Kobo(TM) introduces $99 Kobo Touch with offers expanding the Kobo family of eReaders

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November 23, 2011
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Kobo(TM) introduces $99 Kobo Touch with offers expanding the Kobo family of eReaders

        --  Builds on the Promise of Making eReading Accessible to Everyone
        --  $99 Kobo Touch Edition with Offers is the Perfect Stocking
            Stuffer
        --  Four Kobo eReaders to Choose From - An eReader To Suit Everyone
        --  Amazing Black Friday and Cyber Monday Savings from Kobo Retail
            Partners
        --  New Software Update for the Kobo eReader Touch Enables
            Extensive Customization
        --  Access One of the World's Largest Bookstores with more than 2.5
            Million eBooks with Over 1 Million Free Titles

TORONTO, Nov. 23, 2011 /PRNewswire/ - Kobo, a global leader in eReading with
over 5.6 million users worldwide, announced that they have added to and
extended their eReader device family with a new, sub-$100 eReader based
on the popular Kobo eReader Touch Edition.  In addition, Kobo has
greatly enhanced the Kobo Touch eReader with several significant new
feature improvements, such as new customization options and enhanced
speed to deliver a fully optimized eReading experience. Kobo now offers
an eReader for everyone, at a selection of value price-points starting
as low as $59.99, making Kobo a truly perfect gift for everyone on the
holiday shopping list.

"eReaders are this season's hottest holiday gift giving category and the
introduction of Kobo Touch with Offers makes giving the gift of
eReading easier than ever," said Michael Serbinis, CEO of Kobo. "Kobo
is the perfect gift to give with a selection of cost-effective readers,
over 2.5 million eBooks, as well as the most popular newspapers and
magazines. There is truly something for everyone."

CHOOSE FROM FOUR KOBO eREADERS TO BEST BALANCE YOUR READING AND BUDGET
NEEDS.  PLUS, FIND AMAZING SPECIAL HOLIDAY OFFERS FROM KOBO RETAIL
PARTNERS!

THE KOBO Wi Fi

The Kobo Wi Fi was designed for readers, with a streamlined feature set
dedicated to a true reading experience. Plus with Wi Fi, users can
browse and buy eBooks anytime, anyplace on the go.  The Kobo Wi Fi
comes preloaded with 100 free engaging classic reads.  Available in
Onyx, the eReader is lightweight and compact, travels easily and
carries up to 1,000 eBooks. Kobo Wi Fi is regularly priced at $99.99,
with refurbished models in white with grey quilted back available for
just $59.99 at kobo.com starting November 25(th) and ending November 28(th), while quantities last.

THE KOBO TOUCH - "... makes massive ultra-modern leaps ..." - Huffington Post

The Kobo Touch offers an amazing touch experience with Infrared Touch
Technology that allows readers to easily swipe or tap to easily turn
pages.  With the intuitive new touch interface, readers can highlight a
phrase, look up a word, zoom into an image, increase the font size, or
quickly navigate through a book and an entire library. Plus, finding
that next read is also quick and easy with Wi-Fi and a virtual
keyboard. Find Kobo Touch at the every day low price of just $129.99.

THE KOBO TOUCH with Offers

The new Kobo Touch with Offers is a lower-priced, ad-supported eReader
that offers the same features and benefits as the Kobo Touch, but
includes valuable offers and ad sponsored screens.  The ads appear when
the eReader is powered off or in sleep mode, as well as in other
discreet places outside of the reading experience -- for example on the
bottom of the home screen.  Available in the United States only, the
sleek and slim Kobo Touch with Offers is available in Black, priced at
$99.99 and is now in-store and online at Target.com and at Kobo.com.

THE KOBO VOX(TM)

The newKobo Vox is an eReader and more! Kobo adds a wide selection of stunning
color books for all ages to its store including interactive Read Along
children's books that will ignite young imaginations on the brilliant
7" FFS+ multi-touch, multi-media screen. Kobo Vox opens a new world of
social reading, featuring Kobo's Reading Life(TM) experience, now with
Kobo Pulse(TM). Share ideas on passages with other readers within the
pages of a book and share your Reading Life with friends on Facebook®
and Twitter®. Built for connected life, Kobo Vox comes pre-loaded with
great apps ready to go and offers access to Wi Fi, Web browsing,
Facebook®, Rdio® music streaming, email, games, plus a store with over
15,000 apps for Android(TM)!  Kobo Vox is available in four stunning
colors: Lime Green, Ice Blue, Hot Pink and Jet Black at the everyday
low price of $199.99.

WATCH FOR SPECIAL BLACK FRIDAY AND CYBER MONDAY OFFERS ON SELECT KOBO
eREADERS FROM THESE LEADING RETAILERS:

        --  Best Buy
        --  Kmart
        --  Sears
        --  Target

NEWLY ENHANCED KOBO TOUCH ...

