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(PR NEWSWIRE) EDGAR Online Launches New Web-Based SEC Filing Service EDGAR Online Launches New Web-Based SEC Filing Service NORWALK, Conn., June 14 /PRNewswire/ -- EDGAR Online (Nasdaq: EDGR), a provider of business, financial and competitive information derived from SEC data, today launched File Direct (http://www.file-direct.com), a new service that allows companies to create SEC filings and submit those filings directly to the Securities and Exchange Commission via the Internet. The service is being launched in partnership with National Filing Service, Inc., an independent SEC filing agency. File Direct currently allows users to create and file Schedule 13D and Schedule 13G documents from an easy-to-use Web template. "13" filings address changes in corporate ownership when an individual, fund or corporation holds in excess of a five percent interest in a public company. Filing capabilities for additional forms will soon be made available. "EDGAR Online's File Direct will save time and fees for law firms and general counsels at corporations and mutual funds. The service allows our customers to create SEC filings and submit those filings to the SEC via the Internet without investing in additional applications or paying outside vendors," said Jay Sears, Vice President of Marketing and Business Development for EDGAR Online. File Direct guides users through the filing process with a template approach, assuring automatic formatting and a consistent look and feel. Documents can be saved for editing and review. Critical data such as CIK, IRS numbers and stock exchange listing data is automatically provided. Submission is made via high-speed frame-relay LAN connections that run directly to the SEC. Further, users can print a document proof on their local printer and receive an email confirmation directly from the SEC when the filing has been accepted. Both Web-based automated help and 24-hour/day live help via 800 number are available. About EDGAR Online EDGAR Online (http://www.edgar-online.com) is a Web-based provider of business, financial and competitive information derived from U.S. Securities and Exchange Commission data. Additional services include value-added functions like EDGAR Online People (http://www.edgar-online.com/people), a service that allows users to search the SEC filings by an executive's name, EDGAR Online Personal, which provides real-time Web and email based alerting, and other personalized advanced searches of SEC data. EDGAR Online, Inc. has strategic relationships with portal, business and financial information Web sites including Yahoo! (Nasdaq: YHOO), Infoseek's GO Network (Nasdaq: SEEK), CNET's SNAP (Nasdaq: CNET), PointCast, Infospace (Nasdaq: INSP), CBS MarketWatch (Nasdaq: MKTW), SmartMoney.com (NYSE: DJ), CMPnet's TechInvestor (Nasdaq: CMPX), Hoover's, Quote.com, Business Wire, Track Data (Nasdaq: TRAC), MSNBC Microsoft (Nasdaq: MSFT) and NBC/General Electric (NYSE: GE), Big Charts, and Raging Bull, a CMGI company (Nasdaq: CMGI). EDGAR Online is based in Norwalk, CT. To read additional background and news on EDGAR Online, please go to edgar-online.com. "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 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, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies. SOURCE EDGAR Online -0- 06/14/99 /CONTACT: Jay Sears, Vice President, Marketing & Business Development, of EDGAR Online, 203-852-5666, sears@edgar-online.com; or Mark Pasetsky, mark@middleberg.com, or Sarah Clark, sarah@middleberg.com, both of Middleberg + Associates, 212-888-6610, for EDGAR Online/ /Web site: edgar-online.com (EDGR) CO: EDGAR Online ST: Connecticut IN: MLM FIN ADV SU: PDT *** end of story *** |