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EDCOR AND BARNES & NOBLE.COM TEAM UP TO STREAMLINE CORPORATE TEXTBOOK PURCHASING

Integrating Tuition Reimbursement Administration and Online Textbook Purchasing Give Corporate Students a Better Way to Buy Books

Pontiac, Michigan – July, 2003 – Edcor, the nation’s leading provider of corporate tuition reimbursement and administration solutions, is partnering with Barnes & Noble.com (www.bn.com) to develop a new web-based textbook purchasing and reimbursement process. This unique integration of Barnes & Noble.com’s Custom Bookstores with Edcor’s reimbursement tracking services enables students in a corporate learning environment to easily purchase textbooks via the web at discounted prices, and have all costs automatically reimbursed.

Using a link from Edcor’s tuition reimbursement portal, corporate students make their purchase selections from the extensive list of over 300,000 new and used textbooks that Barnes & Noble.com has to offer. Students are prompted to follow purchasing guidelines unique to their company and curriculum, and all textbook expenditures are then automatically matched to the student’s “account” and credited for reimbursement.

Lance P. Ross, Edcor’s Sales Director of Reimbursement Services said, “This partnership is a natural fit considering Edcor’s presence in the corporate tuition reimbursement market and Barnes & Noble.com’s impressive textbook catalog. Our objective is to simplify the textbook purchasing and reimbursement process for our clients.”

“Partnering with Edcor is an important part of our corporate growth strategy,” said Brian Buckley, Vice President of Professional Sales and Merchandising for Barnes & Noble.com. “Through its tuition reimbursement process, Edcor interfaces with over 150,000 students annually. Each of these students will likely purchase textbooks. Barnes & Noble.com offers corporate bookstores that are configurable to support various payment strategies including corporate purchasing cards, purchase orders, or individual credit cards as well as a suite of reports to manage this expense.”

About Edcor
Edcor is a trusted partner in outsourced administration solutions for the Fortune 500. As a recognized leader in creating outsourced solutions that support corporate education, compliance, customer and employee relationship management, and subsidy reimbursement programs, Edcor integrates innovative technology with superior customer service.

A partnership with Edcor enables organizations to maintain focus on their core business while providing the confidence that outsourced processes will be handled in a high quality and cost effective manner.

About Barnes & Noble.com
Barnes & Noble.com is a leading Internet-based retailer of books, music, DVD/video and online courses. Since opening its online store (www.bn.com) in March 1997, Barnes & Noble.com has attracted more than 14.4 million customers in 230 countries. Barnes & Noble.com's bookstore includes the largest in-stock selection of in-print book titles with access to approximately one million titles for immediate delivery, supplemented by more than 30 million listings from its nationwide network of out-of-print, rare and used book dealers. Barnes & Noble.com offers its customers fast delivery, easy and secure ordering, and rich editorial content.