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Publication Services, Inc., Announces Partnership with CyberMedia
December 18, 2006:
Publication Services, Inc. (PS),
established in 1976 and located in Champaign, Illinois, has announced its
partnership with CyberMedia, South Asia’s largest specialty media
house. CyberMedia has acquired a 49% stake in the 30-year-old company.
PS is an experienced book and journal
production company that provides services to reference, trade, and
educational publishers throughout the United States. Based in Champaign,
Illinois, PS employs 50 full-time employees in addition to a freelance
workforce of about 250 individuals.
With this workforce, PS supports both
large and small publishers by providing comprehensive project and author
management, editing, foreign-language translation, proofreading, art,
typesetting, indexing, XML workflow, and both content and multimedia
development.
CyberMedia is South Asia’s first
and largest specialty media house, with thirteen publications (including
Dataquest, PCQuest, and Global Services) in the infotech,
telecom, consumer electronics and biotech areas, and is a media value
chain including Internet (www.ciol.com)
and television events. The group’s media services include market
research (IDC India), job board (CyberMedia Dice), content management,
multimedia, and media education.
PS is expanding the scope of services
offered to its clients through this partnership and is developing new
clients by providing cost-effective content services. Cybermedia has a
team of 130 professionals in India with expertise in original content,
creation, design, typesetting, data conversion, archiving, and digital
management. CyberMedia is ISO 9000 certified.
As a result of this partnership, PS is
expanding its sales force in the United States. Although services such
as typesetting and graphics will typically be handled by CyberMedia,
PS will retain its current employees in order to focus on project
management, editorial services, writing and content development, and
final quality control. In addition, PS is the point of contact for all
services provided to book publishers in the United States.
CyberMedia CMD Pradeep Gupta said, “We
are excited about our partnership with Publication Services. Together
we can embark on a faster growth path in addressing the publishing
outsourcing market with a highly experienced and quality-driven
team. This is the next step in CyberMedia’s movement toward going
global.”
Dr. William Stout, CEO of PS, stresses
that “the alliance between CyberMedia and PS represents an ideal
partnership in the current global publications marketplace. It combines
Publication Service’s editorial expertise, project management
skills, and U.S. client base with the cost-competitive high-quality
typesetting, graphics, and proofreading provided by CyberMedia. I look
forward to a long and rewarding partnership that will stimulate strong
growth and enhance profitability for both companies, as well as providing
unparalleled publishing services worldwide.”
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