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For outstanding contributions to professional associations, to the education of acquisitions professionals, and to the advancement of the profession. Dr. Karen Schmidt has made an exceptional contribution to the research literature in both acquisitions and collection management. Colleagues write that no other acquisitions librarian has done more to advance the education of acquisitions librarianship. Karen has served as a mentor for countless acquisitions librarians throughout the United States. Her participation in association committees, and outstanding publishing record demonstrates she is committed to research, scholarship, and furthering of the profession into the 21st century.