Barnes & Noble Education Reports Investment In Flashnotes

(RTTNews) - Barnes & Noble Education Monday reported an investment, through its college business, Barnes & Noble College, in Flashnotes, Inc., an online marketplace for college students to sell and buy student-created course-specific study materials.

Both companies will also enter into a Strategic Alliance Agreement that will enable Barnes & Noble College to promote Flashnotes.com at partner schools and on digital platforms. They intend to create positive change and improve academic outcomes by making students more active participants in their own education.

Together, Barnes & Noble College and Flashnotes.com expect to directly impact student success through a mutual partnership that aligns the student learning and studying experience with a built-in support system, while showcasing the campus bookstore as an important student resource.

Flashnotes.com, which was founded in Ohio in 2010, is the student-to-student study materials marketplace. On Flashnotes.com, college students sell and buy student-created course-specific study materials such as study guides, notes, flashcards, video tutorials, and live video help.

"One of the key objectives of the planned separation of Barnes & Noble Education, comprising the Barnes & Noble College business, from Barnes & Noble Inc., is to pursue strategic opportunities in the growing educational services markets , and our investment in Flashnotes.com is consistent with that objective," said Max Roberts, Chief Executive Officer of Barnes & Noble Education.