Founded by Stephen Cole in January 1997 as eBooks.com, the eBooks Corporation announced on May 28, 2003 at Book Expo America that it is "collaborating with leading international university and research libraries to develop an ebook lending platform. Ebook Library or ‘EBL’ is scheduled for release in select university and research libraries in September 2003 and will be officially launched in January 2004."
A lending model called Non-linear Lending allows multiple borrowers to check out the same ebook.
The company also offers wholesale distribution through its eBookengine service that is very similar to OverDrive's Digital Kiosk.
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