Legible Enters Strategic Partnership Agreement with Metrolinx, Ontario’s Leading Transit Authority

Legible to be featured on the GO Wi-Fi Plus entertainment portal, as a strategic partner of the GO Transit Reads program, and across advertising assets on the Metrolinx network

Thursday October 27, 2022 – Vancouver, British Columbia – Legible Inc. (CSE: READ) (FSE: D0T) (OTC: LEGBF) ("Legible” or the “Company”) announces that it has signed an agreement with Metrolinx, the Greater Toronto Hamilton Area (“GTHA”) transit authority, to become an official ebook partner of GO Transit.

GO Transit is a division of Metrolinx and serves a population of more than seven million people in Ontario. GO Transit’s train and bus network covers more than 11,000 square km, helping approximately one million customers get where they need to be safely and reliably every week.

Legible will supply ebooks for reading on the GO Wi-Fi Plus entertainment portal and supply a quarterly ebook for the GO Transit Reads program that riders can access on Legible’s browser-based, mobile-first ebookstore. Partnering with major publishers, Legible will offer GO Transit readers curated ebook selections, access to its growing line-up of original rich media Living Books, and a seamless connection to its extensive catalogue of approximately two million books from both large and small publishers.

GO riders will access Legible’s ebooks via GO Wi-Fi Plus, GO Transit’s unique entertainment portal, and QR codes will be placed on GO train posters and windows. Legible’s agreement with Metrolinx also includes advertising assets across the GO Transit network that will showcase Legible and inspire riders to become readers who “READ on the GO.”

“We are very excited to provide so much fantastic and innovative reading material onboard and direct access to Legible’s browser-based, mobile-first bookstore to the daily commuters and weekend riders of GO Transit,” said Kaleeg Hainsworth, CEO of Legible. “This partnership also complements the upcoming launch of Legible Unbound, our ebook and audiobook subscription service, offering the GTHA further reading and listening options to enrich their days and delight their journeys. Working with an organization like Metrolinx will deliver outstanding exposure to Legible.com and the great publishers and authors we work with.”

According to the most recent data, of the $772.1 million generated by book sales in Ontario, $86.2 million went to ebooks, and market research firm Technavio projects that the North American ebook market will progress at a growth rate of 7% annually until 2025. Based on industry conversion rates and GO’s audience, Legible believes that its strategic partnership with Metrolinx will facilitate the Company securing significant market share in the GTHA. Additionally, Legible anticipates that its forthcoming subscription service, Legible Unbound, will further support significant revenue from the partnership in 2023.

About Legible Inc.

Legible 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.

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.

Contact Information:

Deborah Harford

EVP, Global Strategic Partnerships

Legible Inc.

+1 (672) 514-2665

[email protected]

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