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OCTOBER 27, 2009 – Sunnyvale, CALIF — DeepDyve today unveiled the world’s largest online rental service for scientific, technical and medical research. From a growing database spanning thousands of journals, DeepDyve now gives consumers and professionals access to more than 30 million articles for as little as $0.99 per article.
"The web is transforming the publishing industry and creating opportunities for new users to access our content," said Martin Frank, Ph. D., executive director of the American Physiological Society. "The rental model that DeepDyve has pioneered enables us to serve these new users without compromising the products we offer to our traditional subscription customers."
In the U.S. alone, there are more than 50 million sophisticated consumers and professionals, so-called “knowledge workers,” who use the web for research for their education, health and careers. Often the best research information is available only on a subscription basis from scientific publications and scholarly societies that traditionally serve large academic and corporate institutions with specialized websites and tools.
As a result, most knowledge workers face significant challenges when trying to access this authoritative content. According to a recent report from the Publishing Research Consortium1, these primary obstacles include: 1) the difficulty of simply finding the right information from among the millions of search engine results; 2) the expense of paying $30 or more for each premium article based solely on a short preview or abstract; and 3) the inconvenience of visiting multiple publisher sites, each with a different and often complicated e-commerce experience.
DeepDyve's key benefits address these needs directly by offering:
"With today's announcement, DeepDyve intends to close the loop and not only help our users search for research, but rent and read what they discover - easily and affordably. We believe our new offering will open a large, untapped market for our publisher partners who had primarily served the large corporate and academic institutions," said William Park, CEO of DeepDyve.
DeepDyve also offers an array of features and benefits to enrich the searching and reading experience, including:
DeepDyve is currently offering a risk-free, 14-day trial that allows users unlimited access to thousands of authoritative journals at no cost. Users enjoy continuous access to any article until their Free Trial expires, after which they may join one of three plans:
To learn more about DeepDyve's online rental service for research, visit www.DeepDyve.com.
DeepDyve was founded in 2005 by scientists who shared the vision of simplifying the research process. Through direct collaboration with the industry's most prominent and well respected publishers, the company now offers the world's largest online rental service for scientific, technical and medical research with more than 30 million articles from thousands of authoritative journals. DeepDyve is headquartered in Sunnyvale, California with offices in Shanghai, China. The company is privately held and backed by high-profile angel investors.