[Vision2020] CAXTON PRESS STEPS FORWARD WITH MANAGEMENT ALTERNATIVE FOR UI PRESS

[thansen@moscow.com]

Caxton Press of Caldwell has stepped up with a proposal to help preserve 
the UI Press and still allow the UI to realize the operational savings 
necessary to help address its budget challenge. Linda J. Morris, interim 
associate vice provost, said UI is finalizing negotiations with Caxton Press 
publisher Scott Gipson, who with his family owns and operates Caxton Printers 
Ltd. in Caldwell, the parent company of Caxton Press. "This is a win-win 
situation for both the UI and Caxton Press," Morris said. "Scott's offer 
provides a way to preserve the intellectual property of the UI Press and our 
relationship with authors and customers, and at the same time, allows the 
university to realize savings in operations and prevent further deficits." 
UI began working in late February to close the press in an effort to end 
increasing deficits projected to reach $385,600 by the end of June. It will 
proceed with plans to close all UI Press operations on the Moscow campus. 
Gipson's proposal calls for combining the book lists of the two presses to 
"maximize the return on investment on the inventory that the university 
already has on hand as well as preserving the long-term value of the 
intellectual property rights that the university has accumulated through 
the operation of the press."  "Perhaps, most importantly, we can do this 
and keep the University Press 'intact,'" wrote Gipson, who earned both his 
bachelor's degree in 1990 and his law degree in 1993 at UI. "The inventory, 
property rights and the name can be kept in a package that could be 
resurrected at a later date if the budget situation allows it. You can save 
the costs of the operation of the press while avoiding the necessity
of a fire sale that will effectively destroy the press forever." 

To read the entire article, go to: 
http://www.today.uidaho.edu/details.asp?id=2534&sctn=news


---------------------------------------------
This message was sent by First Step Internet.
           http://www.fsr.net/