EDGR Edgar Online, Inc. (MM)

NEW YORK, Dec. 11 /PRNewswire-FirstCall/ -- EDGAR(R) Online, Inc. (NASDAQ: EDGR) and Zephyr Financial Intelligence today announced a strategic alliance that will bring a suite of XBRL 2.0 analytical tools to market. Through this relationship, Zephyr will design, build and deliver a full range of custom analytical tools powered by EDGAR Online's robust database housing over 10 years of financial statement data in XBRL format from 12,000+ companies. "EDGAR Online's unparalleled XBRL data and Web-based platform enables us to build state of the art solutions for our clients," said Bryan Feinberg, CEO of Zephyr. "XBRL is actually an enabling technology for all investors - from the person who dabbles in the capital markets through their 401K plan to the analyst who works at the equities desk for an institutional investment company. XBRL allows users to slice and dice data as they choose and holds the potential to unleash new views of risks and opportunities to the user." "We're excited by Zephyr's keen understanding of analytics and their flexible delivery platform, Zephyrnet, as a scalable solution for investors of all types," said Sue Childs, Chief Marketing Officer, EDGAR Online. "With the data that EDGAR Online offers, there really are no limits to the types of applications that can be powered by XBRL. We've remained platform agnostic by offering our XBRL data to anyone offering a quality application to the market. Zephyr has developed a new generation of financial intelligence and is sure to be a rising star." Zephyr Financial Technologies, http://www.zephyrnet.com/about, is an Israeli based startup and Member of the XBRL.org Consortium. Contact information for Zephyr: . 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: T. David Colgren of Colcomgroup, Inc., +1-917-587-3708, or Web Site: http://www.edgar-online.com/ http://www.zephyrnet.com/about

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