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EDGAR ONLINE SEC FILINGS http://livermore.brand.edgar-online.com/?sym=edgr
PRESS RELEASE 09/20/2007
EDGAR(R) Online Continues to Expand the Largest XBRL Public Company Database
Company Completes Latest Earnings Season with Six Hour Average Data Turnaround Time for All US Filing Companies
NORWALK, Conn., Sept. 19 /PRNewswire-FirstCall/ -- EDGAR(R) Online, Inc. (NASDAQ: EDGR) announced today that it completed processing SEC filings for the latest earnings season for all US publicly traded companies in record time -- growing its XBRL tagged public company database by another 15,000 reports and over 30,000,000 data points. EDGAR Online also announced that it has surpassed its existing record for processing speed and is now making some filings available in the XBRL format in as little as 15 minutes after companies release their information to the SEC and delivers all companies in 6 hours on average. XBRL (eXtensible Business Reporting Language) is an international data standard for reporting corporate financial results.
EDGAR Online is a pioneer in XBRL having built the largest XBRL public company database in the world. With the successful completion of this most recent earnings quarter, EDGAR Online's database now includes over 9 years of history for more than 12,000 US filing companies including information from the 10-K, 10-Q, 8-K (earnings releases) and IPO filing documents. It also includes US foreign filers, private companies and detailed financial filings for over 1,500 Chinese companies.
"EDGAR Online provides the greatest level of detailed financial information filed by companies -- our more than 6,000 data points surpasses any other provider's detail by a factor of several times," said Philip Moyer, CEO of EDGAR Online. "We leverage our advanced software and our deep expertise in XBRL to rapidly turn corporate SEC filings documents into XBRL data. By doing so, we provide a competitive advantage to our clients, including hedge funds, investment banks, analysts and other financial professionals who need detailed information for split-second decision making."
"There has been little to no innovation in the world of fundamental company data for decades. EDGAR Online's predictions many years ago about the future power of XBRL are now paying off for our customers in meaningful ways," added Mr. Moyer. "With information as the lifeblood of business today, companies need to access actionable data as quickly as possible. We are able to condense that access time down to as little as 15 minutes after SEC filing for some companies and deliver detailed financials for all companies on average in 6 hours. Our customers are working with data from some of the most obscure parts of a company's financial report by the time many of our competitors are just opening up the filing."
About EDGAR(R) Online, Inc.
EDGAR Online, Inc. (NASDAQ: EDGR) , http://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 information and a variety of analysis tools available via online subscriptions and licensing agreements to a large user base.
About XBRL
XBRL is a language for the electronic communication of business and financial data which is revolutionizing business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. It offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using financial data.
For more information, and to download EDGAR Online's free XBRL whitepaper, click here or visit: http://www.edgar-online.com/products/imetrix.aspx.
Website: http://www.edgar-online.com/
Website: http://www.edgar-online.com/products/imetrix.aspx/
FUNDS WHO OWN EDGAR ONLINE (EDGR) SHARES
| STRS OHIO |
3,000,000 |
0 |
0.00 |
$8,220,000 |
0.03 |
11.52 |
06/30/07 |
| BANK OF NEW YORK TRUST COMPANY, N.A. |
1,718,600 |
25,600 |
1.51 |
$4,708,964 |
0.51 |
6.60 |
06/30/07 |
| NEUBERGER BERMAN LLC |
956,600 |
665,600 |
228.73 |
$2,621,084 |
0.00 |
3.67 |
06/30/07 |
| ROYCE & ASSOCIATES LLC |
952,100 |
100,000 |
11.74 |
$2,608,754 |
0.01 |
3.66 |
06/30/07 |
| KERN CAPITAL MANAGEMENT LLC |
700,400 |
0 |
0.00 |
$1,919,096 |
0.25 |
2.69 |
06/30/07 |
| DAWSON HERMAN CAPITAL MANAGEMENT INC /CT |
683,600 |
(1,500) |
-0.22 |
$1,873,064 |
0.10 |
2.62 |
06/30/07 |
| GRT CAPITAL PARTNERS LLC |
652,522 |
201,468 |
44.67 |
$1,787,910 |
0.32 |
2.51 |
06/30/07 |
| DIMENSIONAL FUND ADVISORS INC |
530,408 |
9,425 |
1.81 |
$1,453,318 |
0.00 |
2.04 |
06/30/07 |
| GALLEON MANAGEMENT L P |
500,451 |
41,000 |
8.92 |
$1,371,236 |
0.02 |
1.92 |
06/30/07 |
| SCHUPF H A & CO LLC |
220,000 |
(445,000) |
-66.92 |
$602,800 |
0.13 |
0.84 |
03/31/07 |
| BALYASNY ASSET MANAGEMENT LLC |
166,274 |
(57,426) |
-25.67 |
$455,591 |
0.03 |
0.64 |
06/30/07 |
| MELLON FINANCIAL CORP |
46,572 |
0 |
0.00 |
$127,607 |
0.00 |
0.18 |
12/31/06 |
| GAM USA INC |
40,000 |
0 |
0.00 |
$109,600 |
0.01 |
0.15 |
06/30/07 |
| STATE STREET CORP |
37,815 |
0 |
0.00 |
$103,613 |
0.00 |
0.15 |
06/30/07 |
| NORTHERN TRUST CORP |
26,569 |
(446) |
-1.65 |
$72,799 |
0.00 |
0.10 |
06/30/07 |
| CROFT-LEOMINSTER INC |
22,000 |
0 |
0.00 |
$60,280 |
0.01 |
0.08 |
06/30/07 |
| UBS AG |
18,314 |
1,201 |
7.02 |
$50,180 |
0.00 |
0.07 |
06/30/07 |
| FIRST DALLAS SECURITIES INC. |
14,000 |
(3,000) |
-17.65 |
$38,360 |
0.02 |
0.05 |
06/30/07 |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM |
7,800 |
0 |
0.00 |
$21,372 |
0.00 |
0.03 |
06/30/07 |
| BERKELEY CAPITAL MANAGEMENT LLC |
2,200 |
2,200 |
100.00 |
$6,028 |
0.00 |
0.01 |
06/30/07 |
| DEUTSCHE BANK AG\ |
521 |
11 |
2.16 |
$1,428 |
0.00 |
0.00 |
06/30/07 |
| BARCLAYS GLOBAL INVESTORS NA /CA/ |
0 |
(4,646) |
-100.00 |
$0 |
0.00 |
0.00 |
06/30/07 |
| BAILARD BIEHL & KAISER INC |
0 |
(10,000) |
-100.00 |
$0 |
0.00 |
0.00 |
06/30/07 |
| NORTH AMERICAN MANAGEMENT CORP |
0 |
(19,500) |
-100.00 |
$0 |
0.00 |
0.00 |
06/30/07 |
| UNITED STATES TRUST COMPANY, N.A. |
0 |
(32,050) |
-100.00 |
$0 |
0.00 |
0.00 |
06/30/07 | |
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