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Xyvision develops new EDGAR conversion module for SEC filings.


WAKEFIELD, Mass.--(BUSINESS WIRE)--Jan. 13, 1997--Xyvision, Inc. announced today that it has developed a new output module for its Xyvision Production Publisher (XPP XPP Windows XP Professional (Microsoft)
XPP XML Pull Parser
XPP Xyvision Production Publisher
XPP Extreme Processor Platform
XPP XML for Publishers and Printers
XPP XPML Page Parser
XPP Xyvision Parlance Publisher
) application called XyEDGAR, that easily converts Xyvision typeset files directly into the 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.  (Electronic Data Gathering Analysis and Retrieval) format required by the Securities and Exchange Commission (SEC).

Developed in conjunction with the FPNet, the international financial printing network, XyEDGAR will provide significant time savings for companies filing financial reports electronically with the SEC. Several FPNet members have purchased the XyEDGAR module, scheduled for release early in the first quarter of calendar year 1997.

"This new technology means public companies will be able to create SEC files directly from the file used for the typeset document. Timing is critical for these fast-paced, closely regulated filings, and there is often little warning before a request for substantial changes," says Craig Sisler, chair of the FPNet Technology Committee and IS Director at Capital Printing in NYC NYC
abbr.
New York City


NYC New York City
. "The ability to use the same file for typesetting typesetting: see printing.
typesetting

Setting of type for use in any of various printing processes. Type for printing, using woodblocks, was invented in China in the 11th century, and movable type using metal molds had appeared in Korea by the 13th
 and electronic filing will save valuable time and reduce the chance of errors. When last minute changes are made, they automatically will be included in the electronic version."

Financial printers who file financial documents on behalf of their customers, or who provide preprocessed materials for their customers to file themselves, need software that enables them to use the same source file for both the typeset and electronic version. Xyvision's XyEDGAR module enables users to automatically produce the electronic filing directly from the master typeset version within minutes after final changes have been made.

"Three design goals motivated the development of the XyEDGAR module: ease of use, reliability, and workflow simplification," says Jonathan Parsons Jonathan Parsons (November 30 1705-July 19 1776) was a New England clergyman during the late colonial period and a supporter of the American Revolution. Born in West Springfield, Massachusetts, he was the youngest son of Deacon Benjamin Parsons and Margaret Marshfield of , Xyvision's Director of XPP Technology.

Ease of Use

The XyEDGAR output module optimizes the formatting of the EDGAR text version automatically and robustly, without requiring that an operator add special mark-up or manually rework re·work  
tr.v. re·worked, re·work·ing, re·works
1. To work over again; revise.

2. To subject to a repeated or new process.

n.
 the file.

Reliable Output

Using the detailed knowledge about page position and character location contained within the formatted Xyvision Production Publisher (XPP) database, the XyEDGAR module converts the proportionally spaced typeset file to a monospaced file, where all text elements, including complex tables are output in accordance with the EDGAR format. This approach produces consistent, reliable, electronic output regardless of any tags or codes used in the original typeset file.

Workflow Simplification

XyEDGAR also simplifies workflow by enabling users to produce the EDGAR file with a few simple keystrokes after all corrections and updates have been entered into the typeset version. Financial printers work under extraordinarily tight deadlines and changes are frequently made right up to the last minute. In addition, penalties are very high for missing a filing deadline, often leaving little time to produce the EDGAR version. The XyEDGAR module allows an operator to work on a single source, the typeset version. When the typeset version is finally approved, the operator can produce the EDGAR filing within a few minutes.

About Xyvision

Xyvision, Inc. provides information management and document production solutions that leverage the value of an organization's information assets and automate the production of paper and digital documents. Since shipping its first systems in 1983, Xyvision has installed more than $300,000,000 in systems world wide. These systems are used by some of the world's most distinguished corporations, publishers, and publishing service providers to produce reference books, journals, catalogs, directories, financial and legal material, and technical manuals.

Xyvision Production Publisher(TM) (XPP) automates the composition and pagination (1) Page numbering.

(2) Laying out printed pages, which includes setting up and printing columns, rules and borders. Although pagination is used synonymously with page makeup, the term often refers to the printing of long manuscripts rather than ads and brochures.
 of long, complex documents and provides speed and power that is unattainable with desktop systems. Key features include background composition of complex tables and mathematical equations, high-resolution, interactive Display PostScript The graphics language used in the NeXT machine. It migrated to the Macintosh as of OS X in the form of Display PDF. Display PostScript is the screen counterpart of the PostScript printer language. It translates elementary commands in an application to graphics and text elements on screen.  WYSIWYG (What You See Is What You Get) Pronounced "wiz-ee-wig." It refers to displaying text and graphics on screen the same as they will print on paper or display on a Web page.  editor, high-quality typographic See typography.  controls, and automatic production of looseleaf insert pages. XPP outputs process and spot color A color that is printed from one printing plate which contains one matched color of ink. Spot colors are used when only one or two solid colors are needed on a page or when a color has to match perfectly and be consistent such as with a company logo or when colors are the trademark of the  separations, PostScript files, and to online delivery applications such as Adobe Acrobat(TM) and Web browsers The following is a list of web browsers. Historical
Historically important browsers
In order of release:
  • WorldWideWeb, February 26, 1991
  • Erwise, April 1992
  • ViolaWWW, May 1992, see Erwise
.

For more information visit Xyvision's Web Site at http://www.xyvision.com .

About FPNet

FPNet is an alliance of leading independent financial printers, connected via an electronic network and a common purpose: to expedite the distribution of financial documents. Utilizing the newest digital electronic technology, the network brings extraordinary speed and convenience to EDGAR filings and the distribution of public offerings, proxies, official statements, annual reports ant other financial documents.

FPNet members who typeset financial documents with Xyvision software include American Financial Printing, Cadmus Financial Communications, Capital Printing, Daniels Financial Printing, EVACO Financial Printers, Pacific Financial Printing, Packard Press New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. , Packard Press, RCI RCI Royal Caribbean International
RCI Radio Canada International
RCI Rehabilitation Council of India
RCI Residential Communities Initiative
RCI Roof Consultants Institute
RCI Remote Control Interface
RCI Residential, Commercial, Industrial
 Group,and Reardon-Parshall Company.

To learn more about FPNet visit the FPNet Web Site at http://www.fp-net.com .

CONTACT: Judy Cox

Director, Marketing Services

Xyvision, Inc.

(617) 245-4100, ext. 5312

info@xyvision.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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