Acquires Three Leading Internet Companies Acquisitions Extend Company's Ability to Serve International


Apr 27, 1998, 01:00 ET from, Inc.

    SEATTLE, April 27 /PRNewswire/ --, Inc. (Nasdaq:   AMZN), today
 announced that it has acquired three leading Internet companies:  Bookpages,
 Ltd; Telebook, Inc.; and Internet Movie Database Ltd. expects
 online retailers Bookpages and Telebook to become fundamental components of
 its expansion into the European marketplace, and Internet Movie Database to
 support its eventual entry into online video sales.
     "These acquisitions will enable to quickly offer European
 consumers the same combination of selection, service, and value that we now
 provide our U.S. customers," said Jeffrey P. Bezos, founder and
 CEO. "I'm excited about these companies because each has a relentless focus on
 customer service, an unwavering commitment to Internet commerce, and a smart,
 innovative management team."
     Bookpages ( is one of the largest online bookstores in
 the United Kingdom, providing access to all 1.2 million U.K. books in print.
 Bookpages Managing Director Dr. Simon Murdoch said of the acquisition, "This
 is fantastic news for Bookpages and its customers. By combining's
 resources with Bookpages' in-depth knowledge of the U.K. marketplace, we can
 provide even better service and selection to our customers inside and outside
 of the United Kingdom."
     Telebook (, operating through its ABC Bucherdienst
 subsidiary, is Germany's number one online bookstore, with a catalog of nearly
 400,000 German-language titles. Telebook President Michael J.G. Gleissner
 commented, "Telebook's longtime local expertise in online bookselling in
 Germany combined with's worldwide brand and powerful technology
 will lead to tremendous benefits for the customer."
     Originally launched in 1990, Internet Movie Database ( is a
 comprehensive repository for movie and television information on the Internet.
 "Everyone at IMDb is excited about becoming a part of," said Colin
 Needham, IMDb Managing Director. "Because of their similar passion for books,
 the team understands and fully supports IMDb's mission of providing
 the best possible information to movie lovers."
     Each of the acquisitions will be accounted for under the purchase method
 of accounting. The company will incur total charges of approximately
 $55 million in connection with all three transactions. Consideration was
 comprised of cash and common stock, and the company anticipates issuing an
 aggregate of approximately 540,000 shares of common stock as a result of these
 transactions., Inc., Earth's Biggest Bookstore, is the largest online
 retailer of books. offers a catalog of more than 3 million book,
 music, and other titles, plus easy-to-use search and browse features, e-mail
 services, personalized shopping services, secure Web-based credit card
 payment, and direct shipping to customers. has virtually unlimited
 online shelf space and offers customers a vast selection through an efficient
 search-and-retrieval interface, as well as streamlined ordering through
 1-ClickSM technology. pioneered the concept of syndicated selling
 on the Internet and has more than 40,000 members in its Associates Program
 including, Yahoo!, Netscape, Excite, the AltaVista Search Service, the
 @Home Network, the Prodigy Shopping Network, and iVillage.
     This announcement contains forward-looking statements that involve risks
 and uncertainties that include, among others,'s limited operating
 history, the unpredictability of its future revenues, and risks associated
 with capacity constraints, management of growth, and new business
 opportunities. More information about factors that potentially could affect's financial results is included in the company's Annual Report on
 Form 10-K for the year ended December 31, 1997, filed with the Securities and
 Exchange Commission.
     NOTE:, Earth's Biggest Bookstore, and 1-Click are service
 marks of, Inc. All other names are trademarks of their respective