Microsoft Features EDGAR® Online® in its Solution Showcase for the Microsoft Office System

EDGAR Online's I•Metrix Suite of XBRL Products Featured on Microsoft Web Site

CONTACT: David Colgren
EDGAR Online Public Relations
PHONE: 646-536-5103
dcolgren@colcomgroup.com

SOUTH NORWALK, Conn. and REDMOND, Wash. – May 2, 2005 – EDGAR® Online®, Inc. (NASDAQ: EDGR), a leading provider of value-added business and financial information on global companies to financial, corporate and advisory professionals, announced today that Microsoft® (NASDAQ: MSFT) is presenting EDGAR Online as a featured partner in its XBRL scenario within the Solution Showcase for the Microsoft Office System.

Microsoft features EDGAR Online and its I•Metrix™ Suite of eXtensible Business Reporting Language (XBRL) products on a Web page highlighting solutions that use XBRL to enhance the power of Microsoft Office to solve critical business issues. The Showcase is located at http://www.microsoft.com/office/showcase/xbrl/default.mspx.

EDGAR Online President and CEO Susan Strausberg said, “Our relationship with Microsoft will help more business people realize the benefits of XBRL using the tools they rely on every day. It will also increase sales opportunities for our I•Metrix suite of products. Having a company such as Microsoft endorse XBRL-powered solutions indicates the great value of this technology.”

Microsoft Director of Emerging Technologies Michael Ohata said, “Microsoft Corporation supports XBRL from both a public company and software company standpoint. XBRL presents an opportunity to deliver financial and other information in an agreed-upon industry fashion that provides quicker insight and increased transparency. In addition, XBRL creates an opportunity for Microsoft to showcase to customers how software such as I•Metrix can help address common business challenges using familiar Microsoft Office System technology.”

EDGAR Online and Microsoft are both founding members of the XBRL International consortium.

EDGAR Online launched its I•Metrix suite of XBRL products April 20. I•Metrix provides the ability to analyze more than 1,000 normalized and as-reported data points from companies’ financial statements. Coverage includes U.S. securities, including public, private and non-U.S. companies who report financials to the SEC. Among other benefits, I•Metrix allows Microsoft Excel users to access company financial data from within Excel spreadsheets. More information about I•Metrix is available at www.edgar-online.com/products/imetrix.aspx.

About XBRL
XBRL is a royalty free, open specification that uses XML-based data tags to describe financial data in business reports and databases. XBRL benefits all members of the financial information supply chain by making data over the Internet more interoperable and relevant for users and allows the exchange of financial information across all software formats resulting in cheaper, faster and more reliable extraction of financial information from reports or data systems. More information about XBRL is available from XBRL International (www.xbrl.org).

About Microsoft®
Founded in 1975, Microsoft (NASDAQ: MSFT), www.microsoft.com, is the worldwide leader in software, services and solutions that help people and businesses realize their full potential. Microsoft is a registered trademark of Microsoft Corp. in the United States and/or other countries.

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.

To Top