choice for content delivery, while allowing us to do what we do best market and sell books."

Historically, electronic publishing, while effective and very successful from the production side, has not been readily accepted by either publishers or readers. The tools for distribution have been non-existent, too expensive, or have undermined the protection of the publishers' intellectual property. Portable readers have been technologically challenging, too expensive or too difficult for most consumers to use. The advent of the RocketBook permanently transforms the publishing landscape by providing an end-to-end solution. NuvoMedia's World Wide Web distribution network, modern encryption technology and secure reading device solves the publishing industry's concerns about controlling and protecting content, while providing booksellers with an opportunity to sell digital editions of books alongside the paper editions. For the end user, the RocketBook will, for the first time, provide instant access to the vast universe of published content anywhere.

The RocketBook and future RocketBook-enabled readers will allow users to easily carry a small library with them, wherever they go. This 20-oz. paperback-sized electronic book can hold at least 4,000 pages of text and graphics at a time. Its user interface is designed for reading with optimized screen technology that is easy to read in all lighting situations. A battery life of 20 hours will provide users uninterrupted reading whether in the office, at home or on the go. Being digital, books read on the RocketBook can be browsed, searched, annotated, highlighted, bookmarked, linked and referenced in ways impossible with a paper book.

Headquartered in Palo Alto, and located on the Web at www.nuvomedia.com, NuvoMedia is dedicated to becoming the electronic book distribution solution by providing a network infrastructure for publishers, retailers and end users to publish, distribute, purchase and read electronic content securely and efficiently over the World Wide Web.

barnesandnoble.com is a leading online retailer of books and the exclusive bookseller to America Online (AOL)'s 12 million subscribers (Keyword: barnesandnoble). barnesandnoble.com also has exclusive partnerships with more than 9,000 Web sites through its Affiliate Network, including CNN Interactive, Lycos, and ZDNet.

barnesandnoble.com continues to bring bookselling innovation to the Internet. It was the first online bookseller to offer deep discounts and the first to carry an extensive inventory on its shelves. Currently, the company stocks more than 630,000 titles in its state-of-the-art distribution center, which is the largest standing inventory of any bookseller online.