--  Michael Schlanger, Vice President, Business Development and Strategy
      of Merrill Corporation
  --  Charles Callan, Senior Vice President of Broadridge Financial
      Solutions
  --  Mohamoud Jibrell, Chief Technology Officer of The Ford Foundation

Michael Schlanger joined Merrill Corporation in 2000. Mr. Schlanger develops transaction and compliance product strategies focusing on customers, markets and technologies and is leading Merrill’s XBRL service offering. Prior to joining Merrill, Mike performed numerous roles with other companies, including sales, sales management, division President and business development.

Charles Callan is responsible for government relations, regulatory affairs and policy research and analysis at Broadridge, and is a recognized expert in shareowner communication. At Broadridge, Mr. Callan championed the development of a taxonomy for proxy statement filings which has since been donated to XBRL US. The consortium will be incorporating that taxonomy into the XBRL US framework in 2009.

Mohamoud Jibrell is the Chief Technology Officer of the Ford Foundation and is responsible for information technology in the Foundation’s 13 global locations in Africa, Asia, Latin America, Russia and New York City. Prior to coming to the Foundation, he was the CIO of the American Psychiatric Association, spent 10 years in product management and IT management roles at Thermo King Corporation (formally a division of Westinghouse and now a division of Ingersoll Rand), and worked as a Mechanical Engineer at Otis Elevator (a division of United Technologies Corporation).

“The appointments of Chuck Callan and Mike Schlanger reaffirm XBRL US’ commitment to continuing our work on the use of structured data in the US capital markets. Their experience in this area will serve us well as we develop new taxonomies and tools,” said Mark Bolgiano, President and CEO, XBRL US. “And we are delighted to have Mohamoud Jibrell join the Board as his expertise in technology and in the nonprofit world will allow us to further expand the footprint for structured data.”

Mr. Jibrell and The Ford Foundation bring the consortium a unique knowledge-base in nonprofit reporting that could help XBRL US seek out new opportunities for XBRL, e.g., Form 990, the annual reporting form for federally tax-exempt organizations that must file with the IRS.

“Structured data can improve and simplify the reporting process in the nonprofit world,” said Mr. Jibrell. “As a member of the XBRL US Board, I look forward to directing XBRL US into a new arena where XML-based tags can improve the reporting process.”

  XBRL US Board members returning for the 2009 calendar year are:

  --  Alfred R. Berkeley, Chairman and CEO, Pipeline Trading Systems
  --  Donald Donahue, Chairman and CEO, The Depository Trust and Clearing
      Corporation
  --  Barry Melancon, President and CEO, AICPA
  --  Randy Fletchall, Vice Chair, AABS Professional Practice & Risk
      Management, Ernst & Young LLP
  --  Taylor Hawes, Controller, Global Platforms and Operations, Microsoft
      Corporation
  --  Sunir Kapoor, President and CEO, UBmatrix
  --  Phillip Moyer, President and CEO, Edgar Online
  --  Mike Starr, Chief Operating Officer, Grant Thornton International
  --  Sam Ranzilla, Partner-in-Charge, Professional Practice, KPMG
  --  David Sharpe, Partner, National Professional Services Group,
      PricewaterhouseCoopers

In addition, Ray Lewis, Leadership Partner, Regulatory and Public Policy Group, Deloitte LLP, has assumed Robert Kueppers’ Seat on the XBRL US Board.

XBRL US is responsible for developing the US GAAP Taxonomies under a contract with the Securities and Exchange Commission. The 2009 Release of the taxonomies is now out for public review and comment and can be accessed at www.xbrl.us/usgaappublicreview.

About XBRL

XBRL (Extensible Business Reporting Language) is a royalty-free, open specification for software that uses XML data tags to describe financial information for public and private companies and other organizations. XBRL benefits all members of the financial information supply chain by utilizing a standards-based method with which users can prepare, publish in a variety of formats, exchange and analyze financial statements and the information they contain. XBRL International is a non-profit consortium of approximately 500 organizations worldwide working together to build the XBRL language and promote and support its adoption. XBRL International is responsible for the technical XBRL specification and each country-specific jurisdiction works to facilitate the development and adoption of local XBRL taxonomies, or dictionaries, consistent with accounting, regulatory, and market standards and practices.

