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Weekly News Digest

February 28, 2005 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.

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Wiley InterScience Launches New OnlineBooks Sales Model

John Wiley & Sons, Inc. announced the launch of a new sales model for its online book platform, Wiley InterScience OnlineBooks (http://www.interscience.wiley.com/onlinebooks). Previously available only through subject-specific collections, OnlineBooks are now available through two other options-the "One Time Fee Option" and the "Flexi-Subscription Option." Both offer customers unlimited concurrent user access to purchased titles, as well as COUNTER-compliant usage statistics reporting.

With the One Time Fee Option customers can pay once for ongoing access; build customized collections by selecting holdings on a title-by-title basis; and add additional titles at any time. Pricing is based on the U.S. list price of the hardcover edition and the customer FTE, with discounts based on the number of titles purchased.

With the Flexi-Subscription Option, titles are priced at an annual flat fee determined by FTE. A subscription provides access for one calendar year. This option also allows customers to build customized collections and add titles at any time. At renewal, titles can be added and deleted, as long as the subscription includes a minimum of 20 titles. Once a title has been subscribed to for 3 consecutive years, ongoing access to that title is provided at no additional cost.

With the launch of this new sales model, 300 to 500 new backlist titles—dating back to January 2003—are now available, many of which are in subject areas not previously offered before, such as physics, psychology, and finance. In addition, approximately 100 new frontlist titles are also available with this launch, bringing the total number of online book offerings to almost 1,200 titles.

Source: John Wiley & Sons, Inc.



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