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Neebo Inc. Increases On-Campus Store Count by 19% with Addition of 16 New LocationsLINCOLN, Neb. --(Business Wire)-- Neebo, Inc. ("NEEB" or the "Company") today announced the addition of 16 new stores to its on-campus family, totaling 29 new locations added in the past three quarters, a 19 percent increase which will have a significant impact to the Company's fall back to school season. The 16 new stores include: Eastern Gateway (News - Alert) Community College Bookstore-Warren; Embry Riddle Aeronautical University Bookstore-Daytona Beach; Embry Riddle Aeronautical University Bookstore-Prescott; Fort Myers Institute of Technology; Morgan Community College; North Dakota State College of Science-Fargo Skills and Technology Training Center; Northwestern Oklahoma State University Bookstore; The State College of Florida Store-Bradenton; The State College of Florida Store-Venice; University of Wisconsin-Baraboo; University of Wisconsin-Barron County; University of Wisconsin-CEOEL; University of Wisconsin-Marshfield; University of Wisconsin-Online NODE Program; University of Wisconsin-Rock County; and University of Wisconsin-Superior. Neebo, Inc. is a holding company and the beneficial owner of Nebraska Book Company, Inc., an industry leader in solutions for the college store marketplace. "Neebo Managed Services offers a holistic focus on students, fans, alumni, parents, and faculty, and is a differentiator of our company. We offer industry-leading services such as Best Price Promise, Neebo Student Network, Rent Every Textbook and Save, an a new, state-of-the-art ecommerce platform that further our vision to enhance the overall college experience," said Steve Clemente, President and Chief Executive Officer. "Our services, along with our hands-on approach with the campuses we serve, allow us to determine our on-campus partner's wants and needs and deliver an enjoyable shopping experience for guests." The company is excited about the mutual success gained in adding these partners to its industry-leading college retail store network. "Our new stores transitions team has us well-positioned to launch the newly added stores to coincide with what has historically been our largest revenue and EBITDA producing quarter, the fall back to school season," said Jon Otterberg, Chief Financial Officer. "We are privileged that these prestigious campuses chose to partner with us in our industry-leading college retail network that supports the best college experience for their students." The 29 on-campus locations include: Arkansas State University-Jonesboro Bookstore; Arkansas State University-Mountain Home Bookstore; Coastal Carolina University Bookstore; Eastern Gateway Community College Bookstore-Warren; Embry Riddle Aeronautical University Bookstore-Daytona Beach; Embry Riddle Aeronautical University Bookstore-Prescott; Fort Myers Institute of Technology; Laredo Community College Bookstore; Laredo Community College Bookstore-South; Moraine Park Tech College Bookstore-Beaver Dam; Moraine Park Tech College Bookstore-Fond du Lac; Moraine Park Tech College Bookstore-West Bend; Morgan Community College; North Dakota State College of Science-Fargo Skills and Technology Training Center; Northwestern Oklahoma State University Bookstore; The State College of Florida Store-Bradenton; The State College of Florida Store-Venice; University of Wisconsin-Baraboo; University of Wisconsin-Barron County; University of Wisconsin-CEOEL; University of Wisconsin-Marshfield; University of Wisconsin-Online NODE Program; University of Wisconsin-Online Program; University of Wisconsin-Richland Bookstore; University of Wisconsin-Rock County; University of Wisconsin-Sheboygan Bookstore; University of Wisconsin-Superior; Western Connecticut State University Bookstore; and Western Connecticut State University Bookstore-West Side. About Neebo Neebo, Inc. is the beneficial owner of Nebraska Book Company, Inc., which began in 1915 with a single college store near the University of Nebraska campus and now operates more than 220 stores, serving more than 2 million students at colleges and universities nationwide. Nebraska Book Company, Inc. sells and rents more than 8.7 million textbooks annually, and supports technology platforms and e-commerce sites at more than 1,200 bookstore locations. Neebo, Inc. common stock is not listed, traded or quoted on any U.S. stock exchange but is quoted on the OTC Pink Market under the symbol NEEB. Additional information about Nebraska Book Company, Inc. can be found at the Company's website: http://www.nebook.com.
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