Justsystems to Demonstrate xfy XBRL Solution at the Madrid 2006 XBRL Conference.Madrid, Spain, May 16, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Justsystems, Inc. today announced the introduction of xfy XBRL (EXtensible Business Reporting Language) A specification for publishing financial information in the XML format. It is designed to provide a standard set of XML tags for exchanging accounting information and financial statements between companies and analysts. Solution, a new application based on its xfy Enterprise Solution. The xfy XBRL Solution is the industry's most powerful and flexible environment for working with XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. data in XBRL format. This important advancement in XBRL will be demonstrated at the 13th XBRL International Conference in Madrid. The xfy XBRL Solution allows organizations to create, handle and manage financial information in XBRL 2.0/2.1 format. The xfy XBRL Solution has client and server functions to enable an integrated XBRL solution for CFOs, executives and financial end users. This is an important capability as XBRL is increasingly deployed throughout financial enterprise environments. One of the key features of the xfy XBRL Solution is the client functions for creating and authoring XBRL taxonomies*1 and instances*2. Users can generate financial documents from the taxonomies and instances quickly and easily without having specialized XBRL knowledge. In addition, financial documents can be edited in the same manner as using a word processor. Enterprises can also increase the accuracy of documents by linking figures in a document and financial data. The xfy XBRL Solution has also server functions for: - version management for taxonomies and instances - annotation 1. (programming, compiler) annotation - Extra information associated with a particular point in a document or program. Annotations may be added either by a compiler or by the programmer. management in financial documents - search functions for accumulated financial data - access and function control by users Another important element of the Justsystems XBRL announcement is related to the acquisition of the XMetaL business in March. XMetaL is already a leader in providing XBRL technology to the financial market. In order to develop a more complete XBRL solution, Justsystems is announcing the intention to integrate the XMetaL XBRL technology with the xfy XBRL Solution. The XMetaL world-leading XBRL technology includes a fully compliant XBRL processor (XBRL CS*3 and FRIS FRIS Foundation for Rape Information and Services FRIS Farm and Ranch Irrigation Survey CS*4) and a unique formatting linkbase specification which enables rich presentation information to be stored and managed in an XBRL compliant way. Early customers for XMetaL's XBRL technology have included several leading members of the XBRL consortium. CFOs can realize important benefits by integrating the xfy XBRL Solution with their existing accounting systems including: - Enterprises can eliminate human error and increase the accuracy of financial documents such as annual reports by connecting data and figures in documents directly to the accounting sources - Accounting team can develop financial documents including Balance Sheets, Profit and Loss plus Cash Flow statements more quickly and accurately by using the benefits and power of XBRL without having to have any programming ability. - The xfy XBRL Solution can be a comprehensive BI (Business Intelligence) tool allowing senior management, investors and analyst personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. views of financial data. The xfy XBRL Solution is the best tool for executives to understand their business environment more effectively and for enterprises to make financial reporting and documentation work more efficiently. Justsystems will continue to actively develop the xfy XBRL solution, utilizing the company's technology and experience in XML document management. *1: Taxonomy taxonomy: see classification. taxonomy In biology, the classification of organisms into a hierarchy of groupings, from the general to the particular, that reflect evolutionary and usually morphological relationships: kingdom, phylum, class, order, : Definition of relationship among financial data *2: Instance : financial data itself *3: XBRL (eXtensible Business Reporting Language) Conformance Suite *4: FRIS(Financial Reporting Instance Standards 1.0) Conformance Suite About the xfy XBRL Solution 1. Create accurate financial reports faster Up to now, the main role of XBRL solutions has been to edit financial data for instances configured from taxonomies. The xfy XBRL Solution can automatically generate an instance view that matches a given taxonomy. The xfy XBRL Solution provides user friendly operation similar to a word processing word processing, use of a computer program or a dedicated hardware and software package to write, edit, format, and print a document. Text is most commonly entered using a keyboard similar to a typewriter's, although handwritten input (see pen-based computer) and program, not just a simple financial data entry form. It also provides an environment where data can be easily be added to a document whenever necessary. As a result, the xfy XBRL Solution can create financial reports (e.g., annual reports) very quickly from the instance and taxonomy. 