AUSTIN, TX - August 3, 2005 - NewsStand, Inc., the international leader in digital distribution of newspapers and magazines, announced today that it has entered a distribution partnership with NewsBank, Inc., one of the world's premier information providers. Through a joint distribution program that utilizes NewsStand's eEdition Delivery Manager, NewsBank customers in the library market will be offered online access to exact digital reproductions of current and archived print newspaper issues. In addition to satisfying the needs of library staff and patrons, this distribution partnership enables publishers to increase the audited circulation and awareness of their editions.

Digital editions are available at the same time as daily print editions, if not earlier. They are the exact replica of the print editions, featuring full-color layouts with advertisements, photos and graphics. A Web-based format called iBrowse® enables users to intuitively read articles, navigate between sections, print pages and search the full text.

"We are delighted to offer this tool to those researching a variety of subjects," commented Kit Webster, NewsStand's president and chief executive officer. "Now, library staff and patrons can easily read and navigate the exact replica of the printed newspaper edition, as well as access the full text. NewsBank's customer list is impressive, and we believe our joint offering will be received with enthusiasm by both current and new users of NewsBank's products."

NewsBank President Dan Jones added, "NewsBank is pleased to partner with NewsStand in this program as part of an ongoing strategy to meet our customers' needs for news content. Libraries will receive timely delivery of daily newspapers' digital editions from around the world. Digital editions are a significant complement to NewsBank's full-text databases of newspapers and other publications."

About Newsbank, Inc.

NewsBank has been one of the world's premier information providers for more than 35 years, serving schools, public and government libraries, universities, community colleges, professionals and consumers with market-leading research products. Through partnerships with many leading publishers globally, NewsBank provides Web-based access to more than 2000 current and archived newspaper titles, newswires, business journals, periodicals and other publications worldwide. NewsBank also offers authoritative digital collections of American historical documents, comprehensive online resources covering all academic curricula and subject areas and extensive services for publishers. For more information, visit www.newsbank.com.

About NewsStand, Inc.

NewsStand, Inc. is the leading digital partner for premier publishers of newspapers, magazines and other print media and is included in the eContent magazine list of Top 100 Companies for 2003. NewsStand's digital delivery solution makes it possible for subscribers to download via the Internet an entire publication in traditional print format that can be read offline or online on their computer. NewsStand not only offers an entirely new reading experience for the global community, but also creates innovative marketing opportunities for both publishers and advertisers. Currently, the company delivers and markets over 175 titles to paying customers in more than 120 countries.

NewsStand is a privately held company headquartered in Austin, Texas, with offices in Australia, Germany, New York City and the United Kingdom. Investors include Adams Capital Management, Noro-Moseley Partners, SSM Ventures and the New York Times Company. For more information on NewsStand, please visit www.newsstand.com.