FreeEDGAR Introduces Free Full Text Search Tool

SOUTH NORWALK, CT, May 1, 2000 – FreeEDGAR.com, the most heavily used free SEC EDGAR document retrieval service, today announced it now offers users FreeEDGAR Full Text Search, its state-of-the-art information screening tool enabling keyword and concept identification within the EDGAR database. The Web site is owned and run by EDGAR Online, Inc. (NASDAQ: EDGR).

The service lets users quickly construct and execute sophisticated searches of all SEC EDGAR filings. It operates with powerful search limiting or search-expanding terms. These include: “AND,” “OR” and “NOT” (e.g., “accounting AND fraud” to capture documents that contain both words; “bankruptcy OR failure OR default“ to expand a search for distressed company disclosures; “consolidation NOT merger” to limit the yield of search for material dealing with consolidation in its broadest sense. For more examples, please see: http://www.freeedgar.com/search/ftsexam.asp). The system also provides for fuzzy query support, where the system can generate words that are similar to the ones the user enters.

“FreeEDGAR Full Text Search adds to the already full suite of features on our FreeEDGAR.com site including Watchlist email alerting and real-time access,” said Susan Strausberg, CEO of EDGAR Online, Inc. “This achievement is another solid demonstration of EDGAR Online, Inc.’s continuous innovation to capture and extend industry leadership in extracting commercially, financially and competitively valuable information from the SEC’s EDGAR database.”

About EDGAR Online

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.

"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, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.

To Top