EDGAR Online Acquires EDGAR News Service from Internet Financial Network

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

Adam Wolf
Director, Public Relations
Infogate
212-801-1215
adam.wolf@ifn.com

SOUTH NORWALK, CT, October 18, 2000 -- EDGAR Online, Inc. (Nasdaq: EDGR) has entered into an agreement with Internet Financial Network (IFN) to transition the customers from IFN's IFN 2000 EDGAR news service to the EDGAR Online service. EDGAR Online, Inc. provides business, financial and competitive information derived from U.S. Securities and Exchange Commission data to the corporate and Internet market. Terms were not disclosed.

IFN announced recently that it was merging with EntryPoint and was combining their existing business operations into a newly created entity, Infogate, Inc., to deliver a broad-based news and information service to the individual and corporate marketplace.

"As we focus on the non-institutional customer and sponsorships with corporations for our new entity Infogate, we needed to find the best continuity of service for our institutional customers," said Clifford T. Boro, Executive Chairman of Infogate. " EDGAR Online has demonstrated leadership in breadth of EDGAR-based products as well as the technology needed to deliver real time data to their growing corporate customer base. We expect our customers to be pleased with the new capabilities that will be available to them from EDGAR Online."

"EDGAR Online welcomes the opportunity to serve IFN's former institutional customers," said Susan Strausberg, CEO of EDGAR Online, Inc. "Corporate business continues to be the growth driver at EDGAR Online."

About Internet Financial Network

Internet Financial Network (IFN) was founded in 1994 to create superior business information products for the financial, legal and corporate marketplaces by harnessing the Internet and its enabling technologies. IFN is a private company principally owned by The Travelers Group, a leading provider of financial services and the parent company of Salomon Smith Barney and Primerica; by Data Broadcasting Corporation, the world's leading real-time market data provider to individual investors; and by The Trump Group. Internet Financial Network, Inc. and EntryPoint Incorporated recently announced that they have agreed to merge their existing business operations into a newly created entity, Infogate, Inc.

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, http://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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