ROCKVILLE, Md., Nov. 3, 2011 /PRNewswire/ -- EDGAR®
Online, Inc. (NASDAQ: EDGR), a leading global provider of
XBRL (eXtensible Business Reporting Language) software, services
and data, today announced the appointment of Gregory Carter to the position of chief
technology officer (CTO). Carter -- who has more than 20 years
experience in software design, development and implementation –
will be responsible for setting the product, technology and
operational vision for EDGAR Online and will serve as a member of
the company's operating committee.
"Greg has built his career on the belief that successful
software companies come not just from technology, but from the kind
of customer-focused principles that create revenue and spur repeat
business," said Robert J. Farrell,
president and CEO of EDGAR Online. "We expect that Greg's
experience in customer research, technology and product development
will help shape EDGAR Online's strategy and drive revenue through
existing and new products and offerings."
Prior to joining EDGAR Online, Carter was the CTO and executive
vice president of product development at Metastorm, a global
provider of business process management software and solutions,
where he grew the company from a start-up to an established firm
with revenues of $75 million. Prior
to Metastorm, Carter held positions at the International Monetary
Fund, Software Systems Group and PCDOCS.
"This is an exciting time at EDGAR Online, as the company
positions itself to leverage its well-established information
sharing foundation to offer a variety of data-focused solutions
that will ultimately help people and institutions analyze
information to make better informed decisions," said Carter. "I
look forward to working with the talented team in place at EDGAR to
leverage the company's technology assets in the expanding market
for disclosure, governance and risk analysis data and
solutions."
About EDGAR Online
EDGAR Online (NASDAQ: EDGR) is a leading global provider of XBRL
data, software and services solutions that improve the flow of
business information. The company's integrated portfolio of
products and services for global enterprises help customers create,
deliver, analyze and use quality information. Thousands use the
company's solutions, including U.S. public companies, mutual funds,
leading financial analysts and institutional investors, as well as
global regulators such as the FDIC, Banque de France and the U.S. Securities and Exchange
Commission. The company delivers its solutions, including UBmatrix®
XBRL software solutions, through an extensive network of partners,
including LexisNexis®, NASDAQ OMX, Oracle, PR Newswire, RR
Donnelley and SAP. To learn more about EDGAR Online, visit
www.edgar-online.com.
Use of Forward-Looking Statements
This press release may contain forward-looking statements.
These statements relate to future events or to future
financial performance and may include, without limitation,
statements regarding our future growth prospects, future demand for
our XBRL products/services and future innovations in our data and
solutions and subscriptions businesses. These forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause our actual results, levels of activity,
performance, or achievements to be materially different from any
future results, levels of activity, performance, or achievements
expressed or implied by these forward-looking statements. In some
cases, you can identify forward-looking statements by the use of
words such as "may," "could," "expect," "intend," "plan," "seek,"
"anticipate," "believe," "estimate," "predict," "potential," or
"continue" or the negative of these terms or other comparable
terminology. You should not place undue reliance on
forward-looking statements because they involve known and unknown
risks, uncertainties and other factors that are, in some cases,
beyond our control and that could materially affect actual results,
levels of activity, performance, or our growth strategy. For
further information about the factors that could affect EDGAR
Online's future results, please refer to our filings with the
Securities and Exchange Commission. We assume no obligation
to publicly update or revise these forward-looking statements for
any reason, whether as a result of new information, future events,
or otherwise.
EDGAR® 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.
SOURCE EDGAR Online, Inc.