EDGAR Online Executive will Present at the 23rd International XBRL Conference
Ed McDonnell will Discuss Using XBRL Data to Enhance Business Performance
ROCKVILLE, Md., Oct. 25, 2011 /PRNewswire/ -- EDGAR® Online, Inc. (NASDAQ: EDGR), a leading global provider of XBRL (eXtensible Business Reporting Language) software, services and data, today announced that Ed McDonnell, executive vice president of worldwide sales and field delivery, will present at the 23rd International XBRL Conference in Montreal. In two panels, McDonnell will educate the audience on how disclosure filings can be used to enhance business performance and why XBRL data can be a key part of the foundation of enterprise risk management, ensuring compliance with regulatory standards and governance of firms.
In the "How is XBRL Being Used for Business Performance?" panel on October 25, McDonnell will join Panel Moderator Mike Willis, global lead partner of PricewaterhouseCooper, along with Mike Starr of the U.S. Securities and Exchange Commission and Emily Huang, co-founder and vice president of business technology for Rivet Software. The trio will discuss the value of XBRL data when leveraged for not only disclosure filings but also for conducting risk performance, management and analysis, and ultimately to enhance a company's business outcomes.
Additionally, McDonnell will present during the "Who is Using XBRL, Anyway?" panel on October 26, also moderated by Willis. McDonnell and Susan Yount from the SEC's Office of Interactive Disclosure will highlight where XBRL is available throughout the world and how companies are using the standard for more than filing purposes.
"Ed's contributions to the 23rd International XBRL Conference underscore EDGAR Online's commitment to educating the international market on the value of XBRL data," said EDGAR Online President and CEO Robert J. Farrell. "Our participation in this conference and other similar events allows us to spread the word throughout the industry about the value of XBRL."
About EDGAR® Online, Inc.
EDGAR Online (NASDAQ: EDGR) is a leading global provider of XBRL (eXtensible Business Reporting Language) solutions that improve the flow of business information. The company delivers solutions through its integrated portfolio of filing creation services, data and analysis products and software. Clients include thousands of U.S. public companies, mutual funds, leading financial analysts and institutional investors as well as global regulators such as the FDIC, Banque de France, and Keane Federal Systems under contract to the U.S. Securities and Exchange Commission. Software solutions for global enterprises and regulators are developed by UBmatrix, Inc., a wholly owned subsidiary. The company delivers its services through an extensive network of OEM and implementation partners including Oracle, PR Newswire, RR Donnelley and SAP. To learn more about EDGAR Online, visit www.edgar-online.com.
Use of Forward-Looking Statements
This press release may contain forward-looking statements. These statements relate to future events or to future financial performance and may include, without limitation, statements regarding our future growth prospects, future demand for our XBRL products/services and future innovations in our data and solutions and subscriptions businesses. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," or "continue" or the negative of these terms or other comparable terminology. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond our control and that could materially affect actual results, levels of activity, performance, or our growth strategy. For further information about the factors that could affect EDGAR Online's future results, please refer to our filings with the Securities and Exchange Commission. We assume no obligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new information, future events, or otherwise.
EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.
SOURCE EDGAR Online, Inc.
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