EDGAR Online Expresses Support for SEC's New Proposed Corporate Disclosure Rules

South Norwalk, CT - February 14, 2002 - EDGAR Online, Inc. (Nasdaq: EDGR) today announced its support for the U.S. Securities & Exchange Commission's new proposed corporate disclosure rules that were issued yesterday. EDGAR Online is a leader in the business information industry, specializing in the extraction, packaging and distribution of public company information contained in SEC filings.

"With the Commission's EDGAR database already both the envy and the model for any other country that wishes to have a fair and open market, these proposals will take the EDGAR system to a new level of relevancy by making corporate disclosure faster, fuller and fairer," said Susan Strausberg, CEO of EDGAR Online, Inc. "As a financial information company specializing in SEC EDGAR data, we look forward to the positive role we can play in the dissemination of this data to our many customers."

Once part of the EDGAR database, private sector companies like EDGAR Online, that specialize in building real-time financial information products from this data, assure a wide and timely dissemination.

Not only does EDGAR Online build and sell these products to the financial, corporate and legal markets, it assures even broader distribution via its own public Web sites (FreeEDGAR www.freeedgar.com and EDGAR Online www.edgar-online.com) and data it provides to financial information companies and Internet portals such as Reuters and Yahoo! Finance.

About EDGAR Online, Inc.
EDGAR Online, Inc. (www.edgar-online.com) is a leader in the business information industry, specializing in the extraction, packaging and distribution of public company information contained in SEC filings. Based in Norwalk, Connecticut, with offices in Maryland and New York City, the company sells subscription products, data and services to financial institutions, corporations, law firms and Internet portals.

"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. EDGAR Online, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by EDGAR Online, Inc. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the online business and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, risks in connection with our recent acquisition and other acquisitions which we may consummate in the future, the time and expense involved in such development activities, the level of demand and market acceptance of our services and changes in our business strategies.

EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission (SEC). EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission. EDGAR Online is a product of EDGAR Online, Inc.

To Top