Research Solutions Subsidiary Reprints Desk® Becomes a Preferred Vendor
for LYRASIS, One of the Largest Library Consortia in the U.S.
ENCINO, CALIF., and ATLANTA, GEORGIA, March 21, 2016 — Research Solutions, Inc. (OTCQB: RSSS), a pioneer in providing on-demand access to scientific, technical and medical (STM) information for research-intensive companies and organizations, and LYRASIS, a membership organization serving libraries, museums, and archives, announced today that Reprints Desk’s A-Z Academic Article Delivery Collection will be made available to the consortium’s 1,200 member libraries and cultural institutions at specially negotiated prices. LYRASIS member libraries benefit from using the award-winning Article Galaxy™ software platform to retrieve scholarly journal articles that are not available via subscriptions. In addition, member institutions can analyze spend management and content acquisition costs, ensuring cost-effectiveness of interlibrary loan and article delivery services.
“By supplementing subscriptions with article delivery services from Reprints Desk, LYRASIS members are able to provide fast access to the critical content required by their respective faculty members and students,” said Celeste Feather, Sr. Director of Licensing and Strategic Partnerships at LYRASIS. “In the bigger picture, commercial document delivery solution providers like Reprints Desk can also help LYRASIS academic libraries diversify their collection management strategies and accommodate patrons’ dynamically changing information needs.”
The A-Z Academic Article Delivery Collection powered by Reprints Desk is comprised of specially priced scholarly journal articles from more than 40,000 academic publications – including content often embargoed by interlibrary loan (LL) – and millions of book chapters from hundreds of thousands of titles. Reprints Desk provides a high quality PDF within minutes of each order received and offers the service for a low transactional service fee plus a special academic royalty charge as low as fifteen U.S. dollars.
“Reprints Desk is honored to announce our new collaboration with LYRASIS”, said Tony Landolt, Business Development at Reprints Desk. “LYRASIS member institutions can look forward to rapid access to full-text journal articles, 24/7 customer support, and special copyright royalties that provide another sourcing option beyond traditional interlibrary loan.”
LYRASIS, a non-profit membership organization, partners with member libraries, archives and museums to create, access and manage information with an emphasis on digital content, while building and sustaining collaboration, enhancing operations and technology, and increasing buying power. For more information, please visit www.lyrasis.org.
About Research Solutions
Operating through its wholly owned subsidiary, Reprints Desk®, Inc., Research Solutions, Inc. (OTCQB: RSSS) is a pioneer in providing on-demand access to scientific, technical, and medical (STM) information for life science companies, academic institutions and other research intensive organizations. More than 70 percent of the top 25 pharmaceutical companies in the world rely on services powered by Research Solutions. Article Galaxy™, the company’s cloud-based software-as-a-service (SaaS) solution, gives customers access to the over one million newly published articles each year in addition to tens of millions of articles previously published, helping them to create and speed discoveries, save time and money, and remain copyright-compliant. Research Solutions has arrangements with numerous STM content publishers that allow electronic access and distribution of their content. In addition to serving end users of content, the company also serves STM publishers by facilitating compliance with applicable copyright laws. For more information about Research Solutions, visit www.researchsolutions.com.
About Reprints Desk®
Reprints Desk improves how journal articles and clinical reprints are accessed, procured, and legally used in evidence-based promotions, medical affairs, and scientific, technical, and medical (STM) research. Organizations fueled by intellectual property choose Reprints Desk because of its collaborative business approach, efficient article supply system and services, and commitment to quality post-sales support. Reprints Desk has ranked #1 in every Document Delivery Vendor Scorecard from industry analyst and advisory firm Outsell Inc. since 2008. For more information about Reprints Desk, visit www.reprintsdesk.com.
Important Cautions Regarding Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: 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 such forward looking statements in this release include statements regarding the expected continued market acceptance of the Article Galaxy platform. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.