I think I found the answer...
http://www.bookpeople.com/how-downlo...r-sony-ereader
How to Download Kobo eBooks to Your Sony eReader or Other E-Ink Device (excluding Kindle)
You can read your Kobo eBooks on your eReader using Adobe Digital Editions software.
Step 1: Set up a Kobo account via this link.
Step 2: Set up Adobe® Digital Editions
Download Adobe® Digital Editions.
Install the application and set up an Adobe® ID.
Step 3: Download your book from the Kobo Store
Visit the Kobo Store.
Sign in to your account.
Click My Library (near the top of the page).
In your list of Kobo books, find the book you want to download.
Click Download, ADOBE DRM EPUB, or ADOBE DRM PDF depending on what’s available.
Find the file you downloaded (an EPUB, PDF, or ACSM file) and right-click it.
Locate
the file (called urllink.acsm) on your computer and double-click the
file to open it into Adobe Digital Editions. You can also open the file
by launching the Adobe Digital Editions program and selecting File >
Import Files from the menu.
ADE will start, download your book, and add it to the ADE library.
Step 4: Use Adobe® Digital Editions to transfer your book
Connect your eReader to your computer.
If necessary, follow the prompts to authorize your computer using your Adobe® ID.
Your eReader will appear on the left side of the ADE window.
Drag the book from your ADE library to the eReader icon.