Open Market and Copyright Clearance Center.CAMBRIDGE, Mass.--(BUSINESS WIRE)--May 9, 1995-- Open Market, Inc. (OMI (1) See Open Market. (2) (Open Microprocessor Initiative, Brussels, Belgium) An organization that functions under the umbrella of the European Commission. It funds projects that research and develop advanced microcontroller technologies. ), the emerging leader in electronic commerce, and Copyright Clearance Center Copyright Clearance Center (CCC) is a not-for-profit U.S. company based in Danvers, Massachusetts, that provides collective copyright licensing services for corporate and academic users of copyrighted materials. ((CCC CCC A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa. ), the only comprehensive, not-for-profit collective licensing organization in the U.S., announced today a new service on the Internet that promises to revolutionize the way businesses, academic institutions and individuals gain permission to copy copyrighted material. Using technology from Open Market, CCC has created an online rights clearance system that streamlines the copyright permissions process for more than 1.7 million titles from over 9,000 participating publishers. The new World Wide Web service on the Internet is called "CCC Online" and is the first of its kind in the world. CCC Online eliminates the two major obstacles encountered when seeking permission to photocopy copyrighted materials: the time and cost of locating individual rightsholders. Using CCC Online, customers know instantly whether they have permission and how much it will cost. Customers can easily search CCC's extensive catalogs for specific titles, find out the total fee, file electronically for permission to copy, and set up payment online. The service is available 7 days a week, 24 hours a day. CCC Online is located on the World Wide Web (URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. ) at http://www.directory.net/copyright/. CCC Online rests on Open Market's Integrated Commerce Environment, a secure infrastructure for doing business on the Internet. More than just a payment system, the Integrated Commerce Environment allows businesses to conduct secure transactions, establish customer profiles, perform buyer authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. , handle multiple types of payment including credit cards, subscriptions and purchase orders, fulfill orders and implement efficient, effective customer service. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Joseph Alen, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CCC: "This new offering dramatically eases the process of obtaining permissions, which in turn increases the likelihood for publishers and authors to be reimbursed for copying their material. Using Open Market's solution for electronic commerce, CCC Online encourages ongoing customer relationships that will leverage the information access resources of the Internet for publishers and authors." The extensive CCC catalogs are searchable by anyone with access to the World Wide Web. Initially, CCC Online will support electronic reporting by a subset of customers seeking only photocopy permissions, including academic libraries, document suppliers and small corporations. By July, customers seeking permissions to create academic coursepacks also will be able to fully use CCC Online as well. CCC may further extend the services of CCC Online to publishers, facilitating their ability to do business over the Internet. The OMI/CCC initiative is one of a number of partnerships between Open Market and others seeking to conduct business on the Internet. Other publishers such as Time, Inc., Advance Publications/Condi Nast and Tribune Company The Tribune Company (NYSE: TRB) is a large American multimedia corporation based in Chicago, Illinois. It is the nation's second-largest newspaper publisher, responsible for the Chicago Tribune, Los Angeles Times, Newsday, Hartford Courant are re-inventing their businesses for the cyber-age and leveraging the Internet to reach millions of consumers. Open Market offers the only complete solution for business-to- business commerce on the Internet. "Our unique business perspective in working with industries such as publishing helps companies establish solid, value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. on the Internet," said Shikhar Ghosh, Open Market's CEO. "We help publishers succeed in the new cyberspace Coined by William Gibson in his 1984 novel "Neuromancer," it is a futuristic computer network that people use by plugging their minds into it! The term now refers to the Internet or to the online or digital world in general. See Internet and virtual reality. Contrast with meatspace. market by re-inventing every aspect of their businesses from marketing to financial transactions." About Copyright Clearance Center The Copyright Clearance Center, headquartered in Danvers, MA, is a not-for-profit corporation A not-for-profit corporation is a corporation created by statute, government or judicial authority that is not intended to provide a profit to the owners or members. A corporation that is organized to provide profits to its owners or members is a for-profit corporation. formed in 1978 by authors, publishers and users at the suggestion of Congress. Over 5,000 corporations and their subsidiaries (including 80% of the Fortune 100 companies) as well as law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
CCC is the U.S. Reproduction Rights Organization and is a member of the international Federation of Reproduction Rights Organisations (IFRRO IFRRO International Federation of Reproduction Rights Organisations ). Through bilateral agreements with IFRRO members in other countries, CCC also carries out international licensing transactions involving reproduction of copyrighted materials. About Open Market Founded in 1994, Open Market, Inc., develops and markets software, services and industry-specific solutions to facilitate electronic commerce on the Internet and the World Wide Web. The company is the only vendor offering a complete electronic infrastructure for establishing and managing a business on the Internet, ranging from on-line store creation for small companies to custom business solutions for large businesses. Open Market can be reached on the World Wide Web at: http://www.openmarket.com CONTACT: Copyright Clearance Allen Dean 508/750-8400 adean@copyright.com or Schwartz Communications Shirley Macbeth, Jennifer Bresnahan 617/431-0770 smacbeth@mcimail.com jbresnahan@mcimail.com |
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