EDGAR(R) Online First Filing Solutions Provider to Successfully Submit to the SEC Using Next Generation Data Tags

NORWALK, Conn., Dec. 6 /PRNewswire-FirstCall/ -- EDGAR(R) Online, Inc. (NASDAQ: EDGR) announced today that they are the first filing solutions provider to successfully submit an XBRL filing to the U.S. Securities and Exchange Commission (SEC) using the next generation set of U.S. GAAP XBRL data tags, which were announced earlier this week. The 8-K filing with a XBRL translation of EDGAR Online's third quarter 2007 financials was submitted and accepted to the SEC EDGAR system on Wednesday, December 5th.

The company utilized the I-Metrix platform to convert its financial statements to XBRL and is in the process of fully integrating the new tags for support across all products and service offerings in advance of the upcoming 10-K filing season. "As an organization that prides itself on speed, and XBRL expertise, we are excited to be the first filing solutions provider to file using the next-generation US GAAP standards," said Philip Moyer, CEO of EDGAR Online. "Our flexible I-Metrix infrastructure gives us a competitive advantage when working with financial data. This filing is further evidence of our leadership position in the XBRL technology space. We are looking forward to offering this service to other customers."

About EDGAR(R) 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 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