EDGAR® Online® I-Metrix™ Powers Japan’s First XBRL Format Service

CONTACT: David Colgren
EDGAR Online Public Relations
PHONE: 646-536-5103
dcolgren@colcomgroup.com

SOUTH NORWALK, Conn. – May 31, 2005 – A recent alliance between EDGAR® Online®, Inc. (NASDAQ: EDGR) and Hitachi High-Technologies has resulted in the first service to launch in Japan that offers U.S. company information in eXtensible Business Reporting Language (XBRL) format. The new Japanese product makes use of I-Metrix™, a suite of XBRL-based products from EDGAR Online, a leading provider of value-added business and financial information on global companies to financial, corporate and advisory professionals.

Yesterday, Hitachi High-Technologies announced in Japan that it is actively marketing the new service. Hitachi High-Technologies is selling the service to financial institutions, auditing companies, corporate survey and assessment divisions, think tanks, universities and other research institutions.

EDGAR Online President and CEO Susan Strausberg said, “We are very excited to see our alliance result in such a superior product that will introduce I-Metrix to a wide, global market. We look forward to continuing to work with Hitachi High-Technologies.”

EDGAR Online launched its I-Metrix suite of XBRL products April 20. I-Metrix provides the ability to analyze more than 1,000 normalized and as-reported data points from companies’ financial statements. Coverage includes U.S. securities, including public, private and non-U.S. companies who report financials to the SEC. I-Metrix Architect provides an application program interface (API) delivered through a SOAP-compliant web service. EDGAR Online's I-Metrix Architect allows developers to empower any software application with XBRL data. More information about I-Metrix is available at www.edgar-online.com/products/imetrix.aspx.

"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 our ability to (i) increase revenues, (ii) obtain profitability, and (iii) obtain additional financing, 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 acquisitions, 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.

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