Agreement Provides for Franklin's Distribution of New Electronic Dictionaries under the Franklin(R) and Seiko(R) Brands
MUNICH, Germany and BURLINGTON, N.J., Oct. 6 /PRNewswire-FirstCall/ -- Franklin Electronic Publishers, Inc. (AMEX:FEP), a world leader in handheld information, has entered into an Omnibus Licensing Agreement with the Langenscheidt Verlag (Publisher) that provides for the companies to cooperate in producing and marketing electronic dictionaries with content from Langenscheidt.
As a result of the strategic alliance between Franklin and Seiko Instruments Inc. (SII), a Japanese market leader, the licensed Langenscheidt titles will be incorporated into a new Multi-Title Dictionary Line of handheld products for distribution by Franklin and SII in the Asian and European markets.
Initially, Franklin is distributing the products under both the Franklin and Seiko brands in the German-speaking markets. The cooperation of Franklin and Langenscheidt provides a broad range of up-to-date dictionary content, reference works, and language guides for Franklin's new generation of e-dictionaries. Walter Schillings, Executive Director of Franklin Electronic Publishers (Deutschland) GmbH said, "We are planning a wide range of professional, bilingual translation devices in which the technology- and design-oriented hardware know-how of SII, the linguistic, electronic reference, and language learning skills of Franklin, and the many years of dictionary content expertise of Langenscheidt, the world-class German publisher, complement each other ideally." Hubert Haarmann, Director Electronic Business at Langenscheidt, says of the cooperation: "It is an important step forward in our policy of cooperating with strong partners."
Over 10 years ago, Franklin pioneered the electronic dictionary market in Germany and continues to be a leading provider in German-speaking markets. Franklin's strategic alliance with SII and the cooperation with Langenscheidt now enable Franklin to offer a comprehensive range in the electronic dictionary sector. Franklin's range of high-quality devices cover the spectrum from travel guides to multilingual dictionaries and other reference works for use by travelers, lifetime learners, business professionals, and students alike.
Franklin Electronic Publishers (AMEX:FEP) is a world leader in electronic handheld information, having sold more than 34,000,000 electronic books since 1986. Current titles available directly or through partners number more than 22,000 in sixteen languages under license from world-class publishers, such as Merriam-Webster and HarperCollins, focused in five genres: Learning, Language Learning, Travel, Spiritual, and Leisure. The Company also licenses its underlying technology to an array of partners including Adobe, Ademco (a division of Honeywell) and Macromedia. Franklin distributes ROLODEX(R) Electronics branded organizers worldwide and SEIKO branded reference products in North and South America and Australia and will begin distribution of those products in the European Community later in 2005. Franklin's products are available at 45,000 retail outlets worldwide, through catalogs, and online at http://www.franklin.com/.
ROLODEX(R) is a registered trademark of Berol Corporation, a subsidiary of Newell Rubbermaid Inc. SEIKO is a registered trademark of SEIKO Corporation.
Further information is also available on the Internet at: http://www.franklin.com/de
The Langenscheidt Verlagsgruppe (Publishing Group) is an internationally active family business which is rich in tradition and incorporates numerous companies in 11 countries offering a broad program in the fields of languages, information, travel, and cartography. The international product range includes some 10,000 titles. What began in 1856 with books and home-learning letters today covers a broad range of printed and electronic media, including online services. The company, which has around 1,400 employees worldwide, unites the brands Langenscheidt, DUDEN, Meyer, Brockhaus, Berlitz (Publishing), Polyglott, APA, Hexaglot, Mentor and Axel Juncker under a single roof. Langenscheidt also has American subsidiaries, international distribution centers, and technical operations. http://www.langenscheidt.de/
Except for the historical information contained herein, the matters discussed throughout this release, including, but not limited to, those that are stated as Franklin's belief or expectation or preceded by the word "should" are forward-looking statements that involve risks to and uncertainties in Franklin's business, including, among other things, the timely availability and acceptance of new electronic books, and other electronic products, changes in technology, the impact of competitive electronic products, the management of inventories, dependence on key licenses, titles and products, dependence on third party component suppliers and manufacturers, including those that provide Franklin-specific parts and other risks and uncertainties that may be detailed from time to time in Franklin's reports filed with the Securities and Exchange Commission.
CONTACT: Langenscheidt KG: Presse-und Offentlichkeitsarbeit: Sabine
Urschel, Tel.: 089/36096-293, Fax: 089/36096-295, e-mail:
Web site: http://www.langenscheidt.de/
Web site: http://www.franklin.com/