Houghton Mifflin Harcourt and MBS Direct Launch Strategic Distribution Partnership

MBS Direct to serve as HMH distributor to private, parochial and charter schools

BOSTON--()--Global education leader Houghton Mifflin Harcourt (HMH) today announced a new partnership with trusted education content distributor MBS Direct. Through this partnership, MBS Direct will distribute HMH’s best-in-class educational content to private, parochial and charter school institutions throughout the United States. The partnership expands access to HMH’s quality education solutions while enhancing the customer experience and streamlining purchase and implementation processes.

A veteran partner in learning for teachers, students and families, MBS Direct will market, sell and distribute HMH’s comprehensive range of K-12 curriculum, which includes landmark programs such as GO Math! and Journeys. By combining HMH’s quality educational content and delivery technology with MBS Direct’s expertise in customized services and its MBS Direct Digital e-commerce platform, the partnership will create a seamless end-to-end customer experience.

“This partnership enables HMH and MBS to increase our focus on delivering high quality learning solutions to private, parochial and charter schools,” said Dan Cavalli, SVP, Adjacent Markets at HMH. “MBS Direct brings to the table deep market knowledge and decades of experience in all-in-one sales and servicing. Our customers are our top priority and this partnership creates a winning combination that places educators and students first.”

HMH is committed to providing all students and learning communities with innovative educational content that meets their individual needs. Journeys Common Core: Catholic Identity Edition is a unique Common Core State Standards-aligned reading program for grades K-6 that is naturally infused with Catholic values and principles and was built with guidance from a diocesan work group. HMH also offers the Charter Performance Program, a modular mix of content, technology, data and professional development solutions to help charter school to fulfill their goals and meet challenges with confidence.

“MBS Direct is proud to help schools nationwide achieve educational excellence,” said Bill Dampier, President and Chief Operating Officer, MBS Direct. “Like HMH, our commitment to customers is at the core of our business and we are excited to embark on this collaboration, bringing HMH’s resources to even more students.”

About Houghton Mifflin Harcourt

Houghton Mifflin Harcourt (NASDAQ:HMHC) is a global learning company with the mission of changing people’s lives by fostering passionate, curious learners. Among the world’s largest providers of pre-K–12 education solutions and one of its longest-established publishing houses, HMH combines cutting-edge research, editorial excellence and technological innovation to improve teaching and learning environments and solve complex literacy and education challenges. HMH’s interactive, results-driven education solutions are utilized by 50 million students in over 150 countries, and its renowned and awarded novels, non-fiction, children's books and reference works are enjoyed by readers throughout the world. For more information, visit www.hmhco.com.

Forward Looking Statements

This news release may contain certain statements that are not historical facts, including information regarding our intentions, beliefs or current expectations concerning, among other things, our results of operations, financial condition, liquidity, prospects, growth, strategies, the industry in which we operate and potential business decisions. Those statements constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause our actual results to differ materially from the results express in or implied by our forward-looking statements, including, but not limited to, changes in state and local education funding and/or related programs, legislation and procurement processes; adverse or worsening economic trends or the continuation of current economic conditions; changes in consumer demand for, and acceptance of, our products; industry cycles and trends; conditions and/or changes in the publishing industry; and other factors discussed in our news releases, public statements and/or filings with the U.S. Securities and Exchange Commission, including our most recent Annual and Quarterly Reports on Form 10-K and Form 10-Q. We undertake no obligation, and do not expect, to publicly update or publicly revise any forward-looking statement, whether as a result of new information, future events or otherwise.

About MBS Direct

For more than 20 years, MBS Direct has been helping schools get textbooks and course materials to their students all over the world. More than 950 higher-education institutions and K12 schools rely on MBS Direct’s distribution technology, service and partnerships to get the right books to their students before the start of class. The MBS Direct Digital platform brings learning off the printed page with embedded resources, note sharing and text-to-speech capabilities. Faculty get reporting features not possible with traditional textbooks and students get the flexibility to read books on whatever device and platform they already have. For more information, visit www.mbsdirect.net.

Contacts

Houghton Mifflin Harcourt
Emma Doherty, 617-351-5473
Director, Corporate Communications
emma.doherty@hmhco.com

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Contacts

Houghton Mifflin Harcourt
Emma Doherty, 617-351-5473
Director, Corporate Communications
emma.doherty@hmhco.com