Wiley acquires InfoPOEM, Inc.

10/06/05

John Wiley & Sons, Inc. (NYSE:JWa) (NYSE:JWb), announced today that it has acquired InfoPOEM, Inc., a leading provider of evidence-based medicine (EBM) content and web-based search tools, based in Charlottesville, VA.

EBM facilitates the effective management of patients through clinical expertise informed by best practice evidence that is derived from the medical literature. Founded in the early 1990s, InfoPOEM, Inc. [http://www.infopoems.com/index.cfm] delivers daily email summaries of medical evidence and provides a web-based software tool, called InfoRetriever, that enables access to EBM resources at the clinical point-of-care.

"The future of clinical practice is evidence-based medicine and InfoPOEM has strong brands in the high-growth market for point-of-care EBM solutions," said Shawn Morton, Wiley Vice President and Publishing Director, Medicine. "Through this acquisition Wiley will provide an integrated content and tool offering that enhances the quality of medical care."

The acronym POEM stands for "Patient-Oriented Evidence that Matters." POEMs are selected from over 100 leading peer-reviewed medical journals and chosen on the basis of unique and reproducible criteria developed by the company's founders. InfoRetriever allows physicians to easily and quickly look up this and other evidence to support medical decision-making at the point-of-care via desktop computers and Personal Digital Assistants (PDAs) including devices using both the Palm and Pocket PC operating systems.

Keith Hume, President and CEO of InfoPOEM, said "I cannot imagine a better home for our company. My partners and I are confident that Wiley's global editorial, sales, and marketing expertise will create many additional opportunities for InfoPOEM's products."

Source: Eurekalert & others

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