Redesigned EDGAR Online Web Site Spotlights XBRL Solutions for Investors, Analysts, Regulators and Business Executives
October 23 2008 - 10:00AM
PR Newswire (US)
NEW YORK Oct. 23 /PRNewswire-FirstCall/ -- EDGAR(R) Online, Inc.
(NASDAQ: EDGR) announced today that it has completely overhauled
and launched a new customer-focused corporate Web site. The site,
http://www.edgar-online.com/, was strategically re-crafted to
better meet the needs of its current and prospective customers and
investors. Newly featured on the site are EDGAR Online's XBRL
capabilities, including open access to the Company's own
XBRL-formatted financials and links to allow other companies to see
their own financials in XBRL. "We are particularly excited about
the addition of our own financials tagged in XBRL to the site -
we've done this in advance of the anticipated SEC mandate for
public companies to file in XBRL and also post those financials on
their own Web sites," said Philip Moyer, CEO, EDGAR Online, Inc.
"Our XBRL pages not only give investors, analysts and others
immediate access to XBRL-tagged financial information but also
showcase just one of the ways we can help companies with their own
XBRL. Visitors can also link directly from our new corporate site
to TryXBRL.com to view their own XBRL-tagged financial statements
and we encourage all public companies to do so and become more
educated about how they can get started with XBRL." The new site
includes easier-to-find, expanded and more detailed information
about EDGAR Online's products and services. Centrally featured is
the Company's unique XBRL expertise, including its capabilities to
create, store, disseminate and view XBRL data. The Company has also
made it easier to compare the features and prices of its
subscription products and purchase online. Product pages include
detailed data sheets, product overviews and free downloadable white
papers. Added Moyer, "As a technology company that interacts
heavily with customers and prospects through our Web site, we must
ensure that our content is optimally organized so that they can
find what they want quickly and easily. As a regular part of our
quality review process, we survey users about the effectiveness of
our Web site. The enhanced site reflects the feedback from our
customers." About EDGAR Online, Inc. EDGAR Online, Inc.
(NASDAQ:EDGR) is a leader in the distribution of company data and
public filings for equities, mutual funds and a variety of other
publicly traded assets. We deliver our information products
directly to end users via online subscriptions and data licenses,
and to redistributors who embed our content in their own and their
clients' Web sites. Our proprietary automated systems allow for the
rapid conversion of data and we are a pioneer and leader in the
global financial reporting standard--eXtensible Business Reporting
Language, otherwise known as XBRL. We use our automated processing
platform and our expertise in XBRL to produce both datasets and
tools and to assist organizations with the creation, management and
distribution of XBRL financial reports. For more detailed
information on all of our businesses or to contact us please visit
our Web site at http://www.edgar-online.com/. Use of
Forward-Looking Statements This press release may contain
"forward-looking statements" as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Readers are cautioned not
to place undue reliance on these forward-looking statements and any
such forward-looking statements are qualified in their entirety by
reference to the following cautionary statements. All
forward-looking statements speak only as of the date of this press
release and are based on current expectations and involve a number
of assumptions, risks and uncertainties that could cause the actual
results to differ materially from such forward-looking statements.
Readers are strongly encouraged to read the full cautionary
statements contained in EDGAR Online's filings with the SEC. EDGAR
Online disclaims any obligation to update or revise any
forward-looking statements. EDGAR(R) is a federally registered
trademark of the U.S. Securities and Exchange Commission. EDGAR
Online is not affiliated with or approved by the U.S. Securities
and Exchange Commission. DATASOURCE: Edgar Online, Inc. CONTACT:
David Colgren, Colcomgroup, Inc., +1-917-587-3708, Web Site:
http://tryxbrl.com/
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