Exhibit 99.01
For Immediate Release CONTACT: Jay Sears
- --------------------- SVP, Business & Strategy Development
203.852.5666
sears@edgar-online.com
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EDGAR(R) Online(R) Adds McIntyre to Board of Directors and
Audit Committee; Announces Executive Changes
South Norwalk, CT--January 27, 2003--EDGAR(R) Online(R), Inc. (Nasdaq: EDGR)
today announced Douglas McIntyre, Chairman, CEO and President of On2
Technologies (Amex: ONT), has joined the company's Board of Directors and will
serve as Chairman of the Audit Committee. Susan Strausberg, the company's CEO,
will assume the responsibilities of President and Greg Adams, the company's
Chief Financial Officer, will assume the responsibilities of Chief Operating
Officer. Tom Vos, formerly the Company's President and Chief Operating Officer,
will remain with the Company as a member of the Board of Directors and will
continue to provide services to the company.
Mr. McIntyre brings to the company more than twenty years of experience in
operations, investment banking, media, sales and marketing. In addition to his
financial and operating responsibilities at On2 Technologies, he serves on the
Board, Audit and Compensation Committees of TheStreet.com (Nasdaq: TSCM) and
served on the Board of the Vicinity Corporation until its sale to Microsoft last
month. Mr. McIntyre has also served as CEO and President of Future Source/Bridge
LLC and President of Switchboard, Inc. He was also President and Editor-in-Chief
of Financial World magazine.
Mr. Vos has served the company's Board since 1996 and joined the company as
COO in 1998. He added the responsibilities of President in 1999. Ms. Strausberg
is a founder of the company, and has served as CEO since its inception in 1995.
Mr. Adams has served as the company's CFO since 1999.
"Doug brings a wealth of operating and financial experience to EDGAR
Online and we look forward to his contribution towards the growth of the
company," said Susan Strausberg, CEO of EDGAR Online, Inc. "We are pleased Tom
is staying on our Board and will continue as an advisor to the company. Tom's
contributions to the company since nearly its inception have been innumerable
and invaluable."
Earnings Conference Call
EDGAR Online will hold its quarterly conference call to review results for the
fourth quarter of 2002 on Tuesday, February 4th at 5:00 p.m. Eastern Time. Susan
Strausberg, CEO and President, and Greg Adams, CFO and COO of EDGAR Online, Inc.
will host the call. To participate, please call: 1-888-577-8990 (Domestic),
1-212-287-1616 (International), PassCode: EDGAR. The call will also be
broadcast simultaneously and archived on the Internet at:
http://www.edgar-online.com/investor/. There will be a replay of the conference
call available from 7:00 p.m. (EST) on February 4, 2003 until midnight (EST)
February 11, 2003. To access the replay, please dial 1-800-627-0490 (Domestic),
1-402-220-0225 (International), any time during that period.
About EDGAR(R) Online(R), Inc.
EDGAR Online, Inc. (www.edgar-online.com) is a leader in the business
information industry, specializing in the extraction, packaging and distribution
of public company information contained in SEC filings. Based in Norwalk,
Connecticut, with offices in Maryland and New York City, the company sells
subscription products, data and services to financial institutions, corporations
and law firms.
"Forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995 may be included in this news release. These
statements relate to future events or our future financial performance. These
statements are only predictions and may differ materially from actual future
events or results. EDGAR Online, Inc. disclaims any intention or obligation to
revise any forward-looking statements whether as a result of new information,
future developments or otherwise. Please refer to the documents filed by EDGAR
Online, Inc. with the Securities and Exchange Commission, which identify
important risk factors that could cause actual results to differ from those
contained in forward-looking statements, including, but not limited to risks
associated with changes in general economic and business conditions (including
in the online business and financial information industry), actions of our
competitors, the extent to which we are able to develop new services and markets
for our services, risks in connection with our recent acquisition and other
acquisitions which we may consummate in the future, the time and expense
involved in such development activities, the level of demand and market
acceptance of our services and changes in our business strategies.
EDGAR(R) is a federally registered trademark of the U.S. Securities and
Exchange Commission (SEC). EDGAR Online is not affiliated with or approved by
the U.S. Securities and Exchange Commission. EDGAR Online is a product of EDGAR
Online, Inc.