Wolters Kluwer NV
amsterdam : WLSN

September 06, 2011 05:06 ET

Meeting Chinese IP Law Demands with Agreement between Wolters Kluwer and Commercial Press

BEIJING, CHINA--(Marketwire - Sep 6, 2011) -

Further to Wolters Kluwer's presence at the 2011 Beijing International Book Fair, Wolters Kluwer and Commercial Press, the renowned Chinese publisher dedicated to introducing foreign law and regulations in China, signed an agreement on the Mandarin version of a series of IP law titles from Wolters Kluwer Law & Business. The publishing agreement aims to support the rising intellectual property rights (IPR) demands by lawyers in China, and is the next step of Wolters Kluwer in serving the Chinese legal community to better respond to the impact of protecting IPR in the country.

China's understanding of the critical importance of IPR protection needs has soared. This is demonstrated by increased litigation and the volume of patent applications. The series of publications focuses on a range of global IP issues, such as software and internet law, IT law, and global copyright. This reflects China's dual interests in protecting its IP assets as well as complying with the global regulatory framework for protection of non-Chinese assets in the China territory.

The agreement was signed during the 2011 Beijing International Book Fair by Ms. Stacey Caywood, CEO of Wolters Kluwer Legal & Regulatory and Mr. Yu Dianli, President of Commercial Press. It is a continuation of the collaboration started only a year ago, which has already resulted in the launches of a Chinese translation on European labor law and English-language offerings of influential Chinese legal titles to Chinese national and international customers.

"I am very pleased that we are able to extend our strategic partnership with Commercial Press to continue to provide high-quality, global legal content and international intellectual property information to our customers in China," said Stacey Caywood. "Our shared experience in providing expert solutions to legal academia and professionals, globally and locally, will be able to bring value to our customers by providing insight into how to navigate challenging aspects of dispute resolution in a global context."

"This cooperation demonstrates our long-term commitment to China to bring our publications forward at a global level, and is also a significant step and a key action that we are undertaking with Wolters Kluwer to draw a wealth of global legal and regulatory content translated into Chinese," said Yu Dianli, President of Commercial Press.

Furthermore, the two partners also agreed upon a publishing cooperation that is aimed to develop more titles for law practitioners in China and the broader non- Chinese markets. The close partnership is evidence of the shared efforts to leverage experiences and resources to expand translations of international publications in Mandarin as well as develop future opportunities to bring translated Chinese legal and regulatory content into the international legal community to meet the needs of law practitioners best.

About Wolters Kluwer Legal & Regulatory

Wolters Kluwer Legal & Regulatory, a global division ofWolters Kluwer, a market- leading global information services company with annual revenues (2010) of EUR3.6 billion and approximately 19,000 people, serves professionals in the areas of law, business compliance, and other regulatory specialty practice areas. These professionals rely on Wolters Kluwer's leading information tools, software solutions, and services to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.

Wolters Kluwer Legal & Regulatory had 2010 annual revenues of EUR1.5 billion, has approximately 8,000 employees worldwide, and serving customers globally from operations across Europe, North America, and Asia Pacific.

Part of the offering of the Wolters Kluwer Legal & Regulatory division inChina are strongly represented by CCH China that since 1985 has been the first and largest provider of bilingual regulatory information of China serving the Chinese professionals in the public and private practices, businesses, government and universities, with headquarters in Beijing.

About Commercial Press

Established in 1897,Commercial Press is China's first print publisher dedicated to the translation and introduction of foreign laws and regulations since the commercialization of the publishing industry. Their development over a century has made Commercial Press a long-standing, renowned print publisher in the area of humanities and social sciences. Commercial Press is also a highly- recognized imprint among legal academia and professionals.

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Forward-looking Statements

This press release contains forward-looking statements. These statements may be identified by words such as "expect," "should," "could," "shall," and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward- looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

PDF version of Press Release: http://hugin.info/130682/R/1544271/473230.pdf

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Source: Wolters Kluwer NV via Thomson Reuters ONE


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