The University of Missouri System announced Thursday that the University of Missouri Press will be phased out during the fiscal 2013 year. Officials cited the difficulty of providing financial support for the press, which currently receives a $400,000 annual subsidy. A spokeswoman said that the university was studying its contracts with authors whose books have been signed by the press, but whose works have not yet been published. In recent years, the press has attempted to cuts costs through a variety of measures (including layoffs) but savings were not sufficient, the university statement said. Numerous staff members at the press did not respond to calls seeking comment. Several presses have closed or suspended operations in recent years.