The IAA will begin by using multi-spectral imaging technology developed by the US National Aeronautics and Space Administration to produce high-resolution images of the sometimes-faded texts that may reveal new letters and words.
They will then partner with Google to place the images online in a searchable database complemented by translation and other scholarly tools.
"Imagine a world where everybody with an internet connection is able to access the most important works of human history," Google's Israel R&D director Yossi Mattias said at the same press conference.
He said the project would build on similar efforts by Google to put the public domain material of several European libraries online.
Shor said the first images should be posted online in the next few months, with the project completed within five years.
"From the minute all of this will go online there will be no need to expose the scrolls anymore, and anyone in his office or (on) his couch will be able to see it," she said.
The 900 biblical and other manuscripts, comprising some 30,000 fragments, were discovered between 1947 and 1956 in the Qumran caves above the Dead Sea and photographed in their entirety with infra-red technology in the 1950s.