About XBRL US

XBRL US is the non-profit consortium for XML business reporting standards in the United States and is a jurisdiction of XBRL International. It represents the business information supply chain, including accounting firms, software companies, financial databases, financial printers and government agencies. Its mission is to support the implementation of XML business reporting standards through the development of taxonomies relevant for use by US public and private sectors, working with a goal of interoperability between sectors, and by promoting adoption of these taxonomies through the collaboration of all business reporting supply chain participants. XBRL US has developed taxonomies to support U.S. GAAP and common reporting practices under a contract with the Securities and Exchange Commission. The XBRL US GAAP Taxonomies are available for public comment at http://usgaap.xbrl.us/.

Related Links:

http://www.xbrl.us/

Source: XBRL US, Inc.

CONTACT: Michelle Savage, Vice President, Communication, XBRL US, Inc.,
+1-917-747-1714, michelle.savage@xbrl.us

Web Site: http://usgaap.xbrl.us/
http://www.xbrl.us/

Statement From SEC Chairman Christopher Cox

Washington, D.C., Dec. 18, 2008 — Securities and Exchange Commission Chairman Christopher Cox today made the following statement:

“I commend President-elect Obama on his outstanding choice of Mary Schapiro to chair the Securities and Exchange Commission after my service ends next month. I have worked closely with Mary for many years on a wide range of financial industry and market regulation efforts, including the creation of FINRA and the protection of senior investors, and she has always been a consummate professional. Her experience at both the CFTC and SEC will be invaluable in tackling the challenges of regulatory restructuring that the next Congress will face. She is deeply committed to protecting investors and ensuring the integrity of our markets, and I know that the employees and alumni of the SEC join me in congratulating Mary and wishing her a smooth and expeditious confirmation.”

Source: http://www.sec.gov/news/press/2008/2008-299.htm

(Logo: http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO )

“Today’s ruling by the SEC heralds a new era for business communications as XBRL offers the potential to revolutionize how financial data is transmitted and analyzed,” stated Scott Mozarsky, chief strategy and development officer, PR Newswire. “In our estimation, the integration of XBRL will create significant productivity gains and offer benefits for everybody who utilizes financial data in their occupation or daily lives, from analysts, portfolio managers and corporate officers to individual investors and the media.”

According to the SEC’s mandate, XBRL filing will follow a phased approach starting with the 500 largest US and foreign companies (defined as those with a worldwide public float of $5 billion or higher). Reporting for the first group of companies would be required on or after June 15, 2009, with XBRL submission to EDGAR and on the company’s own corporate web site. All other domestic and foreign filers would begin filing in XBRL over a phased, two-year schedule.

In anticipation of the SEC’s XBRL ruling, PR Newswire and its EDGAR filing firm, Vintage Filings, have already completed the tagging process and created extended taxonomies for a number of companies, and initiated a program that allows PR Newswire members to familiarize themselves with XBRL-based EDGAR filing and tagging requirements. PR Newswire and Vintage will continue to work closely with its members to ensure that they are fully equipped and prepared for the SEC’s mandatory filing date.

PR Newswire will also leverage its work as an XBRL activist to provide education services and industry insight to its customers. Since 2003, PR Newswire has been a member of XBRL-US, the U.S. based arm of XBRL International. Over the course of PR Newswire’s affiliation with XBRL-US, individuals at the company have assumed leadership positions within the organization and have been instrumental in leading its efforts to advance the adoption of the technology.

Mozarsky continued, “Our long-standing involvement with XBRL-US and the integration of Vintage Filings into the PR Newswire suite of services gives our members an important leg up in complying with the SEC’s mandate. Going forward, PR Newswire will to continue to expand our XBRL offerings and provide additional services that will enable our clients to reap the full rewards of this groundbreaking technology.”

About XBRL

XBRL (Extensible Business Reporting Language) is a royalty-free, open specification for software that uses XML data tags to describe financial information for public and private companies and other organizations. XBRL benefits all members of the financial information supply chain by utilizing a standards-based method with which users can prepare, publish in a variety of formats, exchange and analyze financial statements and the information they contain. Some of the world’s leading accounting, financial, government and software organizations are involved in the adoption and use of XBRL in the U.S. XBRL-US is hosted and supported by the American Institute of CPAs, one of the founding members of XBRL International. For more information on XBRL, please go to the XBRL US Web site (http://www.xbrl.org/US).

