Digital Science Announces Investment in Boston Based Start-Up Labtiva

LONDON / BOSTON - 11 OCT 2011 -- Digital Science, a division of Macmillan Publishers Ltd., today announced an investment in Boston based start-up Labtiva. The company was founded by two Harvard alumni, Robert McGrath and Siniša Hrvatin, to help researchers manage their information collections more efficiently, starting with content.

Today also marks the public launch of Labtiva’s flagship product ‘ReadCube’ (http://www.ReadCube.com), a free, cross-platform software application that enables researchers to create and manage their personal content library on their desktop, and intuitively discover new literature in their field through a recommendation system.

“As a researcher myself, I understand the need to find a simpler way to discover and keep on top of the thousands of articles published every day,” said Siniša Hrvatin, co-founder of Labtiva. “That’s why we developed ReadCube.”

Annette Thomas, CEO of Macmillan Publishers, announced Digital Science’s investment in Labtiva and release of ReadCube at today’s Frankfurt Book Fair to an audience of STM publishers and industry leaders.

“Macmillan has a long history and reputation in the scientific information space – through the work of Nature Publishing Group and now, Digital Science,” said Annette Thomas, CEO of Macmillan Publishers. “ReadCube provides a sophisticated yet lightweight interface for consumers of scientific content, helping to enhance the reading experience and discovery process for researchers, allowing them to keep on top of the latest literature. I firmly believe in the promise of ReadCube, and welcome Labtiva to Digital Science’s portfolio.”

Labtiva joins Digital Science’s other portfolio companies, including SureChem, BioData, 1DegreeBio and Symplectic. Together these provide a range of state-of-the-art software and services that make research more effective. For more information on Digital Science, its portfolio companies, and products, visit our product page:

“We’re delighted to be working with Labtiva,” said Timo Hannay, Managing Director of Digital Science. “Our investment is enabling them to take their product to an even higher level level and expand its reach among scientists. This is only the beginning for ReadCube, but it’s already a great product that we’re proud to welcome to our growing range of research tools.”

For more information or to download the tool, visit .

About Labtiva

Labtiva is a Cambridge, MA based software company that operates ReadCube, an application that helps researchers manage and discover relevant literature in their fields. Founded in 2007 by Robert McGrath and Sinisa Hrvatin, Labtiva has offices in Kendall Square and in Zagreb, Croatia. For more information about Labtiva, visit http://www.labtiva.com

About Digital Science

Digital Science is a division of Macmillan Publishers Ltd., launched in December 2010 to provide technology solutions for researchers. From intelligent knowledge discovery tools to software applications for the laboratory and decision-support systems for managers, Digital Science combines world-class technology with a resolute focus on scientists and those who support the research process. For more information, visit http://www.digital-science.com

About Macmillan Publishers Ltd

Macmillan Publishers Ltd. is one of the largest and best known international publishing groups in the world with staff operating in over 80 countries. It is a part of the privately owned media group, Verlagsgruppe Georg von Holtzbrinck GmbH. Macmillan provides a wide range of high-quality information through its scholarly, educational, fiction and non-fiction publishing activities. Products include journals in science, medicine and the social sciences; academic monographs; educational course materials, textbooks and online resources; as well as serious non-fiction and literary fiction. For more information, please visit http://www.macmillan.com/

Contact:

Kaitlin Thaney

Manager of External Partnerships

Digital Science

+44 (0) 207 014 4190

k.thaney@digital-science.com

http://www.digital-science.com

http://twitter.com/digitalsci

Grace Baynes

Corporate Public Relations

Nature Publishing Group

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E g.baynes@nature.com

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Visit the NPG press room: www.nature.com/npg_/press_room/

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