The first part of the paper identifies disadvantages of first generation Web publishing solutions that have to be overcome for professional publication providers. Using Hyper-G for distribution of electronic documents opens the way to the first fully-integrated professional publishing solution on the Web. User and group access rights as well as billing mechanisms are integrated into the server, links are bidirectional and annotations to existing documents are possible without changing the contents of documentsi themselves. Hyperlinks are supported in arbitrary document types besides hypertext which opens the way to new publishing paradigms beyond the paper-based approach. Naturally, a rich set of structure and search mechanisms is provided. On this basis, a set of tools has been developed that almost fully automatically supports electronic refereeing, automatic hyperlink creation, glossary links and table of contents generation. All the data prepared on a Hyper-G server can then be simply exported to CD-ROM, allowing hybrid Web/CD-ROM publications to be created without any additional effort.