About PR Newswire

PR Newswire Association LLC (http://www.prnewswire.com/) provides electronic distribution, targeting, measurement and broadcast services on behalf of tens of thousands of corporate, government, association, labor, non-profit, and other customers worldwide. Using PR Newswire, these organizations reach a variety of critical audiences including the news media, the investment community, government decision-makers, and the general public with their up-to-the-minute, full-text news developments.

Established in 1954, PR Newswire has offices in 14 countries and routinely sends its customers’ announcements to outlets in more than 170 countries and in more than 40 languages. Utilizing the latest in communications technology, PR Newswire content is considered a mainstay among news reporters, investors and individuals who seek breaking announcements from the source. PR Newswire’s leading services include ProfNetSM, eWatch(TM), MEDIAtlas(TM), Search Engine Optimization, MediaRoom, MediaSense(TM), MultiVu(TM), U.S. Newswire, the preeminent policy newswire in the industry, Vintage Filings, the fastest growing Edgar filing company, and Hispanic PR Wire, LatinClips and Hispanic Digital Network, the foremost Hispanic communications services. PR Newswire is a subsidiary of United Business Media Limited, a leading global business media company that serves professional commercial communities around the world. For more information, go to www.unitedbusinessmedia.com.

About United Business Media Limited (www.unitedbusinessmedia.com)

United Business Media Limited (UBM) is a global media and marketing services company that informs markets and brings the world’s buyers and sellers together at events, online, in print, and with the information they need to do business successfully. UBM serves professional and commercial communities, from IT professionals to doctors, from journalists to jewelry dealers, from farmers to pharmacists around the world. UBM employs more than 6,500 people in more than 30 countries. UBM’s businesses operating in the US include CMPMedica, Commonwealth Business Media, Everything Channel, PR Newswire, RISI, TechInsights, TechWeb and Think Services. UBM is listed on the London Stock Exchange (UBM.L) and has a market capitalization of $2.5 billion.

Media Contacts:

Rachel Meranus, Vice President, Public Relations, PR Newswire at +1.201.360.6776 or rachel.meranus@prnewswire.com

Source: PR Newswire Association LLC

CONTACT: Rachel Meranus, Vice President, Public Relations, PR Newswire,
+1-201-360-6776, rachel.meranus@prnewswire.com

Web Site: http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO
http://www.unitedbusinessmedia.com/

Company News On-Call: http://www.prnewswire.com/comp/146750.html

“The current economic crisis has depleted investor confidence in the capital markets therefore the need for greater transparency in business and financial information is critical to economic recovery,” said Anthony Fragnito, CPA, CEO of XBRL International, Inc. “The SEC XBRL final rule is a significant milestone in the global adoption of a single, high-quality reporting standard which improves transparency and risk analysis. The only productive manner to deal with the overwhelming amount of business information reported is to use XBRL. Now that the SEC has made this important policy decision, it is critical to expedite this technology to rebuild investor trust and do it cost effectively. All SEC filers should consider implementing XBRL, especially if they are looking for capital market investment and are willing to demonstrate their ability to be more transparent to investors.”

XBRL is a royalty-free, open standard for the delivery of business data. XBRL allows other reporting frameworks such as mutual fund data, credit rating agencies, municipal bonds, tax and sustainability reporting. During the SEC hearing, Chairman Christopher Cox specifically referenced the benefits of utilizing XBRL to tag the core data underlying asset-backed securities.

“Reporting of the 20^th Century was facilitated by paper, reporting of the 21^st Century will be electronic and facilitated by XBRL,” said Jan Pasmooij, Chair of XBRL Europe.”

XBRL International will be holding its 19^th global conference in Paris on June 23-25 attended by key business leaders, financial service firms, software companies, stock exchanges and global regulators. Information about the conference can be obtained at: www.XBRL.org

About XBRL International, Inc.

XBRL International, Inc. (XII) is a global consortium using a cooperative effort to create a common business reporting language based on XML. This Web protocol is being developed and promoted by an international not-for-profit consortium of more than 600 major international public and private companies as well as organizations and government agencies. For more information about XBRL, please visit www.xbrl.org.

