August 9, 2010
BookRenter Triples the Number of Campus Bookstores Standardizing on Its Textbook Rental Platform
225 Bookstores Serving More Than Three Million Students Choose BookRenter Platform to Launch Online Textbook Rental Stores in Time for Back-to-School
Company Helps Schools and Stores Make Education More Affordable for Millions of Their Students
San Mateo, CA -- August 9, 2010 --BookRenter, the leading online textbook platform, today announced it tripled the number of campus bookstores standardizing on the BookRenter Platform in just eight weeks. This brings the total number of bookstore partners to 225 in the three-month period since the company opened up its industry-leading rental platform. As the fall semester begins, three million students can rent textbooks online from their institutional or off-campus bookstore, saving hundreds of dollars each semester while supporting their own colleges or local businesses.
"Particularly in light of the Higher Education Opportunity Act, students have a greater opportunity to shop for course materials, and BookRenter offers the ideal solution to bookstores by enabling them to instantly deploy a best-of-breed, fully branded online textbook rental store at no cost," said Mehdi Maghsoodnia, chief executive officer of BookRenter. "Now more bookstores than ever before can offer the tremendous cost savings and convenience of online textbook rentals to their students. We are incredibly pleased that so many schools share our mission of making education more affordable for all students and look forward to helping even more bookstores expand their services in the coming weeks."
Since opening the BookRenter Platform to university bookstores, BookRenter has enabled schools in 42 states to instantly launch active, online textbook rental stores with all of the benefits and functionality of the company’s popular consumer-facing website, www.bookrenter.com. Through custom-branded partner sites and BookRenter.com, the company helps ease the educational cost burden of millions of students across the country while delivering remarkable savings, convenience, and customer service.
To learn more about creating a BookRenter online rental store, please visit store.bookrenter.com.
BookRenter launched in 2008 and is dedicated to making education more affordable by allowing students to rent textbooks for up to 75% off the retail price. BookRenter's innovative pricing and operating systems provide students with the best price, highest quality new and used books, and most flexible rental experience available today. Currently carrying over 3 million titles and serving thousands of students on over 5,000 U.S. campuses, BookRenter is one of the fastest growing startups in Silicon Valley, growing at over 400% each year. BookRenter, with offices in San Mateo, California, is a private company that is funded by prominent Silicon Valley venture capital firms. To learn more about how to use BookRenter for all of your textbook rental needs, please visit http://www.bookrenter.com.