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Your Society has had significant accomplishments in the months
following our last Annual Meeting. Often with organizations such
as ours, the work behind the scenes doesn't get much notice, but
the generous time and resource commitment of individuals is worthy
of note as this set of remarks is going to press.
After considerable evaluation, debate, and effort, the SIVB Board
has decided to publish both of our journals with one major publishing
house, Springer (See www.springer.com
), starting in January 2007. Springer publishes more than 1,200
journals in the sciences, technology, and medicine sector, and the
key immediate change will be broader distribution of our journals
to libraries and better attention to marketing. The agreement includes
full editorial control by SIVB, guaranteed annual revenues, a $30,000
sign-on bonus, editorial office support, and first-year special
marketing allocation of $25,000 above general marketing support.
I want to thank the Publications Committee for their effort, and
particularly Michael Horn who has managed the process to find a
new publisher. Springer's stated goal is to increase each journal's
impact factor by 1.0 over the four years of our contract, and the
addition of truly professional marketing will keep our journals
as a standard of excellence and help us to build upon their current
On a related issue, the SIVB Board has earmarked the sign-on bonus
to be added to investments and NOT to be part of balancing our budget
either this year or next. This action was only possible because
the SIVB has stayed within a balanced budget for the first time
in many years under the current Board's new policies, and we were
able to reverse prior draw-downs from the reserves. Again, the key
individuals in making sound fiscal policy have been the Executive
Committee (Nancy Reichert, Paul Price, Marietta Ellis, and me);
our Treasurer, Richard Heller; and Vice President, David Songstad.
This team is also working hard to make next year's meeting and SIVB
Our education initiatives have been a great source of pride in
the unique characteristics of our Society. With more than 100 students
attending our Annual Meeting for each of the last two years, SIVB
has shown its commitment to the stated mission of our organization.
I can also announce that Land O'Lakes, Inc. is the most recent corporate
contributor with a grant of $10,000, joining UST Inc. and others
to help new professionals find the means to participate in meetings.
Again, some of the key people have been David Songstad, Dennis Laska,
and Mark Jordan who are organizing the meetings well in advance
to assist the development effort.
Additionally, SIVB will hold elections at the end of 2005, and
we can all be pleased that many fine individuals have made the commitment
to run for office, and to serve if elected by the membership. Special
thanks go out to all candidates, but I also wish to thank Delia
Bethell for agreeing to serve as Chair of the Ad Hoc Committee to
put together the slate on short notice. I encourage everyone to
consider the candidates' statements and record, and then to participate
by voting when the materials arrive in the mail.