EDGAR® Online® STRENGTHENS MANAGEMENT TEAM

Company Adds Four New Executives

South Norwalk, CT - March 4, 2004 - EDGAR® Online®, Inc. (Nasdaq: EDGR) -- a financial information company specializing in making complex regulatory reporting by public companies actionable -- today announced several significant additions to its management team in the areas of technology, sales and marketing and product development.

EDGAR Online has hired two new executives and has promoted two existing employees to executive-level positions to boost the company's management depth and expand the company's product offerings for both core customers -- professionals in the financial services market -- and new target audiences.

CEO and President of EDGAR Online Susan Strausberg said, "By focusing on functional areas and hiring these seasoned management professionals we are well positioned to more quickly take advantage of a terrific growth opportunity, better serve our customers and expand our customer base. We welcome our new executives and are delighted they have joined our team."

Company Adds Two New Executives

Formerly serving on the company's board of directors, Stefan Chopin, a 20-year veteran of the financial services industry, has been appointed chief technology officer. Chopin will focus on further accelerating the time to market of new products by managing the company's outstanding team of developers. Chopin has served as president of Pequot Group Inc., a technology development company for the financial services industry. Previously, Chopin was senior vice president of technology for iXL Enterprises, Inc., an e-business solutions provider. Prior to joining iXL, Chopin was the founder and president of Pequot Systems, a software development and consulting firm (in October 1998, Pequot was acquired by iXL Enterprises, Inc.). Chopin also served as the Vice President of Engineering for Micrognosis, Inc., a leading provider of trading room systems.

In addition, Doug Richardson has joined the company as executive vice president of sales and marketing. Richardson will oversee sales, marketing and product development of the company's flagship EDGAR Online Pro subscription service and its EDGAR Online Explorer data application for the institutional marketplace. Richardson was formerly senior vice president of sales and business development for Accendo Strategies LLC, a provider of strategic marketing services. Prior to Accendo, Richardson held sales positions at Ernst & Young and Codexa Corporation. He also served as vice president of real-time services at NewsEdge, a leading provider of content and global news solutions and as a team leader, strategic accounts at Reuters America. He holds a B.A. from Union College.

Company Promotes Two Staff Members

Deb Doane has been promoted to the position of vice president of product marketing. Doane helped lead product management and marketing since she joined EDGAR Online in 1999, with specific responsibilities of developing and growing the EDGAR Online Pro subscription service. Prior to EDGAR Online, Doane held product, marketing and finance positions at Reuters including product line manager at Reuters New Media. Prior to Reuters, Doane directed financial aid programs at Columbia University and Simmons College. She holds a M.B.A. from Columbia University, a master's of education, administration planning and policy from Harvard University and a B.A. from the University of Rhode Island.

Liv Watson now assumes the position of vice president of XBRL (eXtensible Business Reporting Language) Initiatives. Watson joined EDGAR Online as director of XBRL in 2000, representing EDGAR Online in the XBRL consortium and advising the company on adopting the XBRL data standard. She is also the XBRL U.S. liaison Committee co-chair and a board member of the Indiana Technology Partnership (ITP). Prior to EDGAR Online, Watson was a managing partner with Gaither Technologies LLC, a division of Gather Rutherford (an alliance firm of BDO Seidman). She regularly speaks about XBRL to international standards bodies, conferences and Fortune 500 companies and has authored the book "Accounting System Technology for the 21st Century" published by the Institute of Management Accounting. She holds a B.S. in accounting from Saint Mary of the Woods, Ind.

About EDGAR® Online®, Inc.
EDGAR Online, Inc. (http://www.edgar-online.com) is a financial information company specializing in making complex regulatory reporting by public companies actionable and easy-to-use. The company makes financial information and a variety of analysis tools available via online subscriptions and licensing agreements to professionals in financial institutions, corporations and law firms.

"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. EDGAR Online is a product of EDGAR Online, Inc.

To Top