EDGAR® ONLINE® APPOINTS DIRECTOR OF INVESTOR RELATIONS

SOUTH NORWALK, Conn. - March 3, 2005 - EDGAR® Online®, Inc. (NASDAQ: EDGR), a leading provider of value-added business and financial information on global companies to financial, corporate and advisory professionals, announced today that it has appointed Mike Frank to the position of director of investor relations.

Mr. Frank will be responsible for overseeing EDGAR Online's communications with investors and for the content of the investor relations portion of the company's Web site (www.edgar-online.com). He will also assist the company's sales group with selling EDGAR Online Pro and the company's new
I-Metrix™ suite of eXensible Business Reporting Language (XBRL) products. Mr. Frank will be based in the company's New York office.

For the past four years, Mr. Frank served as an independent investor relations consultant to a variety of small-cap companies, including EDGAR Online. He has been responsible for developing and executing financial communications strategies for his clients. Prior to that, Mr. Frank worked at an investor relations agency that helped some of the world's most valuable corporations improve their communications efforts.

Mr. Frank has also served in a business development capacity for two leading capital markets intelligence firms and has worked as an analyst at Prudential Capital Group and a broker at Morgan Stanley. He holds a Bachelor of Science degree in management science from Kean University and has passed the NASD Series 7, Series 63 and Series 31 licensing examinations.

Susan Strausberg, EDGAR Online's president and CEO, said, “We are excited to add Mike to the EDGAR Online team. Many of our current shareholders came to know us through his work as a consultant during the past several years. Mike's decision to join us full-time validates the direction the company has taken.”

Mr. Frank added, “EDGAR Online has a tremendous opportunity with their new I-Metrix suite of products. I am confident that these industry-changing XBRL products will enable analysts, accountants and other corporate leaders to make business decisions more effectively and at a reduced cost. I am excited to be part of the EDGAR Online team.”

About EDGAR® Online®, Inc.
EDGAR Online, Inc. (NASDAQ: EDGR), www.edgar-online.com, is a leading provider of value-added business and financial information on global companies to financial, corporate and advisory professionals. The company makes its information and a variety of analysis tools available via online subscriptions and licensing agreements to a large user base.

"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 our ability to (i) increase revenues, (ii) obtain profitability, and (iii) obtain additional financing, 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 acquisitions, 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.

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