Two Companies Have Industry Leading Solution for XBRL Conversion and Compliance
CHICAGO AND NEW YORK, Oct. 1 /PRNewswire-FirstCall/ --
Since an original agreement was entered into in 2006, the RR Donnelley and EDGAR Online solution has become the number one choice to date for companies that have submitted XBRL formatted financials to the U.S. Securities and Exchange Commission (SEC) and offers a cost effective complete solution for public companies to respond to the SEC's proposed rule for the required use of XBRL, or interactive data, starting in 2009.
'We are very pleased with the benefits we've been able to extend to our clients through our collaboration with EDGAR Online,' said
'We look forward to continued market leadership in XBRL through our relationship with RR Donnelley and are more convinced than ever that our relationship provides filers with the best possible market solution as we enter a new era of regulatory reporting,' said
About RR Donnelley
About EDGAR Online, Inc.
EDGAR Online, Inc. (Nasdaq: EDGR) is a leader in the distribution of company data and public filings for equities, mutual funds and a variety of other publicly traded assets. We deliver our information products via online subscriptions and data licenses directly to end-users, embedded in other web sites and through a variety of redistributors. EDGAR Online has also developed proprietary automated systems that allow for the rapid conversion of data and is a pioneer and leader in the global financial reporting standard--eXtensible Business Reporting Language or XBRL. We use our automated processing platform and our expertise in XBRL to produce both datasets and tools and to assist organizations with the creation, management and distribution of XBRL financial reports. For more detailed information on all of our businesses or to contact us please visit our website at http://www.edgar-online.com
Use of Forward-Looking Statements
This news release may contain 'forward-looking statements' as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in RR Donnelley's and EDGAR Online, Inc.'s filings with the SEC. RR Donnelley and EDGAR Online, Inc. disclaim any obligation to update or revise any forward-looking statements.
EDGAR(r) is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.
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