Newly Available Tool Saves Time, Improves Data Accuracy for Analysts

SOUTH NORWALK, Conn.--Nov. 17, 2004--EDGAR® Online®, Inc. (NASDAQ:EDGR), a leading provider of value-added global business and financial information, today announced the availability of a new product that delivers XBRL (eXtensible Business Reporting Language) formatted fundamental company data directly into Microsoft® Office Excel worksheets.

As part of Microsoft's Partner Program, EDGAR Online has created the EDGAR Online I-Metrics Excel Add-In that eliminates tedious and time-consuming "copy and paste" tasks that would otherwise be necessary to get complex financial data into a worksheet. In addition, the product will increase confidence in the accuracy of worksheets by eliminating errors in data transfer.

"A key goal behind XBRL is to benefit all members of the business reporting supply chain," said Michael Ohata, director, business reporting at Microsoft Corp. "We're thrilled to see EDGAR Online develop XBRL solutions to improve access to financial information and provide more accurate and reliable information."

Susan Strausberg, EDGAR Online's president and CEO, said, "This new product represents a major step in our plan to move from a provider of documents to a provider of value-added services. The EDGAR Online I-Metrics Excel Add-In is a powerful analytical tool that showcases our commitment providing our subscribers with time-saving tools that bring analysts and other customers tremendous insight into company data."

EDGAR Online I-Metrics Excel Add-In Features and Benefits

• Seamless and simple interface to easily gain access to EDGAR Online datasets in a XBRL format directly from an Excel workbook.
  • Datasets include fundamental data, pricing and company information for all U.S. public companies.
• Ability to retrieve quarterly, annual, year to date and trailing twelve month company data by ticker or company name through an integrated Excel data retrieval wizard.
• Timely and fast data retrieval through EDGAR Online's Microsoft .Net compliant Web Service.
• Integration with other EDGAR Online products allow customers to link from Excel to "as reported" EDGAR Online filings through a single mouse click.
• Full XML-compliant product that enables real time updates of data, models and charts.
• Ability to leverage existing or create new templates or models through easy to use Excel functions.

More information on the EDGAR Online I-Metrics Excel Add-In is available at www.edgar-online.com or by calling EDGAR Online corporate sales division at 888-870-2316, 212-457-8200 or by sending e-mail to corporate@edgar-online.com.

About EDGAR® Online®, Inc.
EDGAR Online, Inc.(http://www.edgar-online.com) is a leading provider of value-added global business and financial information. The company makes financial information and a variety of analysis tools available via online subscriptions and licensing agreements to professionals in financial institutions, corporations and advisory firms.

"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 and/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, (iii) obtain additional financing, (iv) changes in general economic and business conditions (including in the online business and financial information industry), (v) actions of our competitors, (vi) the extent to which we are able to develop new services and markets for our services, (vii) risks in connection with acquisitions, (viii) the time and expense involved in such development activities, (ix) the level of demand and market acceptance of our services and (x) 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.

All product and company names herein may be trademarks of their respective owners

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