PRESS RELEASE: Swets acquires ScholarlyStats from MPS Technologies

[Liblicense-L Listowner <liblicen@pantheon.yale.edu>]

Of Possible Interest:
____________________________________

PRESS RELEASE

Lisse, The Netherlands & London, United Kingdom

2 October 2007

Swets acquires ScholarlyStats from MPS Technologies

Swets extends its extensive product line through acquisition of 
the award winning ScholarlyStats, continuing its strategic focus 
on providing the ultimate portfolio of services for libraries 
worldwide.

Swets is pleased to announce that it has acquired exclusive 
rights to ScholarlyStats from MPS Technologies (MPST). MPS 
Technologies will continue to operate ScholarlyStats for Swets 
and to develop the service, ensuring continuity for existing 
customers.

ScholarlyStats is a sophisticated Web-based portal that eases the 
burden of collecting, consolidating and analyzing e-journal usage 
statistics from multiple sources. Supplied in COUNTER compliant 
format, usage reports may be viewed and downloaded by libraries 
via a single, intuitive interface, thus freeing their staff to 
focus on other duties and facilitating more accurate collection 
decisions.

MPST launched ScholarlyStats in 2005 and the product has 
experienced rapid adoption on a global scale. ScholarlyStats won 
Library Product of the Year at the 2006 International Information 
Industry Awards. Working closely with MPS Technologies as a 
Global Sales Partner since the start of 2006, Swets developed a 
leading channel position, demonstrating its strength in bringing 
new technologies to the marketplace. Swets is extremely enthused 
about incorporating the product fully into its extensive 
portfolio and the untapped potential it holds.

Commenting on the relationship, Ravi Singh, CEO of MPST, said 
"ScholarlyStats has enjoyed immense industry recognition and this 
association will bring additional value to both new and existing 
customers. MPST will continue to deliver all the technology 
services for ScholarlyStats. We are confident that combining 
Swets' global sales force with the MPST product development 
expertise will take ScholarlyStats to the next level."

"At Swets we believe that usage statistics are a strategic and 
integral part of the acquisition process for libraries," said 
Arie Jongejan, CEO of Swets. "Our successful sales partnership 
with MPST has shown us the inherent value of ScholarlyStats. 
Adding the product to our portfolio gives us the opportunity to 
increase the value offered to our customers substantially."

Although Swets has acquired the product, it will be 'business as 
usual' for the existing customers and business partners of MPST. 
MPST will serve as an outsourcing partner for Swets and will 
continue to gather and process the usage statistics. Customers 
will still access and utilize ScholarlyStats through the same 
portal, www.scholarlystats.com, and the statistics will continue 
to be reported in the same format.

Together, Swets and MPST look forward to building on the success 
of ScholarlyStats and are excited about working together to 
create an even better product. Arie Jongejan added, "By 
developing a single, easy to use environment that integrates 
holdings, price information and usage statistics we will be able 
to provide libraries with the ultimate selection support tool, 
one that allows them to make more informed choices and to get the 
most out of their collection."

About MPS Technologies

MPS Technologies provides a range of technology-driven products 
and services specifically to support the information industry. 
Services include BookStore - the eBook platform, ContentStore 
delivering journal and database content and PublisherStats 
providing usage statistics analysis for publishers. MPS 
Technologies is a Macmillan India company, part of the Macmillan 
group and has offices in London, Boston, New York, Basingstoke, 
Hamburg and Delhi. www.mpstechnologies.com 
<http://www.mpstechnologies.com>

About Swets

Swets is the world's leading subscription services company. We 
build on more than 100 years of experience to maximize the return 
on investments in time and money for clients and publishers in 
today's complex information marketplace. With clients in over 160 
countries and more than twenty offices around the world, Swets is 
a true "long tail" powerhouse that provides the most 
comprehensive and sophisticated e-commerce platform currently 
available in its field. Swets has been included in E-Content 
Magazine's "100 companies that matter most in the Digital Content 
Industry" for the past two years, and appeared at number 95 in 
FEM Business' "Top 500 Companies in The Netherlands" in 2006. We 
are the only subscription services company that is ISO 9001:2000 
certified on a global basis--a testament to our stringent 
operation and client service procedures.

Media Contact

Damian Leslie
External Communications Executive
Swets Heereweg 347 B, 2161 CA Lisse
The Netherlands
Email: dleslie@nl.swets.com
www.swets.com <http://www.swets.com/>