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Monday, September 18, 2006

Former Yahoo!, IAC/InterActiveCorp, and Signatures Network Executives to Aid Alibris Expansion into U.K. & European Used Books Markets

Former Yahoo!, IAC/InterActiveCorp, and Signatures Network Executives to Aid Alibris Expansion into U.K. & European Used Books Markets

Management Team to Drive Global Marketing and Mergers and Acquisitions for Leading Provider of New and Used Books

EMERYVILLE, Calif., Sept. 18 /PRNewswire/ -- Alibris, the premiere online destination for new and used books, announced today that it has welcomed three sought-after executives to its management team in order to help the company to expand into international used book markets and to grow via corporate development.

After conducting an aggressive search, Alibris has hired three respected professionals who are ideally suited to further the online bookseller's remarkable growth. Each new management appointment aids the company's aggressive plans to expand internationally, beginning with the United Kingdom used book market. The new executives also open the way for Alibris to pursue mergers and acquisitions that will complement its hard-to-find books, movies, and music business.

"Alibris will be steering an ambitious course over the next several months," said Marty Manley, the company's chief executive. "Jeanie, Manjari, and Richard have joined us at an opportune time, and with the skills and experience necessary to help broaden our international presence and to achieve our M&A goals."

Jeanie Bunker Welcomed as Vice President, Sales and Marketing

Jeanie Bunker is responsible for leading the sales and marketing teams at Alibris, and is orchestrating the company's international expansion. She has 14 years of experience in consumer and business segment marketing in Internet and financial services companies. Prior to joining Alibris, Jeanie served as the vice president of global direct marketing at Yahoo!. She also drove marketing efforts as a vice president at both E*TRADE Financial and Bank of America.

Manjari C. Bhatia Positioned as Director of Corporate Development

Manjari C. Bhatia is responsible for corporate development at Alibris, furthering the company's growth through anticipated mergers and acquisitions. Prior to joining Alibris, she was a director at IAC/InterActiveCorp, where she focused on strategy, M&A, and business development, and worked with flagship companies such as Citysearch and Evite. She also managed private equity investments at Hicks, Muse, Tate & Furst and focused on leveraged finance and sponsor coverage at Credit Suisse First Boston.

Richard Hewitt Enlisted as Corporate Controller

Richard Hewitt manages the day-to-day finance and accounting operations at Alibris, helping to shoulder the financial management responsibilities inherent in the company's expansion goals. He has 13 years of experience in financial and legal operations, and is a U.K. Chartered Accountant. Prior to joining Alibris, Richard was the director of finance at Signatures Network, the global leader in music merchandising, where he focused on financial planning, royalty reporting, and audit engagements.

About Alibris

Alibris is the premiere online destination for new and used books, as well as rare and out-of-print books. We connect people who love books, music, and movies to the best independent sellers from 45 countries around the world. Our proprietary technology and advanced logistics allow us to offer over 60 million used, new, and out-of-print books to consumers, libraries, and retailers, which include Barnes & Noble, Borders, Amazon.com, and Books-A-Million. Founded in 1998 and acquired by Oak Hill Capital Partners in 2006, Deloitte named Alibris a "Fast 50" and a "Technology Fast 500" growth business in 2005. Alibris is a registered trademark.

Contact
Cara Holbrook
+1-510-594-4500
pr@alibris.com

Source: Alibris

CONTACT: Cara Holbrook of Alibris, +1-510-594-4500, or pr@alibris.com

Web site: http://www.alibris.com/

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