BookRenter Announces Rollout of E-Textbooks, Gives Students Even More Options for Their Course Materials

SAN MATEO, CA--(Marketwire - Aug 14, 2012) - BookRenter™, the leading textbook rental service from Rafter, Inc., today announced the availability of e-textbooks, which will provide students with even more ways to help lower the cost of their educational materials all from one place. Students will be able to download e-textbooks directly from BookRenter and content will be delivered via VitalSource, one of the most popular e-textbook platforms in higher education.

"We are very excited about how digital content and applications can help students," said Mehdi Maghsoodnia, CEO of Rafter. "We are clearly in the early days of the digital revolution, and every educational institution in the U.S. and globally is thinking about how to effectively deploy digital content to their students and faculty. Rafter is in a unique position to launch innovative products on the BookRenter platform, take what we learn from the experience and then deploy it across our growing list of educational institutional partners."

Rafter has saved students more than $200 million since 2008 by enabling students to rent and buy textbooks online through BookRenter or on campus through the more than 300 universities and colleges that partner with Rafter to deliver more cost-effective course materials to their students. E-textbooks offer an alternative option for students who prefer digital to physical textbooks.

About BookRenter™ and Rafter
BookRenter, the first textbook rental service, was founded in 2006 with a mission to make education more affordable by allowing students to rent textbooks for up to 80 percent off the retail price. BookRenter helps students find the best price, highest quality books, and most flexible rental experience at www.bookrenter.com. BookRenter offers more than 5.5 million titles and serves millions of students on over 5,000 campuses. BookRenter is a service of Rafter, an education technology company and the leader in course materials management. The Rafter Course Materials Network™ is a cloud-based software suite that enables schools to significantly improve the affordability, effectiveness and accessibility of their educational materials. To date, Rafter has saved millions of students more than $200 million and counting. Rafter, headquartered in San Mateo, CA, is a privately held company. Learn more at www.rafter.com.