Shares of Derycz Scientific jumped early Tuesday after the company announced a contract with the federal government’s General Services Administration.
Based in Santa Monica, Derycz manages reprints and electronic rights to articles for the publishers of academic and scientific journals. The company sells electronic or paper copies of articles to corporations, universities and government agencies for research, marketing or training purposes.
Under the GSA contract, Derycz will provide full-text retrieval of articles to the Environmental Protection Agency’s Office of Research and Development.
The contract will be managed by a Derycz subsidiary named Reprints Desk.
By midday, shares of Derycz traded for $1.30, a gain of 10 cents or 8 percent on the over-the-counter market.