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Investor Guide
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EDGAR® Online® Announces I-Metrix™ Vision, New Integrated Data Visualization Product
Product Created Through Partnership with Theoris
CONTACT: David Colgren
EDGAR Online Public Relations
PHONE: 646-536-5103
dcolgren@colcomgroup.com
SOUTH NORWALK, Conn. – June 21, 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 the launch of I-Metrix™ Vision, the first product to integrate extensive financial data in eXtensible Business Reporting Language (XBRL) with visualization software.
Created as a result of EDGAR Online’s partnership with Theoris, Inc., a next-generation, Web-enabled business intelligence software vendor, I-Metrix Vision equips analysts, auditors and corporate executives with the information and tools they need to immediately identify opportunities, spot potential risks or anomalies and analyze competitors through an easy-to-use graphical interface.
I-Metrix Vision leverages Theoris Vision Software™ to allow customers to consolidate critical data from internal and external sources into a constantly updated graphical user interface, or “dashboard.” Clients can incorporate information from any data source in any location into their dashboards. Sources may include audited management reports, business intelligence systems, enterprise applications, intranets, extranets, the Internet and EDGAR Online’s I-Metrix XBRL data, which includes more than 1,000 normalized and as-reported data points from the financial statements of public, private and foreign companies who report financials to the SEC. Clients can easily build custom dashboards through a simple, wizard-driven interface.
EDGAR Online President and CEO Susan Strausberg said, “Our partnership with Theoris is making possible a powerful new way to look at the wealth of information that’s available through our I-Metrix Professional products. But more than that, we are aware of no other product that allows clients to so easily view and act upon critical data from multiple internal and external sources. We are excited to be working with Theoris to bring I-Metrix Vision to the marketplace.”
Theoris Founder, President and CEO Michael Cunningham said, “I-Metrix Vision represents the first time our next-generation Theoris Vision Software has ever been offered with a data source included. We are certain that customers will find this new combination of software and data to be extremely valuable. And our partnership with EDGAR Online will introduce our business intelligence product to what is a relatively new market for us.”
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. I-Metrix Professional includes an add-in for Microsoft® Excel that eliminates the need for clients to manually key data into spreadsheets, saving time and avoiding errors that can occur with manual data entry. I-Metrix Professional is included in I-Metrix Vision. EDGAR Online also offers I-Metrix Architect, an application program interface (API) delivered through a SOAP-compliant web service that allows developers to empower any software application with XBRL data. More information about I Metrix is available at www.edgar-online.com/products/imetrix.aspx.
About Theoris
Founded in 1984, Theoris, Inc. is a Business Intelligence software developer and consulting services firm that helps companies create, capture, and control vital business information. For enterprises, OEM’s, and resellers who need to quickly consolidate and view information from any data source, Theoris Vision Software™ is next-generation business intelligence software that helps companies dynamically communicate, organize, and interact with high-value business information from anywhere, without the need for programming, a data warehouse, an API, or changes to underlying systems. For more information, call (317) 849-4444 or visit www.theoris.com.
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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