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Investor Guide
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EDGAR Online to Provide SEC Data Service to OneSource Information Services, Inc.
Agreement Boosts EDGAR Online’s Corporate Sales Growth, Bolsters Public Company Financial Data for OneSource Clients
NORWALK, CT, June 19, 2000-- EDGAR Online,
Inc. (NASDAQ: EDGR), the leading Internet provider of business, financial
and competitive information derived from U.S. Securities and Exchange
Commission (SEC) data, today announced that it has entered into an agreement
to provide OneSource Information Services, Inc. (NASDAQ: ONES) an extensive,
customized package of SEC-derived information to enhance the OneSource
Business Browser product line. The agreement represents continued growth
in EDGAR Online’s corporate sales, which accounted for almost
40% of this year’s first quarter revenues and increased nearly fourfold
from a year earlier.
OneSource Business Browser is a unique Web-based resource
for ready-to-use business information. Business Browser delivers a wide
range of corporate and industry information including company profiles,
news, business and trade articles, analyst reports, executive profiles,
industry intelligence and financial data. Business Browser provides textual
and numerical information from different sources and integrates it with
a consistent “look and feel,” providing subscribers with unparalleled
reliability and ease of use. Available through the Web using standard
Internet browsers, Business Browser currently supports over 180,000 subscribers
worldwide. EDGAR Online’s data will be available immediately
to all current Business Browser subscribers at no additional charge.
“Our clients demand accurate, timely information
in formats that they can easily use and manipulate,” said Daniel J. Schimmel,
president and CEO of OneSource Information Services, Inc. “EDGAR
Online helps us to fulfill this need, allowing clients to better
analyze, compare and report public company data.”
“With this agreement, OneSource joins a fast-growing
list of partners that have recognized the value and quality of EDGAR
Online,” said Tom Vos, EDGAR Online, Inc.’s president
and chief operating officer. “We know our service will be a valuable enhancement
to Business Browser.”
About OneSource
OneSource Information Services, Inc. provides Web-based
business and financial information to professionals who need quick access
to reliable corporate, industry and market intelligence. Its Business
Browser product line provides sales, marketing, finance and management
professionals with information such as news, trade press, executive biographies,
analyst reports, company financial results, stock quotes and industry
statistics. OneSource integrates business and financial information on
over one million global public and private companies from more than 25
information providers drawing upon over 2,500 sources of content. With
the acquisition of Corporate Technology Information Services, Inc. (CorpTech)
in October 1999, OneSource broadens its role to include content development,
focusing on private company information.
OneSource products and services are designed to address
the information needs of leading professional and financial services firms,
technology companies and other large organizations including American
Express, British Telecommunications, Deloitte & Touche, KPMG, Oracle and
SAP. OneSource is headquartered in Concord, MA, with offices across the
United States and United Kingdom. Product information is available by
calling 1-800-554-5501 in the U.S. and +44 (0) 1483 241212 in the U.K.,
and at www.onesource.com
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, as well as 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
65 business-to-business clients including Reuters (NASDAQ: RTRSY), Standard
& Poor’s (NYSE: MHP) and ILX Systems as well as strategic relationships
with over 200 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), Infospace (NASDAQ: INSP), CBS MarketWatch (NASDAQ: MKTW),
Business Wire, Track Data (NASDAQ: TRAC), 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
Legal Notice Regarding Forward-Looking Statements:
“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
and changes in our business strategies.
###
OneSource and Business Browser are a registered trademark
and service mark, respectively, of OneSource Information Services, Inc.
CorpTech is a registered trademark of Corporate Technology Information
Services, Inc.
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