EDGAR Online, PricewaterhouseCoopers in Agreement to Market XML Data from EDGARSCAN

Future XBRL Enhancements Expected

SOUTH NORWALK, CT, April 24, 2000 — EDGAR Online (NASDAQ: EDGR) and PricewaterhouseCoopers announced today they have signed an agreement that will give EDGAR Online the exclusive right to market the XML-based output of the popular EDGARSCAN software developed by PricewaterhouseCoopers.

EDGARSCAN, which is currently available only via the PricewaterhouseCoopers Web site (www.pwcglobal.com), is the state-of-the-art technology for parsing financial data from SEC documents filed by public companies. EDGARSCAN, for which PricewaterhouseCoopers has sought patent protection, is used by accountants, financial analysts, and other professionals to extract and analyze income statement, balance sheet and cash flow data from EDGAR documents. The agreement will enable EDGAR Online to create XML data feeds using EDGARSCAN and to sell the feeds directly to high volume users who want to use this data on their Intranets and for internal analytics.

XML (extensible markup language) is a Web-based system that uses tags to describe data. It is a common way for disparate information systems to exchange specific data over Web-based platforms. EDGAR Online and PricewaterhouseCoopers anticipate their agreement will be extended to include data using the XBRL (extensible business reporting language) standard for online financial reporting recently introduced by a consortium of more than 30 companies and financial organizations.

Commenting on the agreement, Susan Strausberg, CEO of EDGAR Online , said, “PricewaterhouseCoopers has, in EDGARSCAN, the best available solution to locating and extracting financial data from EDGAR documents. We believe that together we can bring this technology to the attention of a much broader audience, while at the same time creating the commercial features that will make it easier to use.”

“EDGAR Online provides PricewaterhouseCoopers with an expanded distribution channel and commercialization of our EDGARSCAN technologies that will lead to broader use of EDGARSCAN in the market," added Keith Wishon, Partner and Global ABAS CIO/CKO of PricewaterhouseCoopers. "This remarketing agreement of the parsed XML data feeds from EDGARSCAN is hopefully only the beginning of products that users might expect in this area.”

About EDGAR Online , Inc.

EDGAR Online, Inc. (http://www.edgar-online.com and http://www.freeedgar.com and http://www.ipo-express.com) is the leading business-to-business and Web-based provider of business, financial and competitive information derived from U.S. Securities and Exchange Commission data. Additional services include value-added functions like IPO Express, a service that provides easy-to-use, detailed information on IPO filings, pricings and performance, EDGAR Online People (http://www.edgar-online.com/people), a service that allows users to conduct research on corporate executive and directors, and EDGAR Online Personal, which provides real-time alerts, and other personalized advanced searches of SEC data.

Based in Norwalk, Connecticut, with offices in Kirkland, Washington and New York City, EDGAR Online, Inc. has over 50 business-to-business clients including Reuters (NASDAQ: RTRSY), Standard & Poor’s (NYSE: MHP) and ILX Systems as well as strategic relationships with over 175 portal, business and financial information Web sites including Yahoo! (NASDAQ: YHOO), Lycos, Inc. (NASDAQ: LCOS), Infoseek's GO Network (NASDAQ: SEEK), CNET's SNAP (NASDAQ: CNET), Alta Vista, a CMGI Company (NASDAQ: CMGI), PointCast, Infospace (NASDAQ: INSP), CBS MarketWatch (NASDAQ: MKTW), SmartMoney.com (NYSE: DJ), Business Wire, Track Data (NASDAQ: TRAC), and MSNBC Microsoft (NASDAQ: MSFT) and NBC/General Electric (NYSE: GE). For more information, please visit the Company’s Web site at http://www.edgar-online.com/news.

About PricewaterhouseCoopers LLP

PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest professional services organization. Drawing on the knowledge and skills of more than 150,000 people in 150 countries, the organization helps clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance in an Internet-enabled world. PricewaterhouseCoopers refers to the member firms of the worldwide PricewaterhouseCoopers organization.

"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.

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