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Cadmus Communications Wins Contract for American Chemical Society Journal Composition

Thursday, January 26, 2006

Press release from the issuing company

RICHMOND, Va., Jan. 25 -- Cadmus Communications Corporation announced today that it has agreed to provide composition and XML coding services for all scientific journals currently produced by the American Chemical Society ("ACS") at ACS' Columbus, Ohio facility. The ACS is one of the world's largest not-for-profit publishers and a recognized leader in the chemical science publishing market. The scope of this agreement includes more than 235,000 pages annually of leading research and reviews from approximately 34 journals. The transition of production activities to Cadmus for these journals will begin in April, 2006. All technical and other editing services for these journals will continue to be conducted by ACS personnel. Cadmus indicated that this arrangement with the ACS represents Cadmus' largest content-processing outsourcing agreement to date and one of the largest ever in STM publishing. Commenting on this arrangement, Bruce Thomas, Cadmus' President and Chief Executive Officer, said, "The ACS publishes more pages than any other scientific society in the world and is the recognized leader in the chemical sciences field. In addition, the ACS has been a large and valued customer for many, many years. We are thrilled that they have selected Cadmus as the partner to help them effect these important enhancements to their publishing program. Society publishers such as the ACS fulfill their mission primarily by attracting and publishing the world's best research to their members, readers, and content users. We at Cadmus have long believed that our publishing customers can best fulfill their missions by outsourcing non-core production activities to Cadmus. With this approach, customers can leverage our investment in robust and cost-effective production solutions specifically designed for this complex market and concentrate their own energy and resources on more strategic, more core publishing activities and issues." In connection with this agreement and to permit Cadmus to handle this significant increase in page composition volume, Cadmus will open a new content processing facility in Columbus, Ohio. That facility will be operational in April, 2006. All ACS titles will be produced in Columbus with support from Cadmus' operations in Mumbai, India and by the development teams at other US-based facilities owned and operated by Cadmus. Cadmus plans to staff its new Columbus facility primarily with current ACS associates. "We are excited to have the opportunity to expand our relationship with the ACS' journal program. Our collaboration with the ACS will give us the opportunity to significantly expand our US and offshore content processing capabilities, and also provide us with the opportunity to bring into Cadmus a proven and talented group of associates who can help build an even stronger foundation for growth for our business and customers," said John Grinnell, Senior Vice President of Cadmus U.S. Content Services Operations. In announcing its decision, the ACS noted that it will be better able to concentrate its efforts and investments in areas critical to maintaining the competitive position of the ACS publishing program and will be able to move more rapidly to an XML-based publishing workflow in support of the ACS web publishing strategy. "We have made this decision with an eye toward transitioning our publishing environment to embrace an end-to-end digital workflow that reflects the shift of our customers to web-based products and services," said Bob Bovenschulte, President of the ACS' Publications Division. "We have decided that now is an opportune time to engage the expertise of Cadmus, which is a leader in this market and has already established the robust functions and capabilities we need to ensure success."

 

 

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