Dec 5, 2016
ENCINO, Calif. and TOLLAND, Conn., Dec. 5, 2016 /PRNewswire/ -- Research Solutions, Inc. (OTCQB: RSSS), a pioneer in providing cloud-based research intelligence products and services, today announced that its wholly-owned subsidiary Reprints Desk, Inc., has engaged in a new business development partnership with research advisory firm Nerac, Inc., making Reprints Desk's software-as-a-service (SaaS) research retrieval ("document delivery") platform Article Galaxy™ available to Nerac customers.
Powered by analysts with deep domain expertise and a vast collection of scientific and engineering data resources, Nerac actively provides custom research advisory and information monitoring services to hundreds of enterprise Fortune 500 customers who operate in highly regulated industries such as medical devices, diagnostics, pharmaceuticals and engineering.
Under the terms of the agreement, Nerac will upgrade the integrated article acquisition capabilities for its customers by transitioning to Reprints Desk's award-winning research retrieval platform Article Galaxy.The switch accelerates access to scientific documents routinely referenced in Nerac's digital customer reports and alerts, bringing ease-of-use and near real-time article delivery to Nerac's customers.
Article Galaxy users are going to benefit from access to Nerac's 80 million global patents to be integrated into the Article Galaxy platform, and Reprints Desk plans on powering its advanced Article Galaxy "Ask an Expert" scientific concierge service with experts staffed by Nerac.
"The partnership is a win-win situation for Nerac and Reprints Desk customers and has the potential to blossom into an even larger, more strategic relationship," said Peter Derycz, CEO and President of Research Solutions. "Mutual customers will seamlessly receive legal, lowest cost access to the millions of research papers and book chapters that are identified in Nerac reports."
Kevin Bouley, President and CEO of Nerac added, "We're very excited about the partnership owing to the highly complementary nature of the research offerings, and with the several recent innovations to the Article Galaxy platform implemented by Reprints Desk, customers will now have access to a host of best-in-class services supporting their research needs."
Corporations, academic institutions, and government organizations around the world rely on Article Galaxy for copyright-compliant access to full-text scientific, technical, and medical content when subscription access does not yet exist. As a cloud-based service, Article Galaxy provides one-stop shopping and lowest cost acquisition of full-text journal articles, ensuring copyright-compliant access when filtering requests against subscriptions and Open Access content.
Nerac Inc. is a global research and advisory firm for companies developing innovative products and technologies. Nerac provides expert insights that equip clients with the knowledge to develop or refine a technology, explore market growth opportunities, evaluate intellectual property strategies and respond to regulatory changes. Nerac serves approximately 20,000 users worldwide and delivers over 75,000 research projects and custom alerts each year. Nerac has a long, successful consulting history in a wide-range of industries with a strong focus in the areas of pharmaceutical, food and nutraceuticals, medical device, engineering, energy and advanced materials.For more information about NERAC, please visit www.nerac.com.
About Research Solutions
Research Solutions, Inc. (OTCQB: RSSS) is a pioneer in cloud-based SaaS research intelligence products and services for research-intensive organizations. More than 70 percent of the top 25 pharmaceutical companies in the world rely on services powered by Research Solutions' wholly owned subsidiary, Reprints Desk. Article Galaxy™, the company's SaaS solution, provides customers with on-demand access to over one million newly published scientific, technical, and medical (STM) 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. 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.
Certain matters discussed in this press release may be forward-looking statements. 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. The Company assumes no obligation to update the cautionary information in this release.
SOURCE Research Solutions, Inc.
For further information: Mitja Alexander Linss, Director of Marketing, Research Solutions, Inc. and Reprints Desk, Inc., firstname.lastname@example.org, +1 (67) 835-0854; Susan Lucek, Marketing Manager, Nerac, Inc., email@example.com, +1 (860) 872-7000 Ext. 1008