EDGAR® Online® Posts CEO/CFO Compliance Scorecard Certification of Financial Statements Available Across Services

SOUTH NORWALK, Conn., Aug 14, 2002 - EDGAR Online, Inc. (Nasdaq: EDGR) today announced release of a Compliance Scorecard, a new feature that tracks companies racing to meet SEC deadlines for certifying accuracy of their financial statements.

Under the SEC's recent order, CEO's and CFO's from over 900 of the largest U.S. public companies are required to file sworn statements attesting to the accuracy of their companies' financial reports. The new law was passed in the wake of a series of accounting scandals that have undermined the public's confidence in the truthfulness of company disclosures.

In the interest of rebuilding public confidence, EDGAR Online is tracking these certifications and making them available through the Company's products including EDGAR Online Pro, its flagship service, and its public websites EDGAR Online and FreeEDGAR.

The Compliance Scorecard will provide the names of the CEO's and CFO's along with a link to the certifications as they are submitted and delivers the most up-to-date view of summarized compliance information that would otherwise have to be gathered from companies' own websites.

"We are proud to take the lead in providing this critical information to our customers," said Susan Strausberg, CEO of EDGAR Online, Inc. "This is the first step in a series of initiatives to provide investors with the most timely information that can be gleaned from EDGAR filings."

About EDGAR Online, Inc.
EDGAR Online, Inc. (http://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, law firms and Internet portals. EDGAR Online's professional services can be obtained by calling 212-457-8200 or online via: http://www.edgar-online.com/corporate/contactform.asp

"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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