Maxwell Electronic Publishing Changes Its Name to Macmillan New Media

Cambridge, Massachusetts, July 20, 1992 - Macmillan New Media is the new
name for Maxwell Electronic Publishing, a division of Macmillan, Inc., one
of the USA's leading publishing firms. Macmillan New Media (MNM)
specializes in developing and publishing titles for the fast-growing
CD-ROM and multimedia marketplaces.

"The name change reflects both the company's ongoing commitment to the
development of 'new media' products and the increasing amount of
collaboration with other units in the Macmillan organization," said
Frederick Bowes, III, President of the company.

"The emergence of new media technologies creates a number of very promising
electronic publishing opportunities. With a wealth of excellent titles and
a strong print publishing tradition, Macmillan is well situated to
capitalize on these opportunities. As our new name suggests, the challenge
given to us at Macmillan New Media is to make it happen," Bowes
continued.

The company's recent titles include The Macmillan Dictionary for Children -
Multimedia Edition, a Benjamin Franklin Award finalist, and The College
Handbook 1992 CD-ROM Edition, copublished with The College Board.
Development efforts are under way on several projects utilizing various
multimedia platforms (e.g., CD-ROM, MPC (Multimedia PC), and CD-ROM XA),
with new products scheduled for release in the fourth quarter.

Macmillan New Media was previously the electronic publishing division of
the Massachusetts Medical Society, publisher of The New England Journal of
Medicine. Its first CD-ROM was the award-winning Compact Library: AIDS.
From that base, MNM has become an established leader in medical CD-ROM
publishing, with 20 titles currently in the market and others in
development.

Macmillan New Media, 124 Mt. Auburn St, Cambridge, MA 02138
617-6611-2955

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