RoweCom's First Quarter Results to Exceed Expectations

Reiterates Goal of Becoming Cash Flow Positive in 2001



Apr 04, 2001, 01:00 ET from RoweCom Inc.

    WESTWOOD, Mass., April 4 /PRNewswire/ -- RoweCom Inc. (Nasdaq:   ROWE), a
 global leader in knowledge resource management and acquisition services, today
 announced that the company expects its first quarter results to exceed both
 its revenue and its expense goals.  Revenue are expected to increase by more
 than 20% over Q1 2000.  In addition, the Company expects Operating Expenses
 for Q1 2001 to be reduced by more than 25% compared with Q1 2000.   The
 combination of these two results accelerates Company's previously stated goal
 of becoming cash flow positive for the calendar year 2001.
     "These results are a continued indication of the increased importance and
 use of RoweCom's services by academic, medical, and corporate institutions,_
 said Dr. Richard Rowe, RoweCom's Chairman and CEO.  "They are important early
 milestones toward our stated goal of being cash positive from operations this
 fiscal year."
     RoweCom's final first quarter results will be released on April 26, 2001.
 
     About RoweCom, Inc.
     A first mover in business-to-business e-commerce, RoweCom provides global
 web-based solutions and client support services for accessing, purchasing,
 managing, and using comprehensive knowledge resources and e-content such as
 journals, books, research reports, magazines, and newspapers.  With clients
 ranging from Fortune 1000 companies to academic and medical libraries, RoweCom
 serves communities with intensive knowledge requirements and volume purchases.
 For more information, visit www.rowe.com
 
     Except for the historical information contained herein, the matters
 discussed in this news release may contain forward-looking statements made
 under the safe harbor provisions of the Private Securities Litigation Reform
 Act of 1995.  All forward-looking statements involve risks and uncertainties.
 RoweCom's actual results may differ materially from the results discussed in
 the forward-looking statements.  For a discussion of the factors that might
 cause such a difference see "Risk Factors" in RoweCom's filings with the
 Securities and Exchange Commission including the Form S-3 filed on October 5,
 2000.
 
     RoweCom Contact:
      M. Jeffrey Sands
      RoweCom, Inc.
      781-410-3352
      jeff.sands@rowe.com
 
     Media Contact:
      Simon Dibb
      Michael James & Company
      617-956-0616
      dibb@michaeljames.com
 
 

SOURCE RoweCom Inc.
    WESTWOOD, Mass., April 4 /PRNewswire/ -- RoweCom Inc. (Nasdaq:   ROWE), a
 global leader in knowledge resource management and acquisition services, today
 announced that the company expects its first quarter results to exceed both
 its revenue and its expense goals.  Revenue are expected to increase by more
 than 20% over Q1 2000.  In addition, the Company expects Operating Expenses
 for Q1 2001 to be reduced by more than 25% compared with Q1 2000.   The
 combination of these two results accelerates Company's previously stated goal
 of becoming cash flow positive for the calendar year 2001.
     "These results are a continued indication of the increased importance and
 use of RoweCom's services by academic, medical, and corporate institutions,_
 said Dr. Richard Rowe, RoweCom's Chairman and CEO.  "They are important early
 milestones toward our stated goal of being cash positive from operations this
 fiscal year."
     RoweCom's final first quarter results will be released on April 26, 2001.
 
     About RoweCom, Inc.
     A first mover in business-to-business e-commerce, RoweCom provides global
 web-based solutions and client support services for accessing, purchasing,
 managing, and using comprehensive knowledge resources and e-content such as
 journals, books, research reports, magazines, and newspapers.  With clients
 ranging from Fortune 1000 companies to academic and medical libraries, RoweCom
 serves communities with intensive knowledge requirements and volume purchases.
 For more information, visit www.rowe.com
 
     Except for the historical information contained herein, the matters
 discussed in this news release may contain forward-looking statements made
 under the safe harbor provisions of the Private Securities Litigation Reform
 Act of 1995.  All forward-looking statements involve risks and uncertainties.
 RoweCom's actual results may differ materially from the results discussed in
 the forward-looking statements.  For a discussion of the factors that might
 cause such a difference see "Risk Factors" in RoweCom's filings with the
 Securities and Exchange Commission including the Form S-3 filed on October 5,
 2000.
 
     RoweCom Contact:
      M. Jeffrey Sands
      RoweCom, Inc.
      781-410-3352
      jeff.sands@rowe.com
 
     Media Contact:
      Simon Dibb
      Michael James & Company
      617-956-0616
      dibb@michaeljames.com
 
 SOURCE  RoweCom Inc.