Xerox Corp. and e-commerce software producer Reciprocal have announced the formation of the Xerox/Reciprocal e-Publishing Clearing Service (ePCS) a one-stop digital rights-management service. EPCS integrates Xerox's ContentGuard document protection and use-tracking software with Reciprocal's systems for rights clearing and payment tracking, to cover every aspect of electronic publishing, from document scanning to the sending of invoices to customers.
"By subscribing to EPCS," Matthew Moynahan, v-p, general manager for Reciprocal, explained, "publishers simply have to provide their content and define their business model; we do the rest." Ranjit Singh, Xerox senior v-p and general manager of Internet and Software Solutions, said, "Reciprocal and Xerox are driving the adoption of electronic distribution and sales for publishers, a market expected to be worth $3 billion within the next two years."
Xerox also announced at the same time that it is making an equity investment in Reciprocal, a privately held company headquartered in Buffalo, N.Y. The amount of the investment was not disclosed.
