Ancestry and ProQuest Announce Expanded Distribution Agreement Market leaders expand agreement to provide highly regarded resources for libraries, researchers, and family history enthusiasts
PROVO, Utah and ANN ARBOR, Mich., June 27, 2014 /PRNewswire/ -- Ancestry, the world's largest online family history resource, and ProQuest announced today an expanded agreement to create broader and deeper opportunities to deliver premier genealogy resources to libraries worldwide. Under the new multi-year agreement, ProQuest will be distributor of both existing products, including Ancestry Library Edition, and future Ancestry products. The agreement also allows for significant content and feature improvements to ProQuest's HeritageQuest Online. These enhancements will be developed in the coming months and powered by Ancestry.
"We are pleased to announce our expanded strategic relationship with ProQuest," said Brian Hansen, Ancestry vice president of emerging businesses. "We look forward to working together to create new and enhanced resources for libraries that uniquely respond to the needs of this growing market."
"This new agreement expands on our 10-year relationship with Ancestry to deliver leading solutions for our customers," said Simon Beale, senior vice president and general manager, ProQuest. "We're leveraging the synergies between our companies, bringing together skills and talents in way that will advance the family history services libraries can offer their patrons."
Ancestry Library Edition, powered by Ancestry and distributed by ProQuest, brings the world's largest online family history resource directly to libraries. Featuring more than 13 billion records in more than 8,000 unique databases, Ancestry Library Edition is an unparalleled online global record collection from North America, the United Kingdom, Europe, Australia, and beyond.
HeritageQuest Online, which can be accessed from anywhere, is a strong complement to Ancestry Library Edition. HeritageQuest Online is a treasury of American genealogical sources, including the digitized version of the popular ProQuest Genealogy & Local History book collection and other valuable content.
Ancestry is the world's largest online family history resource with approximately 2.7 million paying subscribers across all its websites. More than 14 billion records have been added to the Ancestry.com sites and users have created more than 60 million family trees containing more than 6 billion profiles. In addition to its flagship site www.ancestry.com, the company operates several global Ancestry international websites along with a suite of online family history brands, including Archives.com, Fold3.com, Newspapers.com, and offers the AncestryDNA service via its subsidiary, Ancestry.com DNA, LLC, all of which are designed to empower people to discover, preserve and share their family history.
Ancestry Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond the company's control. In particular, such risks and uncertainties include the company's ability to acquire content and make it available online and its ability to provide value to satisfy customer demand. Information concerning additional factors that could cause events or results to differ materially from those projected in these forward looking statements is contained under the caption "Risk Factors" in our Quarterly Report on Form 10-Q for the period ended March 31, 2014, which was filed with the Securities and Exchange Commission on May 7, 2014, and in discussions in other of our Securities and Exchange Commission filings. These forward-looking statements should not be relied upon as representing our views as of any subsequent date and we assume no obligation to publicly update or revise these forward-looking statements.
About ProQuest (www.proquest.com)
ProQuest connects people with vetted, reliable information. Key to serious research, the company's products are a gateway to the world's knowledge including dissertations, governmental and cultural archives, news, historical collections and ebooks. ProQuest technologies serve users across the critical points in research, helping them discover, access, share, create and manage information.
The company's cloud-based technologies offer flexible solutions for librarians, students and researchers through the ProQuest®, Bowker®, Dialog®, EBL®, ebrary® and Serials Solutions® businesses – and notable research tools such as the Summon® discovery service, Flow™, Pivot™ and the Intota™ library services platform. The company is headquartered in Ann Arbor, Michigan, with offices around the world.