Hoboken, NJ, October 4, 2010 — Wiley-Blackwell, the scientific, technical, medical, and scholarly publishing business of John Wiley & Sons, Inc. (NYSE:JWa and JWb), announced today the launch of a pilot program to make a portfolio of Biotechnology journals with more than 75,000 articles available through DeepDyve, the largest online rental service for scientific and scholarly research articles. Through DeepDyve’s innovative “Research, Rent, Read” model, researchers are able to discover and read-only articles from these journals on the DeepDyve site at affordable prices. The pilot will feature 26 journals and content dating back to 1912, including the Journal of Pharmaceutical Science, American Journal of Medical Genetics, Biotechnology and Bioengineering and Cell Proliferation.
"Wiley is exploring new channels and business models for delivering our content, to the widest possible audience," said Reed Elfenbein, VP and Director of Sales and Marketing. "DeepDyve's innovative content rental model enables us to reach researchers who are working outside of academic institutions and who do not have the resources of institutional libraries to access the latest scientific publications in their fields. Partnering with DeepDyve will help us to serve their information needs with flexibility and immediacy, while learning more about them and the opportunities and challenges presented by this innovative enabling technology."
DeepDyve targets unaffiliated knowledge workers who do not have access to content via an institutional library. Users can sign up for different levels of membership: Basic (pay as you go for a 24-hour rental period); Silver (a monthly subscription for up to 10 articles, each for a one-week rental period); and Gold (a monthly subscription for up to 25 articles per month with no expiration date). DeepDyve's "KeyPhrase" search technology supports queries of up to 5,000 words which ensures highly accurate results. The company's proprietary document viewer allows users read-only access to the articles, but prevents them from printing or copying/pasting the contents of the document. The DeepDyve viewer is also designed to work on iPads and other mobile devices.
"DeepDyve's mission is to make scientific and scholarly content available to the millions of unaffiliated knowledge workers throughout the world," said William Park, CEO of DeepDyve. "The biotech field in particular represents a tremendous opportunity given the vast number of startups and midsize companies in the U.S and abroad. We're excited to partner with Wiley to bring their authoritative content to this untapped audience of entrepreneurs and researchers."
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. To learn more, please visit www.deepdyve.com.
Founded in 1807, John Wiley & Sons, Inc., has been a valued source of information and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Wiley and its acquired companies have published the works of more than 400 Nobel laureates in all categories: Literature, Economics, Physiology/Medicine, Physics, Chemistry and Peace.
Wiley's core businesses include scientific, technical, medical and scholarly (STMS) journals, encyclopedias, books and online products and services; professional/trade books, subscription products, training materials, online applications and Web sites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, N.J., with operations in the U.S., Europe, Asia, Canada and Australia. The company's Web site can be accessed at www.wiley.com. The company is listed on the New York Stock Exchange under the symbols JWa and JWb.
Wiley-Blackwell is Wiley's international scientific, technical, medical, and scholarly publishing, with strengths in every major academic and professional field and partnerships with many of the world’s leading societies. Wiley- Blackwell publishes nearly 1,500 peer-reviewed journals and 1,500+ new books annually in print and online, as well as databases, major reference works and laboratory protocols. For more information, please visit www.wileyblackwell.com or our new online platform, Wiley Online Library, one of the world's most extensive multidisciplinary collections of online resources, covering life, health, social and physical sciences, and humanities.
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