EDGAR® Online's I-Metrix Enhanced to Further Leverage Power of Interactive Data as Supported by SEC
Includes Earnings Estimates for Use by Analysts
SOUTH NORWALK, Conn. -- March 27, 2005 -- EDGAR® Online, Inc. (NASDAQ: EDGR), announced a new release of its I-Metrix Professional product today. Version 1.5 includes functionality and content that facilitates greater in-depth research of companies and industries. I-Metrix provides accurate, timely and detailed XBRL financial information on US companies to analysts, advisory firms and financial services institutions.
"We're encouraged by the SEC's continued support of XBRL and interactive data in public company financial reports," said Susan Strausberg, CEO of EDGAR Online. "Every day the public becomes more aware of XBRL as a viable solution to help both companies and investors make smarter financial decisions. EDGAR Online is the leader in this initiative, having built our own XBRL tagged database for US public company financial statements. I-Metrix delivers the power of interactive data today. There's no more waiting-game."
By utilizing I-Metrix, professionals can benefit from this technology to analyze and benchmark companies' performance in the most granular manner possible.
"The power of interactive data for financial analysis is enormous and tools that capitalize on this data deliver immediate value to anyone who analyzes companies and industries for a living," said Yossi Newman, a Senior Manager working on XBRL at Deloitte in New York.
Included in the new release are earnings estimates, revisions and trends, analyst recommendations, sales estimates, expected dividends information, historical EPS perspective, and estimated long-term growth rates for a company, its industry and the S&P 500.
In addition, the new version of I-Metrix Professional includes the ability to screen for companies by industry, sector, SIC and/or trading exchange and to open XBRL documents from other sources.
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.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in RR Donnelley's and EDGAR Online, Inc.'s filings with the SEC. RR Donnelley and EDGAR Online, Inc. disclaim any obligation to update or revise any forward-looking statements.
MEDIA CONTACT
T. David Colgren
Colcomgroup, Inc.
646 536 5103
dcolgren@colcomgroup.com
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