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