Through new firmware the original Kobo eReader Touch Edition (introduced
in May 2011) has been enhanced to provide the ultimate in flexibility
and overall reading experience.  With the Kobo-signature soft quilted
back, infrared touch technology and travel-friendly size, the Kobo
Touch continues to provide readers with a book-like experience, but now
with features even better than before.

Kobo Touch offers an amazing reading experience, with a slew of new
features including:

        --  Easily swipe or tap to turn pages, with double taps to zoom in
            to 200% on a PDF
        --  Customize taps on the screen to turn pages and to bring
            additional comfort to left-handed readers
        --  A choice of seven font styles and 25 sizes to best suit
            individual eyesight needs- the most of any eReader on the
            market today.
        --  Add your own fonts for full customization
        --  Easy note making within a book while users read, as well as
            browsing and editing notes with the Annotations list
        --  Faster highlighting within books
        --  Search within a book - find terms inside of ePub books in
            seconds
        --  New personal home screen, choice of library views,
            highlighting, dictionary look-up, predictive search and
            automatic last page bookmarking
        --  Fully adjustable refresh rate for fast page turns
        --  A low-battery warning - icon alerts let readers know when that
            reach 10 percent and 5 percent of battery life
        --  Sleep and power off screens that show full screen book covers
        --  Progress indicator -- readers can easily find out how far
            they've read in each book, with percentages read displayed
            under each book title.

With battery life of up to one month, and storage of up to 30,000 books
with expandable memory, the Kobo eReader Touch Edition delivers the
freedom to read anywhere, at any time.

READ FREELY - KOBO SUPPORTS THE MOST CONTENT

The Kobo eReading service is built on an open platform, allowing
consumers to read eBooks from other stores that use the ePub format -
plus read PDF documents and books on a growing number of Kobo eReaders
and apps.  The versatile Kobo eReader Touch Edition devices let users
read ePub, PDF and MOBI format eBooks; view JPEG, GIF, PNG, BMP and
TIFF images; review TXT, HTML and RTF materials; and enjoy CBZ and CBR
comic book formats.  Consumers can also easily borrow and read eBooks
from the local public library.

ACCESS MILLIONS OF TITLES

Kobo offers one of the largest stores worldwide, and consumers can
easily connect via Wi Fi or USB and access over 2.5 million eBooks,
with titles ranging from the New York Times' Bestseller List, the
hottest new releases, thrillers, romance, newspapers, magazines and
more - there is something for everyone.

SHOP AND READ ON ANY DEVICE WITH KOBO

Kobo offers free eReading apps so users can read on most popular devices
such as desktops, laptops, tablets, Android(TM) phones, iPhones®, iPads®,
Blackberry® Smartphones and Blackberry® PlayBooks - in addition they
can browse and shop the Kobo store.  Plus, with Kobo Sync you can read
from one device to another and pick up from the page that you last read
- your library will always be kept up to date.

GIVE THE GIFT OF eREADING

Kobo offers an assortment of great eReading gifts for holiday shoppers
who want to give the gift of eReading. Kobo offers an assortment of
enticing holiday gifts from the Kobo Touch eReader, to the Kobo
Wireless eReader, eReader accessories, eBooks for everyone, and gifting
features that make giving an eBook quick and easy! For recommended
eReading gifts, holiday shoppers are encouraged to browse http://www.kobobooks.com/holgg, where users can also sign up to be notified when gifting is available.

WHERE TO BUY

Kobo eReaders are sold at leading US retailers including Best Buy,
Target, Fry's, Kmart and Sears, and are available directly from Kobo.com.

About Kobo, Inc.

Kobo is a global eReading service with more than 2.5 million eBooks,
magazines and newspapers - one of the largest eReading catalogues in
the world.  Read Freely - Kobo believes consumers should have the
freedom to read any book on any device and has attracted millions of
readers from over 100 countries across the globe.  Kobo has top ranked
eReading applications for iPad, iPhone, BlackBerry, Android, Windows
and MacOS, and is the eReading application of choice for leading tablet
OEMs.  Kobo eReaders, including the Kobo Touch and the newly launched
Kobo Vox are available at leading retailers, including Indigo, Walmart,
Best Buy, Target, Future Shop, WHSmith, FNAC, Collins Booksellers and
Whitcoull's.  Kobo's innovative Reading Life is an industry-first
comprehensive social eReading experience - Kobo users can earn awards
simply for time spent reading and encouraging others.  Kobo is backed
by majority shareholder Indigo Books & Music Inc., Cheung Kong
Holdings, and institutional investors.

SOURCE  Kobo Inc.

Kobo Inc.

CONTACT:  Wendy Zaas/Karina St. Jean
Rogers & Cowan
310.854.8148/212.445.8419
wzaas@rogersandcowan.com
kstjean@rogersandcowan.com

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