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The Abebooks Story
Abebooks, a private company based in Victoria, British Columbia, began as a mere scribble on a notepad. In 1995, Keith Waters, then a government web programmer, and his wife Cathy were running a used bookstore in Victoria, British Columbia, Canada. Cathy often spoke of how difficult it was to find certain out-of-print titles for her customers. She knew the books were available in bookstores somewhere, but how to find them?

A short time later during a rather dull business meeting, Keith began to scratch out a solution, one that combined books, databases and the Internet. He sought the help of Rick Pura, a senior programmer and database administrator, and together they came up with the "Advanced Book Exchange", a collective of independent booksellers united by the Internet through a massive searchable database.

Abebooks.com was launched in 1996 with four bookshops and found immediate success by providing booksellers with an affordable means of selling to a worldwide market. Today, over 12,000 booksellers list over 50 million titles on Abebooks. The Abebooks team has grown to 90 people working hard to pursue new customers and develop new markets. The acquisition of Germany's JustBooks in 2001 has resulted in the development of Abebooks.de in Germany, Abebooks.fr in France and Abebooks.co.uk in the UK. These sites feature language-specific customer service and purchasing features while still listing all books offered by Abebooks booksellers.

Prestigious organizations such as the Canadian Information Productivity Awards (Excellence in Information Technology) and Forbes Magazine ("best of the best in the rare book category”) have recognized Abebooks' efforts. With offices in Canada and Germany, services in French, German and English, and strategic partnerships with Amazon, Barnes & Noble, and eBay/Half.com, Abebooks has become the most important virtual supplier of used books while expanding selling avenues for booksellers.

And it all began as a scribble on a notepad.

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Abebooks Contact


Marci Crossan
Media Relations
Tel: +1-250-412-3258
Fax: +1-250-475-6014
media@abebooks.com

Abebooks
#4 - 40 Garbally Rd.
Victoria, BC
Canada
V8T 2K1
http://www.abebooks.com

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Abebooks (Advanced Book Exchange Inc.)
5/1996 - 10/2001

Abebooks was founded in May 1996 by Rick Pura and Keith Waters in Victoria, Canada.

The founding team possessed not only technical know-how, but also had years of experience in the antiquarian book trade. The idea for abebooks emerged in the light of difficulties antiquarian booksellers had in trying to provide customers with rare books and in trying to exchange information about book inventories with other book dealers.

Not long after the company's formation, book dealers from all over North America were eagerly using the Abebooks network to sell their books. Since then, the company has grown continuously. Through co-operations with Barnes & Noble/USA (1998), Akaikutsu/(JAP (6/2000), Chapitre/FR (10/2000), Biblioquest/AUS (10/2000) and the auction giant eBay/US (half.com/2001) during the last 4 years, abebooks was able to expand and maintain its leading market position.

By October 2001 there were approximately 80 permanent staff members working for Advanced Book Exchange Inc., one of the most successful Canadian internet firms. Abebooks was used by more than 8800 independent book dealers, selling 30 million titles worldwide.

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JustBooks.de GmbH
9/1999 - 10/2001

JustBooks was founded in September 1999 in Düsseldorf, Germany by Hannes Blum, Dr. Malte Brettel, Christian Langer, Florian Heinemann and Dr. Boris Wertz.

As students, the company founders became aware that text books they required were often out-of-print and so unavailable. An internet platform would provide a solution to this problem.

From this initial concept until its realization only a few short months passed. JustBooks.de began business in October 1999 to coincide with the Frankfurt Book Convention. At the beginning, the young entrepreneurs were financed by Business Angels, themselves an internet firm. From January 2000, the up-and-coming company was supported by the venture capitalist Hubert Burda Media. At the end of June 2000, the English platform, www.justbooks.co.uk, was launched. Nine months later (March 2001) JustBooks went on the market in France under www.justbooks.fr.

By October 2001 JustBooks was offering more than 5.3 million titles from over 1000 antiquarian book dealers and employed 15 permanent staff members.

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