PeerJ has issued a press release about its open access publishing services.
Here's an excerpt:
PeerJ Inc. (http://peerj.com), a new Open Access academic publishing company, formally announced itself today. Founded by seasoned academic publishing and technology professionals from PLoS ONE and Mendeley, PeerJ will publish a broad based, rapid, peer-reviewed journal ('PeerJ') and an innovative preprint server ('PeerJ PrePrints'). PeerJ will open for submissions in Summer 2012, and will publish its first articles in December 2012. . . .
PeerJ will publish all well reported, scientifically sound research in the Biological and Medical Sciences. The journal will operate a rigorous peer review process and will deliver the highest standards in everything it does. . . .
Unique among academic publishers, PeerJ provides authors with low cost lifetime memberships giving them the rights to publish their papers freely thereafter. Three membership plans exist—Basic, Enhanced and Investigator. All member plans confer lifetime rights, and the three tiers allow members to publish once, twice, or an unlimited number of times per year in PeerJ. Each author on a paper must be a member and the Basic membership plan is just $99.
Read more about it at "Scholarly Publishing 2012: Meet PeerJ."