To: Riley who wrote (28723 ) 12/16/1998 9:19:00 AM From: Yoav Chudnoff Read Replies (2) | Respond to of 119973
BAMM news (BSNS WIRE) Books-A-Million, Inc. Announces Plans to Acquire NetCentral, Books-A-Million, Inc. Announces Plans to Acquire NetCentral, Inc. Business Editors BIRMINGHAM, Ala.--(BUSINESS WIRE)--Dec. 16, 1998--Books-A-Million, Inc. (Nasdaq/NM:BAMM) today announced that it plans to acquire NetCentral, Inc. of Nashville, TN. NetCentral, Inc. is an Internet development and services company specializing in Internet commerce solutions. NetCentral, Inc. was responsible for the design and development of the newly enhanced BOOKSAMILLION.COM website. Commenting on the acquisition, Books-A-Million, Inc. President and Chief Executive Officer Clyde B. Anderson said, "NetCentral's technical and creative capabilities were instrumental in the development of BOOKSAMILLION.COM, and we are extremely pleased to have them as part of our team. This acquisition will greatly enhance our efforts to support our growing e-commerce business at BOOKSAMILLION.COM." Books-A-Million, Inc. is one of the nation's leading book retailers and sells on the Internet at www.booksamillion.com. The Company presently operates 175 stores in 17 states. The Company operates four distinct store formats, including large superstores under the names Books-A-Million and Books and Co., traditional bookstores and combination book and greeting card stores, both operating under the name Bookland, and Joe Muggs Newsstands. ---------- Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain of the statements set forth herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current intentions, assumptions and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, unanticipated increases in merchandise, salary and distribution costs, and the effects of increased competition on specific stores and the Company generally. --30--LM/na* CONTACT: Books-A-Million Inc., Birmingham Scott A. Honnold, 205/942-3737 KEYWORD: ALABAMA INDUSTRY KEYWORD: RETAIL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***