Research Solutions, Inc. Announces Executive Changes
March 29, 2021 at 08:35 am EDT
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Research Solutions, Inc. announced that Peter Derycz transitioned to Executive Chairman and Chairman of the Board, effective March 29, 2021. Roy W. Olivier, will serve as Interim President while the Board of Directors conducts a search for a permanent replacement. Mr. Derycz, who founded the Company in 2006, will remain highly involved in strategy, product development and business development in his role as Executive Chairman and Chairman of the Board. John Regazzi will step down from his current role as the Chairman of the Board but will continue to serve as the Lead Independent Director. Mr. Olivier joined the Board in 2018. Previously, he served as president, CEO, and board member of ARI Network Services.
Research Solutions, Inc. is a holding company. The Company provides two service offerings to its customers: a cloud-based software-as-a-service (SaaS) research platform (Platforms) typically sold through annual auto-renewing license agreements and the sale of published scientific, technical, and medical (STM) content sold as individual articles (Transactions) through the Platform. Its cloud-based SaaS research platform consists of proprietary software and Internet-based interfaces sold to customers for an annual subscription fee. Its platform allows customers to initiate orders, route orders for the lowest cost acquisition, manage transactions, obtain spending and usage reporting, automate authentication, and connect to in-house and third-party software systems. Customers can access the Platform through online Web interfaces and through Web service APIs that enable customers to leverage Platform features and functionality from within in-house and third-party software systems.