EDGAR Online, Inc. Signs Financial Content Agreement with America Online

EOL Services to be Available on AOL’s Leading Personal Finance Channel

CONTACT:
Jay Sears
Senior Vice President
Strategy and Business Development
203.852.5666
sears@edgar-online.com

SOUTH NORWALK, CT, July 31, 2000 — EDGAR Online (NASDAQ: EDGR) today announced a three-year agreement under which EDGAR Online will provide SEC and IPO data to America Online, Inc. (NYSE: AOL), the world's leading interactive services company.

Under the agreement, EDGAR Online will develop a co-branded site that will give AOL’s more than 23 million members quick access to EDGAR Online’s IPO Express service, and a complete database of SEC reports including the company’s EDGAR Online People service and quick-view “Glimpse” product.

The co-branded site will be available in the Investment Research Department of America Online’s Personal Finance Channel, ranked by Media Metrix as the leading financial destination in cyberspace. AOL members will also be able to access the co-branded site by using AOL Keywords: EDGAR, EDGAR Online and IPO Express. EDGAR Online is the leading provider of business, financial and competitive intelligence information derived from SEC filings. The company’s services already are available on over 250 Web sites, including some of the largest on the Internet.

“The investment content we are developing for America Online’s Personal Finance Channel is an extension of EDGAR Online’s original business premise,” said Jay Sears, Senior Vice President of Strategy and Business Development. “EDGAR data, when packaged properly, is relevant to the wide audience served by companies like AOL. This association with America Online is a milestone event in our business strategy.”

“With the continuing boom in online investing, AOL plays a valuable role by bringing our members the best possible selection of financial products and services,” said Rob Shenk, Executive Director of AOL’s Personal Finance Channel. “EDGAR Online’s easy to use financial offerings will bring our members information and research that previously has been available to only a select audience, at a high cost. Together with EDGAR Online, we can offer our members a powerful resource that we hope will help them make better-informed investment decisions.”

About EDGAR Online, Inc.

EDGAR Online, Inc. 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, 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 75 business-to-business clients including Reuters, Standard & Poor’s and ILX Systems as well as strategic relationships with over 250 portal, business and financial information Web sites including Yahoo!, Lycos, Inc., NBCi’s SNAP and Alta Vista, a CMGI Company. 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, 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.

To Top