While many companies have already participated in the SEC’s Voluntary XBRL filing program, many more are still learning what they have to do to begin creating XBRL-formatted financials. XBRL US has established specific programs and created tools designed to support financial reporting preparers as they begin the process:

  --  Preparer Training Sessions "XBRL Filer Training Workshop", a program
      that will give you the basics on how to map and tag your own financial
      statements, how to block tag footnotes, issues to consider and how to
      get started.  To register, click here
      (http://xbrl.us/events/Pages/training.aspx)
  --  Free educational webinar, "XBRL for Filers", covering the planning
      process, how to map, tag and create extensions and how to guard
      against risks.  To register, click here
      (http://xbrl.us/events/Pages/current.aspx)
  --  Tools and Services Matrix, an online comparative table that outlines
      XBRL US member offerings that will help public companies create
      XBRL-formatted financials.  To view, click here
      (http://xbrl.us/101/Pages/ToolsAndServices.aspx).
  --  XBRL US GAAP data tags, the full set of elements that public companies
      will need to use to begin submitting in XBRL format.  XBRL US
      developed these tags under contract with the SEC.  The 2009 release is
      now out for a public review period that ends on January 15, 2009.
      Reviewers can view the elements and provide commentary on revisions to
      labels or definitions and on new elements that should be added at the
      public review site
      (http://xbrl.us/usgaappublicreview/Pages/default.aspx)
  --  XBRL US GAAP Taxonomies Preparers Guide, a comprehensive document on
      how to tag financials, create extensions and work with the taxonomies.
      Click here to review (http://xbrl.us/Documents/PreparersGuide.pdf).

“We recognize that XML-based reporting is a new process for most public companies”, said Campbell Pryde, Chief Standards Officer at XBRL US, “We are committed to providing the kind of training and resources to give companies the right start. And our members are at the ready with tools and services that work with the new taxonomies.”

The XBRL US GAAP Taxonomies plus information on how to use them to comply with the SEC rule can be found at http://xbrl.us/usgaappublicreview/Pages/default.aspx. Public company financial executives can find out more about the breadth of tools and services available at www.xbrl.us.

XBRL US also developed the XML tags for the Mutual Fund Risk Return Summary portion of their prospectuses which can be found at http://xbrl.us/imtaxonomies/Pages/default.aspx.

About XBRL

XBRL (Extensible Business Reporting Language) is a royalty-free, open specification for software that uses XML data tags to describe business and financial information for public and private companies and other organizations. XBRL benefits all members of the information supply chain by utilizing a standards-based method with which users can prepare, publish in a variety of formats, exchange and analyze financial statements and the information they contain. XBRL International is a non-profit consortium of approximately 550 organizations worldwide working together to build the XBRL language and promote and support its adoption. XBRL International is responsible for the technical XBRL specification and each country-specific jurisdiction works to facilitate the development and adoption of local XBRL taxonomies, or dictionaries, consistent with accounting, regulatory, and market standards and practices.

About XBRL US

XBRL US is the non-profit consortium for XML business reporting standards in the United States and is a jurisdiction of XBRL International. It represents the business information supply chain, including accounting firms, software companies, financial databases, financial printers and government agencies. Its mission is to support the implementation of XML business reporting standards through the development of taxonomies relevant for use by US public and private sectors, working with a goal of interoperability between sectors, and by promoting adoption of these taxonomies through the collaboration of all business reporting supply chain participants. XBRL US has developed taxonomies to support U.S. GAAP and common reporting practices under a contract with the Securities and Exchange Commission. The XBRL US GAAP Taxonomies are available for review at http://xbrl.us/pages/us-gaap.aspx.

  links:
  http://www.xbrl.us/
  XBRL US GAAP Taxonomies and supporting documentation
  http://xbrl.us/usgaappublicreview/Pages/default.aspx
  Register for Webinar (http://xbrl.us/events/Pages/current.aspx)
  Register for training class (http://xbrl.us/events/Pages/Training.aspx)

Access Tools and Services Matrix (http://xbrl.us/101/Pages/ToolsAndServices.aspx)

Source: XBRL US

CONTACT: Michelle Savage, Vice President, Communication, XBRL US, Inc.,
+1-917-747-1714, michelle.savage@xbrl.us

Web Site: http://www.xbrl.us/

Interactive Data and XBRL Advisory Services

Building upon 10 years of institutional knowledge in the global XBRL (eXtensible Business Reporting Language) reporting standard in which COLCOMGROUP has advised the XBRL International consortium and many of its member organizations on marketing, media relations, thought leadership, strategic alliances and sponsorship fundraising, the firm is expanding its XBRL advisory services to:

  --  Assist technology and professional services firms to develop, launch
      and/or build awareness for their XBRL and interactive data related
      services and tools.
  --  Help clients attract new customers and develop new markets for their
      XBRL-related products.
  --  Guide organizations in sourcing and raising capital to fund XBRL
      services and tool development.
  --  Perform operational and financial due diligence on companies, funds
      and investment advisors.
  --  Counsel companies in forming strategic XBRL alliances with
      complementary organizations.
  --  Help companies define and report on "CG-ROI" (corporate governance
      return on investment) through an integrated set of services that
      leverage their efforts in XBRL and complementary non-financial
      reporting such as ESG to benefit investors, analysts and other
      stakeholders.

