EDGAR Online, Inc. Launches Fair Disclosure Site

Real-time listing of Fair Disclosure Filings Made to SEC and Analysis of Fair Disclosure Rule

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

SOUTH NORWALK, CT, October 17, 2000 -- In advance of the U.S. Securities & Exchange Commission's October 23rd adoption of the new Fair Disclosure regulation, EDGAR Online, Inc. (Nasdaq: EDGR) has launched FD Express (www.FD-express.com), a Web site addressing the new regulation.

"Savvy market players and investors will be looking at the surge of new disclosure filings made as a result of the new Fair Disclosure rule. EDGAR Online is making all these filings available in one place --- FD Express," said Jay Sears, senior vice president for EDGAR Online, Inc. The volume of 8-K filings, disclosures of unscheduled material events, is expected to double over the next 12 months due to the new Fair Disclosure rule. "Form 8-Ks are the anti-press release, now more than ever." said Sears.

Companies file 8-Ks to report unscheduled material events including changes in control, acquisition or disposition of assets, bankruptcy, changes in accountant, director resignations and other material events. Other disclosure filings on FD Express include Form 425.

The new Web site provides an analysis of the new Fair Disclosure rule by the law firm Morrison & Foerster LLP, a selection of comment letters submitted to the SEC on the rule, and a real-time listing of fair disclosure filings made to the SEC.

Regulation FD

The Fair Disclosure Rule is the result of the SEC's effort to level the playing field for all investors by requiring all U.S. public companies to fully disclose material data and relevant information that may influence investment decisions to all investors at the same time, not just selectively to analysts and insiders before events occur.

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. Based in Norwalk, Connecticut, with offices in Kirkland, Washington and New York City. The company sells to the corporate market and Internet portals as well as running five destination Web sites (http://www.edgar-online.com, htttp://www.freeedgar.com, http://www.ipo-express.com, http://www.insidertrader.com, http://www.FD-express.com). 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. EDGAR is a federally registered trademark of the U.S. Securities and Exchange Commission (SEC). EDGAR Online is a product of EDGAR Online, Inc., and is neither approved by, nor affiliated with the SEC.

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