New Version of EDGAR Online Pro Unveiled for Financial Services Industry

South Norwalk, CT - May 28, 2003- EDGAR Online, Inc. (Nasdaq: EDGR) today announced the newest version of EDGAR Online Pro with specific enhancements built for the financial services industry.

"Timely, accurate and comprehensive information is the cornerstone for all due diligence and resulting investment decisions," said Susan Strausberg, CEO and President of EDGAR Online, Inc. "We have made several critical enhancements on our EDGAR Online Pro desktop to serve our customers in the financial services industry."

The newest version of EDGAR Online Pro now includes:

• Company Profile. "One-click" access to company-specific critical SEC documents and sections, normalized fundamental data (annual and quarterly income statements, cash flows and balance sheets with history), ownership overview (insider and institutional trading activity), news from over 30 sources, quoting and charting and key company identifiers such as CIK and SIC codes and contact information. Coverage is available on all NYSE, Nasdaq, Amex and OTCBB companies.
• Folders. A new personalization feature, Folders allows the user to save an unlimited number of key SEC documents within the EDGAR Online Pro application for later in-office or remote reference. Documents can be accessed in Microsoft Word®, Microsoft® Excel, Rich Text Format, HTML, original as-filed text or PDF. Multiple Folders can be created for various working groups or projects such as "Acme Coal Due Diligence," or "Top Clients."
• Section Navigation and Printing. Document navigation within key SEC documents now provides for the isolation and printing of key sections of 10-Ks, 10-Qs, Proxy Statements and other SEC documents. Users can save time in identifying and printing key document sections such as the "Management's Discussion and Analysis" or "Legal Proceedings."
• Section 16 Filing Support. EDGAR Online Pro will be fully compliant with the new electronic filing requirements for Section 16 or "insider" filings-specifically Forms 3, 4 and 5. On June 30th all public companies will be mandated to file Section 16 forms electronically and all of these documents will be accessible on the EDGAR Online Pro desktop via Microsoft Word®, Rich Text Format, HTML, original as-filed text or PDF.

About EDGAR Online Pro
EDGAR Online's EDGAR Online Pro (www.edgarpro.com) desktop is geared towards professional users of SEC EDGAR filings and related public company data. EDGAR Online Pro's superior navigation, features and functionality makes it the preferred choice of the financial services industry. EDGAR Online Pro can be obtained by calling 212-457-8200 or online via www.edgarpro.com.

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.

"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.

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.

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