“With today’s announcement by the U.S. Securities and Exchange Commission to mandate XBRL, it is clear that transparency and disclosure are top priorities in building a new foundation of trust among investors, analysts and regulators as well as accelerating the markets towards economic recovery,” said T. David Colgren, CEO, COLCOMGROUP. “Over the last decade, COLCOMGROUP has developed a premier global network of XBRL stakeholders in the business and financial information supply chain, including technology vendors, accounting firms, professional and trade organizations, analysts, financial/business media, regulatory and government agencies, consulting firms and data aggregators. We are uniquely equipped to put all the pieces together for our clients to leverage their investment in their XBRL platforms in order to maximize their return on that investment.”

ESG - Environmental, Social and Governance Advisory Services

With the growing importance of key non-financial information in the decision making process for investors, COLCOMGROUP is assisting companies in the areas of environmental and sustainability reporting, social responsibility and governance matters. The firm’s ESG advisory services will help companies and organizations:

  --  Develop and package their ESG messages to stakeholders, including
      investors and analysts.
  --  Maximize their return on investment in ESG initiatives through a
      coordinated series of services.

In addition, COLCOMGROUP will guide organizations in sourcing and raising capital to fund alternative energy and environment-related initiatives; assist investors in identifying viable investment vehicles in the alternative energy and environmental sectors; and advise organizations in forming strategic partnerships.

“Investors today are looking for non-financial information and insight about companies that supplement financial reports to augment their three-dimensional view of the company’s short and longer term viability and performance,” said Brad J. Monterio, Managing Director, COLCOMGROUP. “Our ESG advisory services have been designed to provide this holistic and detailed level of understanding. Recent events in global financial markets highlight the reputation and investment risk of not disclosing pertinent information such as ESG related performance. COLCOMGROUP works closely with our clients to implement best practices and to ensure this story is told effectively.”

In related news, COLCOMGROUP announced that Dorothy Price Hill has joined the firm as Director, Global Business Development. Ms. Hill has more than 20 years of global financial services experience, including risk management, management consulting as well as alternative investments advisory and fundraising with leading global firms, including Goldman Sachs International and McKinsey & Co. Ms. Hill is a graduate of Dartmouth College and received her MBA from NYS Stern School of Business.

“Given the changed global financial services landscape, we believe there are numerous opportunities to add value to our current and future clients across the XBRL, ESG and FinTech sectors,” said Dorothy Hill, Director of Global Business Development, COLCOMGROUP. “We see significant growth in these niches as well as in other sectors, including the alternative investment community. Part of our mandate will be to link entrepreneurs with capital sources, help them come to market, and position them strategically as part of the new paradigm within the global knowledge economy.”

  Inquiries should be directed to Dorothy Hill at dhill@colcomgroup.com.

  About COLCOMGROUP

Formed in 1998, COLCOMGROUP is a strategic business advisory firm based in New York. The firm offers an integrated series of services including: Financial and Corporate Media Relations; Transaction Communications; Marketing and Brand Development; Strategic Partnering; Government Affairs; and Business Development. The firm specializes in the following sectors: interactive data/XBRL and financial reporting; ESG and sustainability reporting; financial technology; wealth management; information technology; accounting; and legal. For more information, please visit www.colcomgroup.com.

Source: COLCOMGROUP

CONTACT: T. David Colgren, +1-917-587-3708, dcolgren@colcomgroup.com; or
Brad J. Monterio, +1-646-256-5296, bmonterio@colcomgroup.com

Web Site: http://www.colcomgroup.com/

“With this vote today the SEC moved financial transparency in the United States from analog to digital. The SEC was created in 1934 in the face of the depression and one of its first acts was to require companies to report to their shareholders. With the markets today in need of increased transparency, we believe this vote is as significant to 21st century investors as that first vote was to the early public market participants,” said Philip Moyer, President and CEO of EDGAR Online.

