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Investor Guide
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EDGAR® Online® Introduces Next Generation I-Metrix 2.0 at the 14th Annual XBRL International Conference in Philadelphia
First Product Suite to Integrate XBRL Data
with Robust Analytics, Screening and Footnotes
CONTACT: David Colgren
Colcomgroup
PHONE: 646-536-5103
dcolgren@colcomgroup.com
SOUTH NORWALK, Conn. – December 4, 2006 – EDGAR® Online®, Inc. (NASDAQ: EDGR) introduced its latest version of I-Metrix™ today during the XBRL International Conference in Philadelphia. I-Metrix 2.0 is the first platform in the world to combine an XBRL database of over 11,000 companies with new powerful analytical capabilities designed to leverage the unique benefits that XBRL technology can provide.
I-Metrix 2.0 enhances the transparency and usability of critical company information to deliver an analysis-ready application designed for the financial and corporate analyst. I-Metrix 2.0 is open to beta testers and will be available to EDGAR Online customers during the first quarter of 2007. Additionally, I-Metrix is fully compatible with the newly released Microsoft Office 2007 and Windows Vista.
New enhancements in the I-Metrix 2.0 release include:
- Powerful Screening - New screening tools will enable users to perform advanced filtering against EDGAR Online’s XBRL database to identify companies and opportunities within varied financial parameters; highlight anomalies; identify peers; and better detect industry trends.
- Robust Valuation Models - New, high-end valuation models can be used to facilitate in-depth analyses immediately, including Discounted Cash Flow, Dividend Discount, Free Cash Flow and Peer Analysis.
- Chinese Company Data - Data from both the Shenzhen and Shanghai Stock Exchanges will now be integrated into the I-Metrix product suite for easy access and delivery into Microsoft Excel?. This dataset represents the most robust offering of Chinese company XBRL data available today.
- Footnotes - Selected XBRL tagged footnotes will provide further insight into a company and its performance. By tagging key footnotes in XBRL, I-Metrix will give users access to relevant information that is often buried in the text of SEC documents.
"EDGAR Online's I-Metrix platform continuously processes financials as they are filed to ensure the most up-to-date data possible. This depth of information, combined with the new tools of 2.0, position I-Metrix as the market leader in comprehensive analytical, filtering and modeling tools using XBRL. We believe they are unrivaled in their ability to facilitate the analysis of opportunities in the U.S. and abroad," said Susan Strausberg, CEO and President of EDGAR Online, Inc. "The integration of Chinese data alongside US financials signals the availability of a true global perspective through I-Metrix."
About I-Metrix
EDGAR Online's I-Metrix service is a data and analytical suite of products for the corporate and financial communities delivering granular information and value-added tools that facilitate broad company and industry analysis. I-Metrix provides financial statement data and related footnotes in XBRL format along with earnings estimates, revisions and trends, analyst recommendations, sales estimates, expected dividends information, historical EPS perspective, and estimated long-term growth rates for a company, its industry and the S&P 500.
I-Metrix includes a proprietary add-in for Microsoft Excel that enables clients to view any XBRL document, access fundamental data directly from within spreadsheets and gives users access to key information extracted from public company filings through an innovative Web interface.
About EDGAR® Online®, Inc.
EDGAR Online, Inc. (NASDAQ: EDGR), www.edgar-online.com, is a leading provider of value-added business and financial information on global companies to financial, corporate and advisory professionals. The company makes its information and a variety of analysis tools available via online subscriptions and licensing agreements to a large user base.
"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 our ability to (i) increase revenues, (ii) obtain profitability, and (iii) obtain additional financing, 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 acquisitions, 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.
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