Media Source, Inc. Appoints Steve Zales as CEO

COLUMBUS, Ohio–(BUSINESS WIRE)–Media Source, Inc., (“Media Source”) appoints Steve Zales as Chief
Executive Officer effective today. Zales succeeds Randy Asmo, who steps
down after 29 years at Media Source, including 18 years as its CEO. Mr.
Asmo will maintain an advisory and board role with the Company.

Zales has proven capability and leadership skills in building highly
regarded consumer and business-to-business brands and driving digital
innovation across a range of industries. Having been President of Time
Warner’s Lifestyle Digital division, VP/General Manager for CNNSI
Interactive, and SVP/General Manager for Walt Disney’s ESPN Internet
Group, he has deep experience in content and subscription businesses.
Zales is a business-builder, innovator and digital transformation
specialist with a history of improving revenues and profit performance
while delivering valuable customer-focused solutions and services.

“I am very excited to lead the executive team at Media Source and help
the company deliver further value to librarians and publishers, while
supporting Media Source’s mission to inspire readers,” Zales said. “The
Company’s long history of identifying and supplying the best in
children’s and young adult literature, expert reviews, and a range of
valuable services to libraries provides a tremendous foundation for
additional services and products. I look forward to enhancing our
offering to our customers and end-users to meet their evolving needs.”

Media Source is the market leader in collection development and library
management solutions with some of the most iconic brands within the
industry. Media Source is a portfolio company of The Vistria Group.

“Media Source is a unique platform that enables librarians and teachers
to inspire children and young adults to read and in doing so produces
better educational outcomes and consistent with the Company’s mission.
We believe that the library will continue to be a very important agent
in the movement to student-centered learning,” said Vic Ganzi, who is
board Chairman for Media Source. “We thank Randy for his service and
leadership, and look forward to collaborating with him as he maintains a
board role and shareholder position in the Company. We will build on his
great work creating and delivering flexible solutions for our customers.”

Philip Alphonse, who is a board member at Media Source and a Partner at
The Vistria Group added: “We look forward to working with Steve to build
on the terrific brands that we have at Media Source. These brands
include Junior Library Guild, which has long been considered the
authority on children’s literature. The Company’s long and successful
history includes Eleanor Roosevelt, who as a champion of education,
served on the Junior Library Guild editorial board from August of 1929
until her death in 1962. Other Media Source brands, including School
Library Journal and the Horn Book, are also well-respected for
thought-leadership within the industry. Steve is the perfect executive
to build on this strong history.”

About Media Source

Founded over 85 years ago with a focus on children’s and young adult
literature, Media Source, Inc. provides leading collection development
and library management solutions to over 50,000 school and public
libraries. With some of the most powerful brands in the industry, the
Company’s fundamental purpose is to help librarians, teachers, parents
and others better serve readers’ appetite for lifelong learning and
enjoyment. The Company’s leading brands include Junior Library Guild,
The Horn Book, Inc., School Library Journal and Library Journal.
The Company supports its member schools and public libraries by
consistently delivering engaging, award-winning titles and relevant
solutions in both physical and digital formats. Members trust Media
Source, Inc. to put only the best books in front of readers and to offer
the most relevant information for librarians. Visit www.mediasourceinc.com
to learn more.

About The Vistria Group

The Vistria Group is a Chicago-based private investment firm focused on
investing in middle market companies in the healthcare, education, and
financial services sectors. Vistria’s team is comprised of highly
experienced operating partners and private equity executives with proven
track records of working with management teams in building innovative,
market-leading companies.

Contacts

Andrew Thorne
Vice President, Marketing
Media
Source, Inc.

614-873-7956