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FOR MORE INFORMATION, CONTACT Josephine Fiamingo, Marketing, R.R. BowkerPubnet LLC 908-219-0157 Pubnet LLC and MISG Announce New Pricing Models
June 25, 2001 Research Triangle Park, N.C., June 25, 2001 - The Management Information Systems Group, Inc. (MISG) and Pubnet LLC announce the elimination of annual membership and title database submission fees and a reduction of initiation fees for Pubnet®, a leading electronic commerce system for the publishing industry. MISG, which manages and markets the Pubnet system, implemented the new pricing models effective June 1. "We have worked diligently to improve the efficiencies of the Pubnet system," said Alan Jones, managing director of MISG. "With this in mind, and to align Pubnet's pricing model along industry practices, we have made significant changes. This positions the system for growth in the publishing industry and provides even more value to publishers and retailers." Publishers previously paid annual fees, based on company sales, to remain an active supplier. Now the only costs to use the Pubnet system are the per-document transaction fees and a monthly mailbox fee. Initiation fees also were previously based on sales but have been reduced to a low, one-time charge. Annual fees also were required previously for publishers to submit updates to the Pubnet Ordering Wizard (POW) Title Database, which contains more than 750,000 titles. The fees also have been eliminated. Bookstores and distributors can utilize the POW system to search for titles and place orders over the Pubnet Web site (www.pubnet.org). An increased number of publishers participating and number of titles in the database will provide additional value to retailers ordering through POW. "The pricing reductions will bring new publishers on board, which will benefit bookstores and other retailers," said David Davis, MISG's publishing industry manager. "We know that many companies love the reliability and simplicity of using Pubnet, but we also recognize the increased value they will realize with the new structure." Pubnet is a leading publishing industry E-commerce exchange, allowing more than 3,000 distributors, bookstores and other retailers to place electronic orders and receive return documents over the Internet. More than 300 publishers receive orders over Internet file transfers or through the browser-based application at www.pubnet.org. Web users have access to the system's 500,000-plus title database to conduct title searches and place online orders. The Management Information Systems Group, Inc. is a leading supplier of electronic commerce and EDI solutions, managed network systems and Internet services to the publishing industry. MISG's Internet services include Web site development and hosting, Web-to-EDI-to-Web integration, E-commerce-enabled Web sites, Internet-based EDI and trading community management. Web sites:
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