February 10, 2003 TDNet, the leading supplier of electronic journals and online contents management solutions, today announced that it has reached an agreement with Journal Web Cite to take over service contracts for Journal Web Cite subscriber libraries in the U.S. and Canada.

Libraries that are using the JournalWebCite system, and have signed service contracts with Journal Web Cite, will now receive uninterrupted quality service through TDNet. In addition, TDNet, with its expanded database of over 50,000 electronic journals and 400 aggregated databases, provides a cutting-edge service with enhanced application features, such as subject and keyword searching, automatic TOC alerts, usage statistics, document delivery and article level searching and linking.

Journal Web Cite has recently decided to pursue other business opportunities apart from the library marketplace. Payments made to Journal Web Cite will be honored by TDNet and service will continue under similar terms through the end of each customer's service period. Furthermore, JournalWebCite customers will be offered a variety of upgraded renewal options.

Michael Markwith, President of TDNet Inc., said: "We believe that this arrangement is good for our business, and also presents a substantial contribution to the US library community in the face of shrinking budgets and a struggling economy. We have already made the proper arrangements to ensure a smooth and service-focused transition".

Jefferson Clark, Managing Partner for JournalWebCite, added: "Our primary concern is the well-being of our loyal customers. We are very pleased that TDNet will work with them to ensure quality uninterrupted service and provide additional services many of them have requested in the past."

About Journal Web Cite

Journal Web Cite, LLC are makers of JournalList, the Internet's solution for managing electronic journal holdings. The company recently announced that it has stopped operations.

About TDNet

TDNet's unique solutions to electronic resources and electronic journals management are based on an original approach integrating a diversity of access modes to electronic sources, on one unified, coherent site.

TDNet is a custom-made eContents service, tailored to include all and only your chosen titles, and to reflect your current access arrangements for every title on the system.

TDNet's database currently holds over 50,000 e-journal web sites and table of contents records. Requests for titles, which have not yet been added to TDNet fast growing database, are welcome.

The TDNet team constantly browses the web for more titles.