Versita announced the launch of Versita Open, a portal that lets publishers of scholarly journals choose an open access model and services that best serve their needs. According to the company, Versita Open has already attracted over 200 journals across numerous disciplines and expects to publish 500 journals in the near future.
Versita Open is an Open Access (OA) platform, which does not impose any open access model on participating journals owned by universities, institutes and societies. Some of them raise funding from article processing charges ("author pays" model), while most are funded by the universities, institutes and societies which own them ("publisher pays" model).
Within the new service, Versita Open provides publishers with major e-publishing technology solutions such as MetaPress and Editorial Manager, rather than open source or internal systems.