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Two key partnerships strengthen TLC

  The Library Corporation continues to surprise by acquiring industry veteran CARL Corporation - gaining itself a key sector of the marketplace at the top end - and then at the opposite end of the market a deal to market the new CASPR product takes them into the small system arena with an ASP capable product.

The Library Corporation (TLC) Acquires CARL Corporation

-- Both TLC and CARL Brand Names to be Featured in Expanded Company -- -- Combined Company to Provide Unprecedented Level of Library Automation &   Cataloging Services to Libraries of All Sizes & Types --

INWOOD, WV, July 06, 2000--The Library Corporation (TLC), a leading innovator in library automation and cataloging technology, today announced that it has acquired CARL  Corporation, a Denver-based developer of technologically advanced solutions used by many of the very largest public libraries in the U.S. and around the world.

The combination of TLC and CARL brings together two, well-established companies that share a common vision for excellence in library automation services, yet historically have served  considerably different market segments. TLC, founded 26 years ago, is a well-recognized  leader in automation services, cataloging and customer service. The company's flagship  product, Library·Solution, is among the fastest growing library automation products anywhere  - now contracted for installation in more than 1,000 libraries worldwide. CARL System, originally created 18 years ago, is also installed in more than 1,000 libraries, including such large and well known libraries as Chicago Public Library, Los Angeles Public Library, Phoenix Public Library, Broward County Public Library, San Antonio Public Library, Atlanta-Fulton  Public Library, Denver Public Library, and Baltimore County Public Library. The company has been known for its strength in networking services in large environments, innovative PAC services and providing various kinds of data to expansive library systems.

In making today's announcement, TLC President and CEO, Annette Bakhtiar, stated, "The  addition of CARL to The Library Corporation family brings together two like-minded companies that can truly leverage their respective strengths to deliver the very best in cataloging, automation and customer service to libraries of all sizes and types - worldwide. We believe this  acquisition will be a strong plus for TLC, CARL and most importantly, librarians and their patrons."

Ms. Bakhtiar added that TLC and CARL have worked in partnership for several years on development projects and that both companies already share office space in Singapore.  Current plans call for CARL to maintain a major presence at its Denver location and to continue  many of its activities under the CARL brand name.

Also commenting today was Ward Shaw, Chairman at CARL, who stated, "TLC has been a true pioneer and industry leader in many facets of the library field - including technology and customer service. We are extremely excited to join forces with a company that has been so dedicated to providing that rare combination of superior customer support with an outstanding work environment for its employees."

TLC Forms Joint Venture with CASPR Library Systems

New Web-Based Program Delivers Immediate, Affordable & Efficient Automation to Smaller Libraries

INWOOD, WV, July 7, 2000--The Library Corporation (TLC), a leading innovator in library  automation and cataloging technology, today announced it has formed a joint venture with CASPR Library Systems to broaden distribution of the company's recently introduced web-based automation system, librarycom.com.

Specifically designed by CASPR to bring immediate, affordable and easy-to-use library  automation services to smaller libraries, librarycom.com is entirely browser-based. It enables library staff to perform MARC cataloging, circulation functions, patron management, and report generation. Start-up time is virtually instant: libraries are fully operational on the first day they  register and all data is secure with scheduled back-ups.

In making today's announcement, Annette Bakhtiar, President and CEO at The Library Corporation stated, "TLC is committed to providing cutting-edge automation services to libraries of all sizes. We are particularly attracted to expanding the reach of librarycom.com because of  its browser-based approach, which delivers big-time automation services for libraries with smaller-time budgets. This joint venture is a win-win scenario for TLC, CASPR and small  libraries nationwide."

Added Norman Kline, President and CEO of CASPR Library Systems, Inc., "TLC has achieved  a well-earned reputation for its leading-edge technology, products and customer service. By  working together, TLC and CASPR can bring an easy-to-use, affordable automation system to  smaller libraries everywhere," continued Mr. Kline. "The beauty of librarycom.com is that it provides all the basic library functions without the need to purchase hardware, software or  networking equipment."