ROCKVILLE, Md.--(BUSINESS WIRE)--EDGAR® Online, Inc. (NASDAQ: EDGR), a premier provider of fundamental financial data, analytics and disclosure management services, announced today that Elias- John Kies, director of analytics, will present at NYSSA’s XBRL and Financial Analysis Technology Conference in New York City on Wednesday, February 29, 2012. The conference will explore and demonstrate the use of eXtensible Business Reporting Language (XBRL) in equity research and analysis, as well as present new research, industry trends and technologies.
“Today, the biggest problem facing the XBRL market is not the mandated adoption for public issuers, but rather the lack of understanding of its value. If XBRL data is correctly provided and tagged, there is a tremendous opportunity for the institutional investor community to tap the power of XBRL for better and more efficient investment decisions,” said Kies, director of analytics, EDGAR Online.
In the “Analytical Tools Demonstration” panel, Kies will join Eric Linder of SavaNet and Campbell Pryde of XBRL US to provide attendees with a demonstration of emerging analytical tools and insight on the value of XBRL data after it is collected and organized.
The conference will take place at Baruch College, Zicklin School of Business in New York City, February 29 from 3:00 to 6:30 p.m.
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About EDGAR® Online, Inc.
EDGAR® Online (NASDAQ: EDGR) provides financial data, analytics and disclosure management solutions to help corporations and institutional investors facilitate compliance and management of regulatory disclosure filings. In addition to developing a variety of unique as-reported and normalized data sets, EDGAR Online is an industry leader in XBRL (eXtensible Business Reporting Language) processing. Thousands use the company’s solutions, including 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 the U.S. Securities and Exchange Commission. The company delivers its solutions, including UBmatrix® XBRL software solutions, through an extensive network of partners, including Business Wire, LexisNexis®, NASDAQ OMX, Oracle, PR Newswire, RR Donnelley and SAP.
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.