2. Create analysis materials easier Combine multiple financial statements and create analysis materials easier. The document-like user interface for XBRL financial data enables various reports to be created faster and easier. For example, a user can reference and summarize the contents from various financial statements, and easily produce business analysis and performance reports such as ROE, ROA ROA See: Return on assets ROA See: Right of accumulation ROA See return on assets (ROA). , and EVA Eva to marry winner of singing contest. [Ger. Opera: Wagner, Meistersinger, Westerman, 225–228] See : Prize 1. Eva - A toy ALGOL-like language used in "Formal Specification of Programming Languages: A Panoramic Primer", F.G. , and multi-year profit/loss calculations. Based on such data, the business can produce reports with graphs comparing sales trends. 3.Includes comprehensive XBRL data management server functionality The xfy XBRL Solution provides a server environment, linked to a database, for managing and operating XBRL. - Repository A repository enables management and changes to storage of schemas and linkbases configuring a taxonomy and instances corresponding to a taxonomy. - Validation With XMetaL(R) XBRL Technology at the core, the xfy XBRL Solution provides more extensions to the validation technology. You can validate taxonomies and instances based on the international standard specifications of XBRL CS, FRTA FRTA Franklin Regional Transit Authority (Massachusetts) FRTA Fire/Rescue Training Academy (Maryland) CS, and FRIS CS. - Versioning With version management of taxonomies and instances, you can call up desired financial data at any time. - Document security management Access to functionality can be customized to match your usage level. In addition you can use XML encryption XML Encryption is a specification that defines how to encrypt the content of an XML element. It's recommended by the W3C. XML Encryption encompasses the encryption of any kind of data, including the encryption of XML. technology can also limit access to all or part of an instance, taxonomy, or financial document. 4.Other features - Annotations can be added to financial data documents. The history of different user comments entered on a financial report and information about the creator(s) can be managed. - Composite XML documents are easily created By handling even XBRL documents as XML composite documents, the following become possible: i. XBRL documents can be used and operated as part of other XML documents or XML forms. ii. SVG (Scalable Vector Graphics) A vector graphics format from the W3C for the Web that is expressed in XML. Introduced in 2001, SVG was designed to become the standard vector format just as GIFs and JPEGs have become the standard bitmaps for the Web. (Scalable Vector Graphics (graphics, World-Wide Web) Scalable Vector Graphics - A W3C standard for vector graphics, based on XML. http://w3.org/Graphics/SVG/. ) can be used for precise graphical representations. Also, when necessary, user-defined functionality can be added by using the XVCD XVCD eXtended Video Compact Disc (pseudo standard derived from Video Compact Disc, VCD) XVCD Extended Video Cd script language See scripting language. . - Planned Support for XBRL Formula Users will be able to freely define analytical expressions In mathematics, an analytical expression (or expression in analytical form) is a mathematical expression, constructed using well-known operations that lend themselves readily to calculation. , and share verification know-how among users. Notes: * The information mentioned or described in this news release is subject to change without notice due to improvements. * Names of companies and products mentioned are trademarks or registered trademarks of the respective companies. About Justsystems, Inc. Justsystems, Inc., based in Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , CA, is a sub-subsidiary of Justsystems Corporation (JASDAQ Jasdaq See: Japanese Association of Securities Dealers Automated Quotation System : 4686). Justsystems Corp., based in Tokushima, is one of the largest software developers and vendors in Japan. Since its inception, Justsystems has recognized the power of information, developed technologies and know-how to process natural language as a fundamental means of communication, and delivered diverse products and services. During the formative stages of the PC era in Japan, Justsystems made significant contributions toward establishing the Japanese computing environment, and in recent years has been active in Java- and XML-themed technology development. Source: Justsystems, Inc. Contact: Press contact US: Palo Alto Office Hideki Hiura Tel: 1 650-330-2330 E-mail: prusa@justsystems.com Press contact Japan: PR & IR Office Justsystems (Matsumoto and Sawazaki) Tel: +81-3-5412-3952 E-mail: prg@justsystem.co.jp Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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