Fortune 500 Companies and Others Reduce Content Acquisition Costs with New Software Service from Research Solutions
LOS ANGELES, March 20, 2013 /PRNewswire/ — Research Solutions, Inc. (OTCBB: RSSS), a business-to-business information services and software company, today announced that wholly-owned subsidiary Reprints Desk launched its Open Access Filter, a new content acquisition service feature designed to reduce unnecessary document delivery spending by Fortune 500 companies and other research-driven organizations that purchase scientific, technical and medical (STM) content.
“The first rule of document delivery is to help customers avoid unnecessary document delivery expenditures. We have made significant system improvements over the last year with those customer savings specifically in mind,” said Peter Derycz, Research Solutions Chairman and CEO. “The new service feature for finding free articles on the Internet does just that, especially for larger research-driven companies who switch to Research Solutions’ subsidiary Reprints Desk.”
Open access (OA) is the practice of providing unrestricted online access to scholarly, peer-reviewed journal articles and increasingly other content types. According to the results of one study, Open Access is responsible for roughly 20% of the total output of peer-reviewed articles published. Other recent developments include Research Councils UK (RCUK) announcement that beginning in April 2013, scientific papers must be made free to access within six months of publication if they come from work paid for by one of the United Kingdom’s seven government-funded grant agencies, which spend billions of dollars each year on research.
Academic institutions, corporations, and government organizations use document delivery as a legal method for retrieving single copies of full-text papers from scholarly peer-reviewed journals when subscription access does not exist. Reprints Desk has held lone honors as the top-rated document delivery supplier in every document delivery market research survey conducted by information analyst and advisory firm Outsell, Inc., since 2008. Parent company Research Solutions changed its name and stock ticker symbol from Derycz Scientific (DYSC) in March 2013.
Additional information can also be found online at www.researchsolutions.com.
About Research Solutions, Inc.
Research Solutions (formerly Derycz Scientific, Inc.) and its wholly-owned subsidiary Reprints Desk (www.reprintsdesk.com) deliver research information services and software to research-intensive organizations in Life Sciences and other industries.
Certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company’s products in the market; the Company’s success in obtaining new customers; the Company’s success in technology and product development; the Company’s ability to execute its business model and strategic plans; the Company’s success in integrating acquired entities and assets, and all the risks and related information described from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the financial statements and related information contained in the Company’s Annual Report on Form 10-K and interim Quarterly Reports on Form 10-Q. Examples of forward-looking statements in this release include statements related to new products, anticipated revenue and profitability. The Company assumes no obligation to update the cautionary information in this release.
SOURCE Research Solutions, Inc.