Free to Fee Program Drives New Corporate Sales for EDGAR Online, Inc.; Expanded Product Line Generates New Sales.Business Editors SOUTH NORWALK This article is about the SoNo neighborhood in Norwalk. For the SoNo district in Atlanta, see SoNo (Atlanta). For the band, see Sono (band). South Norwalk (also known as SoNo) is a neighborhood in Norwalk, Connecticut. , Conn.--(BUSINESS WIRE)--May 29, 2001 EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. Online, Inc. (Nasdaq: EDGR EDGR Emergency Diesel Generator Room ) is generating new corporate sales revenue as a result of its "Free to Fee" program on its Internet Web sites. The company specializes in real-time business, financial and competitive information derived from U.S. Securities and Exchange Commission data and development of financial and business system solutions. Since May 3rd when the company started restricting free commercial usage on its retail Web sites accessed by investment banks, Fortune 1000 companies, consulting firms and others, EDGAR Online, Inc. has seen the highest four week growth rate in corporate commercial seat-based sales since the company's founding in November 1995. Over 150 firms have entered into corporate site licenses since May 3rd including Bank One, Charles Schwab, Deloitte & Touche, Fleet Bank, KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen , Moody's, Skadden, Arps and Wells Fargo. These sales are a complement to EDGAR Online, Inc.'s corporate data and custom ASP sales that currently provide over 75% of the company's revenue. "Our range of financial information products and solutions has expanded significantly since many of our customers first began using our retail service and we are in communication and sales mode to evangelize e·van·gel·ize v. e·van·gel·ized, e·van·gel·iz·ing, e·van·gel·iz·es v.tr. 1. To preach the gospel to. 2. To convert to Christianity. v.intr. To preach the gospel. about these new opportunities to our customers," said Susan Strausberg, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of EDGAR Online, Inc. "Now we can go back to these banks, consultancies and others and offer them commercial seat-based licenses, wholesale xml or hosted data or complete customized ASP solutions." Expanded Product Line EDGAR Online, Inc. now sells an expanded product and service line to the corporate market. This includes a variety of EDGAR-based data including ownership data, fundamental data, insider data, IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. data, EDGAR data, sophisticated concept identification products and other customized applications as well as third party data such as quotes, charts and news feeds necessary to complete any offering. The company also now acts as a developer of financial and business system solutions on behalf of its clients such as the work done for the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. . The product line is supported by a staff of over 80 technologists. About EDGAR Online, Inc. EDGAR Online, Inc. is a provider of business, financial and competitive information derived from U.S. Securities and Exchange Commission data and a developer of financial and business system solutions. Based in Norwalk, Connecticut, with offices in Rockville and Baltimore, Maryland, Kirkland, Washington and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the company sells to the corporate market and Internet portals as well as running destination Web sites including EDGAR Online (http://www.edgar-online.com). EDGAR(R)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. EDGAR Online is a product of EDGAR Online, Inc. |
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