With support from the Swedish Library Association, the Directory of Open Access Journals and the e-Depot of the National Library of the Netherlands will preserve open access journals.
Here's an excerpt from the press release:
Long-term preservation of scholarly publications is of major importance for the research community. New formats of scholarly publications, new business models and new ways of dissemination are constantly being developed. To secure permanent access to scientific output for the future, focussed on the preservation of articles published in open access journals, a cooperation between Directory of Open Access Journals (DOAJ—www.doaj.org), developed and operated by Lund University Libraries and the e-Depot of the National Library of the Netherlands (www.kb.nl/e-Depot) has been initiated.
The composition of the DOAJ collection (currently 4000 journals) is characterized by a very large number of publishers (2.000+), each publishing a very small number of journals on different platforms, in different formats and in more than 50 different languages. Many of these publishers are—with a number of exceptions—fragile when it comes to financial, technical and administrative sustainability.
At present DOAJ and KB carry out a pilot project aimed at setting up a workflow for processing open access journals listed with DOAJ. In the pilot a limited number of open access journals will be subject to long term preservation. These activities will be scaled up shortly and long term archiving of the journals listed in the DOAJ at KB’s e-Depot will become an integral part of the service provided by the DOAJ.