Business Wire and EDGAR Online in Agreement to Promote EDGARit and EDGAR Online Pro Products

SAN FRANCISCO - March 20, 2003- Business Wire and EDGAR Online, Inc. (Nasdaq: EDGR) have entered into a cross-marketing agreement that provides Business Wire members with the opportunity to receive a one-year subscription to EDGAR Online Pro, the premier desktop application for retrieving and analyzing corporate filings from the SEC's EDGAR database, it was announced today.

Targeted specifically to the investor relations community, the joint marketing campaign focuses on EDGARit, Business Wire's electronic filing service that seamlessly converts material news releases and other regulatory documents into either ASCII or HTML format before posting to the EDGAR archival database and EDGAR Online Pro, EDGAR Online's flagship desktop service with real-time access to more than 2 million SEC filings, with advanced search tools and functionality.

EDGARit is a full-service, state-of-the-art conversion process that is capable of handling the full range of statutory filings, including 8-Ks, 6-Ks, 10-Qs, 20-Fs, and 10-Ks. Since EDGARit's launch in November 2001, Business Wire has successfully transmitted more than 1,000 EDGAR filings-the most in the commercial news industry. Business Wire also is the only industry service provider that maintains a dedicated EDGAR desk, ensuring a one-step, streamlined and secure disclosure solution.

Under the terms of the arrangement, corporate financial executives and communications professionals responsible for disclosure compliance will be targeted in a direct mail initiative.

Respondents who seek additional information about EDGARit will receive a complimentary three-month subscription of EDGAR Online Pro, the choice of financial professionals. Companies that use EDGARit at least once to fulfill their filing obligations before June 13, 2003 will receive a full 12-month single access pass to EDGAR Online Pro, a $600 value.

"We're very excited to be offering this joint promotion," said Cathy Baron Tamraz, Business Wire president. "It provides companies with the opportunity to learn how EDGARit can seamlessly solve their disclosure needs at a price point well below most other service providers. With Sarbanes-Oxley requiring companies to electronically furnish news releases to the SEC via Form 8-K effective March 28, EDGARits's 8-K combo pack is a convenient and cost-effective answer for companies still wrestling with compliance logistics."

"EDGAR Online is pleased to be working with Business Wire, an established leader in the investor relations industry. Investor relations and other corporate financial executives are a critical constituency for our services and we look forward to advancing EDGAR Online Pro into this market with this joint promotion," said Susan Strausberg, CEO and President of EDGAR Online, Inc.

ABOUT BUSINESS WIRE
Business Wire was founded in 1961 by its chairman/CEO, Lorry I. Lokey, veteran journalist and public relations executive. Business Wire's multi-channel delivery network provides real-time, simultaneous access to key audiences--the news media, trade publications, institutional and individual investors, business-to-business decision-makers and consumers.The company electronically disseminates some 1,000 full-text news releases daily to the news media, the Internet, online services and databases, and the global investment community. Business Wire has network access to some 60 international and national news agencies, financial information providers, and Web-based news services throughout North America, Europe, Asia, Latin America, the Middle East and Africa. Business Wire has 26 U.S. offices, plus Frankfurt, London and Brussels offices, and reciprocal offices worldwide.

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 and law firms.

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