EDGAR Online and PricewaterhouseCoopers announced they have signed an agreement that will give EDGAR Online the exclusive right to market the XML-based output of the popular EDGARSCAN software developed by PricewaterhouseCoopers. EDGARSCAN, which is currently available only via the PricewaterhouseCoopers Web site, is technology for parsing financial data from SEC documents filed by public companies. EDGARSCAN, for which PricewaterhouseCoopers has sought patent protection, is used by accountants, financial analysts, and other professionals to extract and analyze income statement, balance sheet and cash flow data from EDGAR documents. The agreement will enable EDGAR Online to create XML data feeds using EDGARSCAN and to sell the feeds directly to high volume users who want to use this data on their Intranets and for internal analytics. EDGAR Online and PricewaterhouseCoopers anticipate their agreement will be extended to include data using the XBRL (extensible business reporting language) standard for online financial reporting recently introduced by a consortium of more than 30 companies and financial organizations. www.edgar-online.com/news, www.pwcglobal.com
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