“As mentioned by Chairman Cox in his comments today, EDGAR Online has been a significant public advocate of XBRL and its potential to help rebuild investor confidence across all asset classes including equities, mutual funds and asset-backed securities,” Moyer added. “XBRL already serves as the backbone of our business and the announcement today solidifies our direction. We deliver a number of XBRL data products and solutions including XBRL enabled financial data and tools, and through our relationship with RR Donnelley, have the top XBRL conversion and filing solution for companies that have participated in the SEC’s XBRL Voluntary Filing Program.”

“XBRL provides public companies a new way to promote greater transparency in the capital markets by using a global data standard that millions of investors and analysts can access,” said Tom Juhase, President of RR Donnelley’s Financial Services offering. “Our solution with EDGAR Online enables companies to file XBRL content with the SEC in as little as a few hours through a very cost-effective, benefits-driven solution.”

RR Donnelley and EDGAR Online have collaborated to deliver XBRL filing solutions to corporations since 2005 and are the industry leaders providing this service. Both companies are members of the XBRL consortium and have a long history of supporting the XBRL standard. RR Donnelley’s leading EZ Start XBRL solution leverages EDGAR Online’s premier XBRL data creation and processing technology.

About RR Donnelley

R.R. Donnelley (NYSE:RRD) is the world’s premier full-service provider of print and related services, including document-based business process outsourcing. Founded more than 144 years ago, the company provides solutions in commercial printing, direct mail, financial printing, print fulfillment, forms and labels, logistics, call centers, transactional print-and-mail, print management, online services, digital photography, color services, and content and database management to customers in the publishing, healthcare, advertising, retail, technology, financial services and many other industries. The largest companies in the world and others rely on RR Donnelley’s scale, scope and insight through a comprehensive range of online tools, variable printing services and market-specific solutions. For more information, visit the company’s web site at www.rrdonnelley.com.

About EDGAR Online, Inc.

EDGAR Online, Inc. (NASDAQ:EDGR) is a leader in the distribution of company data and public filings for equities, mutual funds and a variety of other publicly traded assets. We deliver our information products directly to end users via online subscriptions and data licenses, and to redistributors who embed our content in their own and their clients’ Web sites.

Our proprietary automated systems allow for the rapid conversion of data and we are a pioneer and leader in the global financial reporting standard - eXtensible Business Reporting Language, otherwise known as XBRL. We use our automated processing platform and our expertise in XBRL to produce both datasets and tools and to assist organizations with the creation, management and distribution of XBRL financial reports. For more detailed information on all of our businesses or to contact us please visit our Web site at www.edgar-online.com.

Use of Forward-Looking Statements

This press release may contain “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this press release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in EDGAR Online’s filings with the SEC. EDGAR Online disclaims any obligation to update or revise any forward-looking statements.

EDGAR(R) 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.

Source: EDGAR Online, Inc.

CONTACT: David Colgren, Colcomgroup, Inc. for EDGAR Online, Inc,
+1-917-587-3708, dcolgren@colcomgroup.com

Web Site: http://www.edgar-online.com/
http://www.rrdonnelley.com/.

  2009:     The initial group, affecting approximately 500 domestic and
            foreign large accelerated filers using U.S. GAAP, with a
            worldwide public float of US$5 billion or higher, beginning
            with fiscal periods ending on or after June 15, 2009. This
            includes quarterly reports filed on Form 10-Q and annual
            reports filed on Forms 10-K, 20-F and 40-F.

  2010:     All other large domestic and foreign accelerated filers using
            U.S. GAAP beginning with fiscal periods ending on or after
            June 15, 2010, including quarterly reports filed on Form 10-Q
            and annual reports filed on Forms 10-K, 20-F and 40-F.

  2011:     All remaining domestic and foreign issuers, including smaller
            companies, using U.S. GAAP as well as foreign filers reporting
            in IFRS.

“Our partnership with EDGAR Online(R) Inc. provides an efficient, comprehensive and automated turn-key solution for inter-listed Canadian companies impacted by the SEC’s mandate,” said Nicole Guillot, Vice President, Product Management and Operations, CNW Group.

  Why choose CNW Group for your XBRL tagging solution?

