EDGAR Online Chairman Receives Westergaard’s Kjakan Award

NORWALK, CT, November 18, 1999 - EDGAR Online, Inc. (NASDAQ: EDGR) today announced that the company’s Chairman and Chief Information Officer, Marc Strausberg, will be awarded Westergaard Broadcasting Network.com's prestigious Kjakan Award for his contribution to the spirit of entrepreneurial capitalism. The award will be presented by John Westergaard to Mr. Strausberg today during the 22nd Annual Westergaard MicroMidcap Conference at the Waldorf Astoria Hotel in New York City. Mr. Strausberg is also presenting the conference keynote speech during lunch. His speech will be broadcast live at 1 p.m. EST today and in replay for at least a month via Johnny Dotcom's Journal at RadioWallStreet (http://www.vcall.com/auto/companies/johnnycomsjournal/default.htm).

“Marc has set an excellent example for other entrepreneurs. I am pleased to honor Marc for the invaluable role EDGAR Online’s services are providing in making affordable, original source investment information available to private and institutional investors,” commented John Westergaard, founder, chairman and CEO of Westergaard.com, Inc. (OTCBB:WSYS) and its wholly owned subsidiary, Westergaard Broadcasting Network.com, Inc.

The Kjakan Award is presented annually to one or more individuals who have demonstrated a special commitment to the entrepreneurial spirit through their activities in business, military and public affairs. It is named for Gunnar Sonsteby, Norwegian resistance leader during World War II who directed 18 successful engagements against German occupying forces in the Oslo region. His code name was "Kjakan.”

Past Recipients of the Kjakan Award include:

- Alan Greenspan, Chairman, Federal Reserve Board

- Daniel Patrick Moynihan, U.S. Senator

- Dan Tolkowsky, General Israeli Air Force, Venture Investor

- William R. Grant, Galen Associates, Venture Investor

- Charles Maxwell, Acclaimed Oil Industry Investment Analyst

About EDGAR Online

EDGAR Online, Inc. (http://www.edgar-online.com and http://www.freeedgar.com and http://www.ipo-express.com) is a 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 Web and email based alerting, and other personalized advanced searches of SEC data.

Based in Norwalk, Connecticut, with offices in Kirkland, Washington and New York City, EDGAR Online, Inc. has strategic relationships with 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), PointCast, Infospace (Nasdaq: INSP), CBS MarketWatch (Nasdaq: MKTW), SmartMoney.com (NYSE: DJ), CMPnet's TechInvestor, Hoover's (Nasdaq: HOOV), Motleyfool.com, Quote.com, Business Wire, Track Data (Nasdaq: TRAC), MSNBC Microsoft (Nasdaq: MSFT) and NBC/General Electric (NYSE: GE), Big Charts, and Raging Bull. For more information, please visit the Company’s Web site at http://www.edgar-online.com/news.

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