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Web of Science(R) Renewals Remain Strong Despite Tough Economic Climate

Posted on: Tuesday, 9 June 2009, 09:02 CDT

PHILADELPHIA and LONDON, June 9 /PRNewswire/ -- The Healthcare and Science business of Thomson Reuters reported today that, despite difficult economic times, renewals of Web of Science(R) have remained strong, and many existing customers have even added new content to their portfolio of products. Web of Science is the world's largest citation database, providing researchers, administrators, faculty and students access to more than 11,000 actively covered, high impact journals and 110,000 conference proceedings, totaling 45 million documents and more than 1 billion cited references.

"Academic and government research bodies are facing difficult decisions when it comes to budget constraints," said Keith MacGregor, EVP, Scientific and Scholarly Research at Thomson Reuters. "We realize that customers are being forced to consolidate and to scale back on resources, so we are very pleased that they continue to choose Thomson Reuters trusted content over the competition time and again."

Web of Science backfiles have seen especially strong growth, combined with the new offering of Century of Social Sciences(TM) that delivers comprehensive backfile and cited reference data from 1900 to present. Recent sales include Ryerson University, Iowa State University, Wesleyan University and King Fahd University For Petroleum & Minerals in Saudi Arabia.

"Recent sales of Century of Social Sciences reflect the important role historical research plays in driving innovation," MacGregor added. "Researchers turn to Thomson Reuters products to compile decades of significant research, but also to be part of a network of users that includes some of the most prestigious institutions in the world."

About Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. For more information, go to thomsonreuters.com.

SOURCE Thomson Reuters

Source: PR Newswire

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