Wolters Kluwer completes acquisition of SilverPlatter


SilverPlatter provides search and retrieval technology to medical, academic, corporate and educational researchers worldwide with access to more than 250 electronic reference databases. The company has more than 11,000 institutional customers worldwide, with particular market strength in academic libraries. The services of SilverPlatter are offered through the Internet, Intranet and local CD-ROM solutions.
Wolters Kluwer's main objective with the acquisition and integration of SilverPlatter is to create a comprehensive channel for medical and scientific information. The acquisition of SilverPlatter will more than double the size of Wolters Kluwer's presence in the rapidly growing market for electronic medical and scientific information.
 
The activities of SilverPlatter and Ovid are complementary in many ways: SilverPlatter has strong sales in the scientific market, while Ovid has its traditional strength in the medical market. SilverPlatter has developed leading market positions in Europe and emerging markets, whereas Ovid is strongest in the United States.
 
Note for the editor:
Ovid Technologies is a leading provider of electronic information to the scientific, technical and medical markets. Ovid develops sophisticated search software for academic, medical and corporate customers and bundles this technology with full text, bibliographic, and summary content databases from the world's leading professional publishers. Ovid has over 5,000 institutional customers worldwide with more than 2.5 million individual users. As the leading source for medical and scientific information, Ovid provides more than 9 million links between bibliographic and full text resources. The company is part of the International Health & Science cluster of Wolters Kluwer.
 
Wolters Kluwer is a multinational information services company with annual sales of approximately EUR 3.7 billion, employing approximately 19,000 people in Europe, North America and Asia Pacific. The company's core activities are Legal, Tax & Business, International Health & Science, and Education. The Wolters Kluwer shares are quoted on the Euronext Amsterdam. The financial results for the first half 2001 will be announced on August 14, 2001.
 
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For more information please contact
- Press: Eric Heres, tel. +31 20 6070 335
- Analysts/Investors: Annie Hull-Bom, tel. +31 20 6070 407

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