ACL announces the launch of Transactions of the Association for Computational Linguistics (TACL), a new ACL-sponsored journal that publishes papers in all areas of computational linguistics and natural language processing.

A key feature of TACL is that papers accepted for publication will be eligible for presentation at the ACL main conference. (Presentation is optional; authors do not have to present their papers at the conference).

The first submission date for the journal is May 1st, 2012. Full details of the journal can be found at www.transacl.org.

• TACL publishes conference-length papers, but has a journal-style reviewing process (for example, the option for an action editor to recommend the "revise and resubmit" category for a paper).
• Papers appearing at TACL are eligible for a presentation at the ACL main conference (thus the model combines the benefits of a journal, with the benefits of being able to present the work at a major conference).
• TACL accepts submissions all year around (the 1st day of each month is a submission deadline).
• TACL is committed to fast turnaround reviewing.

Michael Collins and Dekang Lin
Editors-in-Chief, TACL