Amazon to Launch Library Lending for Kindle Books - April 20, 2011

Customers will be able to borrow Kindle books from over 11,000 local libraries to read on Kindle and free Kindle reading apps
Whispersyncing of notes, highlights and last page read to work for Kindle library books

SEATTLE, Apr 20, 2011 (BUSINESS WIRE) -- (NASDAQ: AMZN)-- Amazon today announced Kindle Library Lending, a new feature launching later this year that will allow Kindle customers to borrow Kindle books from over 11,000 libraries in the United States. Kindle Library Lending will be available for all generations of Kindle devices and free Kindle reading apps.

Amazon is working with OverDrive, the leading provider of digital content solutions for over 11,000 public and educational libraries in the United States, to bring a seamless library borrowing experience to Kindle customers. "We are excited to be working with Amazon to offer Kindle Library Lending to the millions of customers who read on Kindle and Kindle apps," said Steve Potash, CEO, OverDrive. "We hear librarians and patrons rave about Kindle, so we are thrilled that we can be part of bringing library books to the unparalleled experience of reading on Kindle."
Kindle Library Lending will be available later this year for Kindle and free Kindle app users.

To learn more about Kindle go to www.amazon.com/kindle.

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Newsy Video discussion of Amazon's new service:
Business News: Kindle Free Library
Amazon Kindle Lending Library Books?
April 20, 2011   (2:12)
http://www.newsy.com/videos/amazon-kindle-lending-library-books/