Palm Digital Media, publisher and distributor of eBooks for handheld and desktop computers, set company records for sales and traffic in the month of September 2003. The record setting sales volume brings an industry wide sigh of relief following a busy month for the eBook market, which saw Palm Digital Media purchased by PalmGear, Inc. and the announcement from Barnes and Noble that they would exit the eBook market.
"Under our ownership, new management and marketing to millions of handheld users we believe that Palm Digital Media is in the industry's best position to accelerate the growth of the eBook market," said Ryan Wuerch, president and chief executive officer of PalmGear. "We are committed to increase our lead in this industry and are confident that with the rapid acceptance of handheld devices worldwide we will see further advancement of the eBook platform."
Palm Digital Media currently has the strongest position in the eBook industry with the highest retail sales site and is the parent company of the world's most widely used eBook reader, Palm Reader. Additionally, the company is currently making moves to reengineer and expand the functionality of the Reader platform to enable the use of emerging media technologies.
Other changes that are currently being implemented include improved categorization, expanded sub categorization for easier searches and rapid extension of the already impressive 11,000 title catalog.
"PalmGear's record sales this month is further evidence of the rapidly growing consumer adoption of eBooks," said Nick Bogaty, executive director of the Open eBook Forum (www.openebook.org).