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EDGAR Online Unveils More Powerful XBRL Platform and Global Sources scheduled to report third quarter 2008 results on Nov. 13, 2008
Thursday, October 16, 2008 1:00 PM


--(www.USEquityNews.com)-- 10/16/2008 - Internet Information Provider industry alert provided by U.S. Equity News. EDGAR(R) Online, Inc. (Nasdaq: EDGR) today released Version 2.0 of I-Metrix Xcelerate -- an automated eXtensible Business Reporting Language (XBRL) generation platform. "I-Metrix Xcelerate is the most robust technology platform available in the U.S. to convert the financial statements for source content into XBRL data." said Philip Moyer, CEO and President of EDGAR Online, Inc. "Our Xcelerate platform is not just for public companies that need to file 10-Ks and 10-Qs. It can be used to mine the fundamental financial information of practically any asset class. In this market the need for clarity is essential: financial institutions need to monitor the health of their loan portfolios; information companies need to mine private and public financial data; municipal bond investors need to extract financial statements; and participants in the credit derivatives market need to decipher the loans in their portfolios. These are just a few examples of where our I-Metrix Xcelerate platform and XBRL can add tremendous value to the already existing information."

Web.com (Nasdaq: WWWW), a leading provider of online marketing for small businesses, is offering small business owners the ability to develop and foster their own brand identity through its LogoYes logo and brand identity solution.

Elysium Internet, Inc. (OTCBB: EYSM), a next generation Internet advertising and new media Company, today announced that it expects to report a sequential sales increase in excess of 100% for its fiscal third quarter ended August 31, 2008 fueled by increases in sign-ups to its targeted Internet Directories. Elysium anticipates filing its third quarter form 10Q with the Securities and Exchange Commission within days.

Global Sources Ltd. (Nasdaq: GSOL) expects to release results for the third quarter 2008 before the market opens on Nov. 13, 2008. Chairman and CEO, Merle A. Hinrichs, is scheduled to conduct a conference call at 8:00 a.m. ET on Nov. 13, 2008 (9:00 p.m. on Nov. 13, 2008 in Hong Kong) to review these results in more detail. Investors in the United States may participate in the call by dialing (888) 212-8315, and international participants may dial (1-706) 643-0144. Investors in Hong Kong may call (852) 3011-4515. A live webcast of the conference call is scheduled to be available on Global Sources' corporate site at http://www.investor.globalsources.com

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(Source: iStockAnalyst )


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