Demibooks Announces Funding From Educational Development Corporation (EDC)

Oct 18, 2011, 09:00 ET from Demibooks, Inc.

CHICAGO, Oct. 18, 2011 /PRNewswire/ -- Demibooks, Inc. (www.demibooks.com), a Chicago-based digital publishing technologies company, announces an equity investment from Educational Development Corporation (EDC).

Demibooks recently launched Composer, a digital publishing platform for creating children's interactive book apps on the iPad. Rafiq Ahmed, CEO of Demibooks says, "We are thrilled to receive this investment from EDC. Their deep experience in publishing and distribution gives us a valuable strategic partner."

Randall White, President & CEO of EDC says, "EDC has used Demibooks® Composer and we're very pleased with the results, and feel this product will be an excellent tool for publishers industry-wide. We are also excited to provide funding which will allow Demibooks to continue development of this outstanding product, as well as the development of our own interactive books on their platform. With 28 years experience in publishing children's books, we look forward to being a part of and participating in the future of our industry."

About Demibooks

Demibooks provides a publishing platform for interactive books. Demibooks® Composer is the first code-free, affordable way for publishers and self-published authors and illustrators to create interactive books for the iPad, right on the device itself. Composer is now available for free download for a limited time from the App Store (http://bit.ly/getcomposer). Founded in 2010, Demibooks is headquartered in Chicago. More information about the company and its products can be found at www.demibooks.com. You can also contact Nadeem Rahman at nadeem@demibooks.com or at (872) 216.6006 if you have any questions.

About Educational Development Corporation (EDC)

Educational Development Corporation is a publicly traded company on the NASDAQ stock exchange (ticker: EDUC). EDC sells children's books, including Usborne Books and the Kane/Miller line of international children's titles through a multi-level sales organization of independent consultants, through 5,000 retail stores and over the Internet.  More than 1,500 different titles are available for children of all ages, with periodic new additions. For more information on EDC please visit www.edcpub.com

SOURCE Demibooks, Inc.



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