      -  CNW Group's partner, EDGAR Online, is the XBRL solution leader for
         U.S. issuers who participated in the SEC's voluntary XBRL filing
         program
      -  Reduces manual tagging of the usual 80 to 100 hours down to
         approximately 24 hours for your first submission
      -  Offers XBRL tagging of fundamental financial data for U.S. GAAP,
         Canadian GAAP and IFRS
      -  Subsequent documents can be tagged in as little as 8 hours
      -  EDGAR Online, the XBRL leader, has invested more than
         US$30 million in developing its proprietary technology to deliver
         the world's only automated tagging solution

“Canadian companies can also benefit by participating in the Canadian Securities Administrators (CSA) voluntary XBRL filing program now. The benefits of doing so are three-fold: keep pace with their peers in the U.S., benefit from the learning process, and be well prepared when the CSA mandates XBRL in Canada,” continued Guillot.

Please contact CNW Group’s in-house regulatory filing experts at: 1.800.825.6133 or XBRL@Newswire.ca.

About CNW Group

CNW Group is a global leader in news and information distribution services for professional communicators. Established in 1960, CNW is part of the International PR Newswire network, reaching news outlets in 135 countries worldwide. CNW Group provides electronic news distribution, targeting, monitoring, translation, Webcast and disclosure services to corporate, government, associations, labour, non-profit and other customers worldwide. CNW Group helps Canadian and international organizations to connect with local and global audiences including the news media, the investment community and the general public. CNW Group is co-owned by two news distribution powerhouses: PR Newswire, based in New York City, USA and PA Group, based in London, UK. www.newswire.ca 1.877.CNW.7890

Source: Canada NewsWire Ltd.

CONTACT: John Mania, Manager, Regulatory Filing Services, CNW Group,
1-800-825-6133, XBRL@Newswire.ca; Joe Vecsi, Manager, Corporate
Communications, CNW Group, Dir. (416) 863-2134, Cell (647) 205-1467,
Joe.Vecsi@Newswire.ca

The SEC approved a tiered timetable for the deployment of XBRL, an electronic filing format that facilitates comparative financial analysis. According to the agency’s schedule, large accelerated filers with greater than $5 billion in common equity float must provide XBRL exhibits for any filing with new or updated financials on or after June 15, 2009. All remaining issuers will be phased-in over a subsequent two-year period.

Business Wire is uniquely positioned to help corporate issuers make a seamless shift to XBRL. It is the only commercial news wire with dedicated XBRL accounting specialists that meta tag financial statements and prepare validated instance documents for SEC submission. Business Wire’s EDGAR Desk formats the 10-Q and 10-K, adds the XBRL exhibits, and then uploads the final document to the SEC in order to satisfy all compliance obligations. Business Wire currently provides this service to more Fortune 50 companies than any other service provider and to date has created and submitted over ten percent of all XBRL filings.

Business Wire also is capable of distributing XBRL financial data over its proprietary NX news distribution platform to market-moving news services, financial information providers, investment institutions and individual investors.

“Unlike our competitors, who are forced to coordinate XBRL filings among disparate operations or outsource to remote offshore providers, Business Wire has made the strategic decision to create a dedicated in-house team for maximum proficiency, quality assurance and security,” said Michael Becker, the company’s vice president of global disclosure services, in making today’s announcement. “Our goal is to provide an end-to-end solution that will make the transitional process for filers as painless as possible.”

Business Wire, a longstanding member of the XBRL International consortium, has been a leading proponent of the XBRL initiative. CoreFiling, a collaboration with UK’s DecisionSoft, has produced many XBRL tools and services. Michael Becker also serves as co-chair of the XBRL U.S. Communications Steering Committee.

About Business Wire

Business Wire, a Berkshire Hathaway company, is utilized by thousands of member companies and organizations to transmit their full-text news releases, regulatory filings, photos and other multimedia content to journalists, news media, trade publications, institutional and individual investors, financial information services, regulatory authorities, Internet portals, information web sites, business-to-business decision-makers and consumers worldwide. With a news distribution network spanning 150 countries and 45 languages, Business Wire’s multi-channel delivery network has access to dozens of international and national news agency networks throughout the Americas, Europe, Asia, the Middle East and Africa.

The Business Wire news network is powered by its patented NX high-speed data platform and supports XML, XHTML and XBRL code to deliver the most sophisticated news file to enhance news release interactivity, customization and search engine optimization. Business Wire has 31 bureaus in cities including New York, San Francisco, Los Angeles, Chicago, Boston, Miami, Paris, Frankfurt, London, Brussels, Tokyo, Toronto and Sydney with reciprocal offices throughout the world. Business Wire was founded in 1961.