physlord writes "There is another initiative to open access publishing in mathematics.
Sir Timothy Gowers published at
his google plus account:
'[a] new initiative — a platform that is due to come online in April — that will, if successful, make it easy to set up
arXiv overlay journals. I think it stands out from other, similar-sounding initiatives because it seems to have serious
institutional back-up and funding and is intended specifically for mathematicians'. Also, there is a post in his
why he has also joined the good guys
Terence Tao showed it's support to the project in his a post on google plus: 'Like Tim, I am on the scientific committee for this project, and will likely end up as an editor for one or more of its journals when it launches in April'.
So, good news everyone!. Seems a really serious initiative and the commitment of two well known mathematicians certainly adds some extra credibility to the project."