CARL Systems & B.H. Blackwell Partnership Birdie MacLennan 14 Sep 1992 20:52 UTC
Date: Mon, 14 Sep 1992 14:50:35 LCL From: Meade_Eggleston <eggleston@READMORE.COM> New York September 10, 1992 CARL Systems, Inc. Selects B.H. Blackwell as Strategic Partner for UnCover Letter of Intent Signed CARL Systems, Inc. of Denver, Colorado, and B.H. Blackwell have signed a letter of intent, to jointly develop, expand and market the UnCover current awareness and article delivery service. Ward Shaw, Chairman and CEO of CARL Systems, Inc., commented, "We have chosen Blackwell as our strategic partner because of the international marketing and service reputation of the Blackwell Group, and its ability to reach the global marketplace. Blackwell's strength in academic and research institutions worldwide, and Readmore's presence in the corporate and medical marketplace in North America are attractive to us. Finding a partner with international marketing, a strong commitment to the library community, and a wide product range will serve this enterprise well." The existing UnCover service will be enhanced and expanded to serve the growing need of libraries and researchers for timely and cost effective access to current research literature. The UnCover database will be expanded to include 15,000-20,000 titles, and will be delivered to libraries worldwide over appropriate public and private networks. CARL Systems, Inc. will continue to market UnCover as an integral part of its library management system. CARL Systems customers will continue to receive access to the UnCover service. Terry Collins, Blackwell's Group Managing Director, commented, "This new joint venture will vigorously market the UnCover service on a global basis through our periodical companies, including Blackwell's Periodicals, Readmore, Inc., Readmore Academic Services, and Readmore Canada. The addition of the Blackwell resources will ensure that UnCover receives the level of investment required to make it the premier article delivery service in the world." Preparation of the detailed final documents is currently underway and negotiations between the Board of Directors of the two companies are progressing. For further information contact: CARL Systems, Inc. Blackwell's Periodicals Readmore Becky Lenzini John Cox Dan Tonkery President Director President CARL Systems, Inc. Blackwell Periodicals Readmore, Inc. (303) 758-3030 44-0865-792792 (212) 349-5540