"We are honored that Wiley has been selected by FORTUNE magazine as one of the '100 Best Companies to Work For,'" said William J. Pesce, Wiley's President and CEO. "Wiley is a very special place—a closely knit, global community, in which talent, integrity, and commitment are valued as critical to our success. At Wiley, our colleagues are treated as human beings first, and professionals second. We recognize the contributions of our colleagues and support them in tangible ways—like providing a collaborative environment that encourages open dialogue and candid feedback; offering flexible benefits to help balance the demands of their professional and personal lives; and encouraging career development."

As part of its evaluation of Wiley's culture and practices, FORTUNE magazine randomly surveyed 350 of the company's colleagues. FORTUNE highlighted the company's responsiveness to their needs, saying that "When this publisher moved from Manhattan in 2002, it asked employees what perks they wanted—and followed through by providing a pristine river location, on-site exercise room, café, and free shuttle service."

While new to FORTUNE'S "100 Best Companies to Work For" list, Wiley has been recognized on several past occasions for its exceptional culture. A poll of CEOs by the Financial Times in 1998 named Wiley one of the "World's Most Respected Companies"; in 2003, Working Mother magazine called Wiley one of the "100 Best Companies for Working Mothers" for its commitment to providing work/life benefits; and in 2004, the U.S. Environmental Protection Agency placed Wiley on its list of "Best Workplaces for Commuters" for offering colleagues outstanding commuter benefits. Wiley also received the Enterprise Award from the New Jersey Business & Industry Association, in 2003. The award was presented to Wiley for its significant contribution to New Jersey's economic growth—after the relocation of its corporate headquarters to Hoboken, New Jersey in 2002, the company tripled the number of jobs it provided in the state.

In addition to these accolades, Wiley has been recognized as one of the publishing industry's most successful companies, as evidenced by compound annual growth rates during the past decade in revenue, earnings per share, and its stock price, of 12%, 22%, and 19%, respectively.

According to FORTUNE, the "100 Best Companies to Work For" list is compiled for the magazine by Robert Levering and Milton Moskowitz of the Great Place to Work Institute in San Francisco, based on two criteria: an evaluation of the policies and culture of each company, and the opinions of the company's employees. The latter is given more weight; two-thirds of the total score comes from employee responses to a 57-question survey that goes to a minimum of 350 randomly selected employees from each company. It asks about things such as attitudes towards management, job satisfaction, and camaraderie within the organization. The remaining one-third of the score is based on an evaluation of each company's demographic makeup, pay and benefits programs, and culture. Companies are scored in four areas: credibility (communication to employees), respect (opportunities and benefits), fairness (compensation, diversity), and pride/camaraderie (philanthropy, celebrations). Wiley was ranked 95 on the list, which can be found at www.fortune.com, as well as at www.greatplacetowork.com.

Founded in 1807, John Wiley & Sons, Inc., provides must-have content and services to customers worldwide. Its core businesses include scientific, technical, and medical journals; encyclopedias, books, and online products and services; professional and consumer books and subscription services; and educational materials for undergraduate and graduate students and lifelong learners. Wiley has publishing, marketing, and distribution centers in the United States, Canada, Europe, Asia, and Australia. The company is listed on the New York Stock Exchange under the symbols JWa and JWb. Wiley's internet site can be accessed at www.wiley.com.