EDGAR Online and Money.net Deliver Next Generation Financial Screening Application
December 16 2008 - 11:00AM
PR Newswire (US)
NEW YORK, Dec. 16 /PRNewswire-FirstCall/ -- EDGAR(R) Online, Inc.
(NASDAQ: EDGR) and Money.net announced today that they have
collaborated to release a powerful new financial screening tool to
the market via the newly launched MarketScreen.com platform for
research and analysis. The new screening module was built using
components of EDGAR Online's I-Metrix product line and has been
bundled with MarketScreen.com to add increased new functionality.
MarketScreen.com is an advanced business intelligence platform of
data and analytical tools, which now includes stock screening with
access to quick and accurate XBRL-tagged financial statement data
from the EDGAR Online databases via an easy to use web interface.
"We understand how important powerful and efficient screening is
for users trying to find market opportunity and are excited to
introduce this latest version of MarketScreen.com to our customers
and prospects," said H.L. Van Arnem, Money.net CEO and Founder.
"Our users will experience the benefits of robust financial
screening and bring EDGAR Online's XBRL database to a new segment
of users." "Money.net has continued to impress us with their
understanding of market needs and their willingness to partner and
expand their product lines," said Philip Moyer, EDGAR Online
President and CEO. "The new MarketScreen.com represents a new level
of screening functionality and we are delighted to be working with
Money.net to further EDGAR Online's channel marketing efforts."
About Money.net Money.net Incorporated is a privately held Internet
financial technology company. Founded in 1998, Money.net has been
providing thousands of retail investors and institutions with
customizable, professional-grade, real-time information and
tracking applications. Money.net offers enterprise level streaming
and non-streaming solutions that include: real-time quotes, mobile
applications, advanced portfolio tracking, tick-by-tick charts,
wireless alerting and custom development services. Money.net also
owns MarketScreen.com and is based in New York, NY. 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, , for EDGAR Online,
Inc. Web Site: http://www.edgar-online.com/
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