Haights Cross Communications Announces Sale of Sundance/Newbridge Publishing

WHITE PLAINS, N.Y.--(Business Wire)--
Haights Cross Communications, Inc. (HCC) today announced that it
has completed the sale of substantially all of the assets of its
Sundance/Newbridge Publishing business to Rowman & Littlefield
Publishing Group, Inc., based in Lanham, MD. Terms of the sale were
not disclosed.

About Haights Cross Communications:

Founded in 1997 and based in White Plains, NY, Haights Cross
Communications is a premier educational and library publisher
dedicated to creating the finest books, audio products, periodicals,
software and online services, serving the following markets: K-12
supplemental education, public and school libraries, and consumers.
Haights Cross companies include: Triumph Learning (New York, NY),
Buckle Down Publishing and Options Publishing (Iowa City, IA), and
Recorded Books (Prince Frederick, MD). For more information, visit
www.haightscross.com.

Safe Harbor Statement:

This press release contains forward-looking statements which you
can identify by terms such as "subject to", "might", and similar
expressions intended to identify forward-looking statements.
Forward-looking statements include statements regarding the Company's
plans, objectives, expectations and intentions. Such statements
include, without limitation, statements regarding: the growth outlook
and product line market expansion opportunities for Triumph Learning
and Recorded Books; and the anticipated benefits of suspending the
sales efforts for those businesses at this time. These statements
reflect the conditions upon which the transactions discussed in this
release are contingent on certain future events the outcome of which
is not certain. These statements reflect our current views with
respect to future events and are based on assumptions and subject to
known and unknown risks and uncertainties. These risks and
uncertainties may cause our actual results, performance or
achievements to be materially different from those expressed or
implied by our forward-looking statements. Factors that may cause our
actual results to differ materially from our forward-looking
statements include, among others, risks relating to our ability to
refinance our existing term loans, changes in external market factors,
changes in our business or growth strategy, or an inability to execute
our strategy due to changes in our industry or the economy generally,
the emergence of new or growing competitors and various other
competitive factors, the diversion of management's attention and risk
of loss of affected employees and/or customers resulting from the
prior announcement and implementation of our sales process (now
suspended); and other factors identified by us in documents filed by
us with the Securities and Exchange Commission including those set
forth in our Form 10-K for the year ended December 31, 2007, under the
caption "Risk Factors". These uncertainties and other factors may
cause our actual outcome of the transactions discussed in this release
to be materially different from those expressed or implied by our
forward-looking statements. In light of these uncertainties, there can
be no assurance that the events and circumstances described in
forward-looking statements contained in this press release will in
fact occur. You should read this press release completely and with the
understanding that our actual results may be materially different from
what we expect. We will not update these forward-looking statements,
even though our situation may change in the future. We qualify all of
our forward-looking statements by these cautionary statements.

Haights Cross Communications, Inc.
Investor Contact:
Mark Kurtz, 914-289-9480
mkurtz@haightscross.com
or
Editorial Contact:
Michael Stugrin, 562-498-6353
mstugrin@verizon.net

Copyright Business Wire 2008