ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Legible Partners on World Wide Web Consortium’s Annual Global Conference in Vancouver

August 29, 2022 GMT

VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug 29, 2022--

Legible Inc. (CSE: READ) (FSE: D0T) (“Legible” or the “Company”) is proud to be the Media Partner for World Wide Web Consortium (W3C)’s annual global conference, taking place in Vancouver from September 12-16. Legible also announces the repricing of 5,888,576 warrants.

Legible is a member of the Advisory Committee of W3C, a global organization founded by the inventor of the world wide web, that manages new developments, develops code bases, and upholds standards for the dynamically emerging technologies on the web.

This year, the W3C conference features a virtual Digital Publishing Salon for the international publishing community focused on the open web, including Legible’s specialization: browser-first publishing and reading for mobile and desktop environments – and the enormous potential this approach holds for development of globally-accessible interactivity, immersive audio-visual reading, and educational content. The public may participate virtually in the Digital Publishing Salon by pre-registering at no charge.

ADVERTISEMENT

“It has been a pleasure working with Legible to build local awareness and a dynamic and timely set of conference offerings for our 2022 conference in Vancouver,” said Alan Bird, W3C’s Global Business Development Lead.

Through its reading platform and online bookstore - Legible.com - Legible has made browser-based publishing and reading a reality so that anyone can access ebooks from any internet-enabled device.

Legible’s publishing vertical, Legible Publishing Services, creates unique content for the browser-based environment, including groundbreaking multimedia publications such as Not Extinct: Keeping the Sinixt Way, developed for the Sinixt Nation with their publisher, Maa Press, and an exclusive partnership with #1 New York Times-bestselling author and business visionary, Mr. T. Harv Eker, to produce his first multimedia ebook for release in September 2022.

“As a contributing member and leader in the field of browser-based publishing and reading, Legible is honoured to work with W3C on the future of web publishing,” said CEO Kaleeg Hainsworth. “We are proud to contribute to the development of global standards and initiatives that will ensure universal access to ebooks while supporting efforts to bring the digital publishing industry into the twenty-first century.”

ADVERTISEMENT

This year, the W3C member meeting, known as the Technical Plenary and Advisory Committee meeting (TPAC) will be hybrid, with the main in-person hub in Vancouver, Canada, and remote event attendees. Other offerings for public participation include a free in-person Developer Meet-up at the Sheraton Vancouver Wall Centre from 6-8.45pm on Tuesday, September 13 for which participants need to pre-register.

Additionally, W3C will host a series of virtual breakout sessions on the afternoon of Wednesday, September 14. Anyone with a W3C account will be able to join the breakouts virtually free of charge by registering here.

In other news, Legible Inc., with an effective date of September 1, 2022, has amended the terms of an aggregate of 5,888,576 outstanding common share purchase warrants to amend the original exercise prices, ranging from $0.60 to $1.25 per share to $0.20 per share, originally issued between December 22, 2020 and November 17, 2021.

ADVERTISEMENT

About Legible Inc.

Legible Inc. is a book entertainment and media company with a mission: millions of books for billions of readers, globally. Legible has developed two high-value verticals: a browser-based accessible B2C ebook entertainment platform for the emerging web with high-growth potential called legible.com - a global ebook entertainment platform delivering beautiful, accessible & immersive reading for next-generation readers; and second, a global B2B ebook conversion and production service with high-revenue potential called Legible Publishing — a world-class high-volume digital conversion service for publishers and organizations and a remediation service of ebook content for the accessibility community. Legible Publishing creates multimedia ebooks, branded as Living Books, that empower authors and publishers to deliver dynamic and unique content.

ADVERTISEMENT

Founded and led by a team of technologists, authors, ebook publishers, designers, and publishing industry insiders, Legible is transforming the digital publishing industry and gaining market share through innovative, 21st century publishing and global reading experiences. Legible provides innovative e-reading experiences to the masses through any browser-enabled device. Legible is committed to providing access to readers that value immersive entertainment experiences through well-constructed and dynamic books. Legible embraces sustainability, accessibility, and global literacy.

Please visit Legible.com and discover the place where ebooks come to life.

Cautionary Note Regarding Forward-Looking Information

Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking ‎statements are not based on historical facts, but rather on current expectations and projections about future events, many ‎of which, by their nature, are inherently uncertain and outside of the Company’s control and are therefore subject to risks ‎and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the ‎forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative ‎thereof or similar variations. These statements include forward looking statements regarding new revenue sources and growth plans for the Company. Those assumptions and factors are based on information currently available to the Company. Although management of the ‎Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as ‎anticipated, estimated or intended. Among the key factors that could cause actual results to differ materially from those ‎projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, ‎including changes in the financial markets; changes in applicable laws; ‎and the diversion of management time. Should one or more of these risks, uncertainties or ‎other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, ‎actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or ‎expected. There can be no assurance that such statements will prove to be accurate, as actual results and future events ‎could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-‎looking statements and forward-looking information. The forward-looking information contained in this release is made as of ‎the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-‎looking information that are incorporated by reference herein, whether as a result of new information, future events or ‎otherwise, except as required by applicable securities laws. The foregoing statements expressly qualify any forward-looking ‎information contained herein. All subsequent written and oral forward-looking information and statements attributable to the ‎Company or persons acting on its behalf is expressly qualified in its entirety by this notice.‎

ADVERTISEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN UNITED STATES

View source version on businesswire.com:https://www.businesswire.com/news/home/20220829005165/en/

CONTACT: Legible Inc.

Deborah Harford

EVP, Global Strategic Partnerships

1 (672) 514-2665

deborah@legible.com

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: ENTERTAINMENT APPS/APPLICATIONS TECHNOLOGY MOBILE/WIRELESS SOFTWARE BOOKS INTERNET

SOURCE: Legible Inc.

Copyright Business Wire 2022.

PUB: 08/29/2022 09:00 AM/DISC: 08/29/2022 09:02 AM

http://www.businesswire.com/news/home/20220829005165/en