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AZoM.com Pty. Ltd. of Australia and the Institute of Nanotechnology of Scotland have announced the December launch of the Online Journal of Nanotechnology (no web site yet). Quoting the press release: "The Online Journal of Nanotechnology is based on a free access publishing model, coupled with what is believed to be a unique development in the field of scientific publishing – the distribution of journal revenue between the authors, peer reviewers and site operators....The revenue received from the journal related advertising and sponsorship will be distributed according to the following general criteria: [1] Authors receive a revenue share of 50%. [2] Peer reviewers receive a revenue share of 20%. [3] The site administrators receive a revenue share of 30%. [4] This revenue share will apply throughout the on-line published life of the individual article or paper....Ottilia Saxl, CEO of the Institute of Nanotechnology commented, 'It is our hope that by adopting this publishing model we will ensure that the latest developments in nanotechnology are available to the widest possible global audience. For too long, access to money has been the key to access to knowledge. We hope to change this by making nanotechnology knowledge inclusive, not exclusive.' "
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