Backbone is about business, technology, lifestyle, innovation, bold ideas, trends and events
 

XPI launches DisclosureNet 4.0   |  November 16, 2007  

DisclosureNet 4.0 speeds and simplifies searches for corporate disclosure information for customers in the corporate, accounting, investor, legal and government markets

TORONTO, Nov. 14 /CNW/ - XPI, a leading provider of online solutions for corporate disclosure information, today announced the launch of DisclosureNet 4.0, the latest version of the company's flagship product. DisclosureNet enables users to perform targeted searches on specific corporate disclosure documents filed in Canada via the System for Electronic Document Analysis and Retrieval (SEDAR) and the System for Electronic Disclosure by Insiders (SEDI). With DisclosureNet 4.0, users can now perform the same targeted searches of documents filed with the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR) in the United States.

DisclosureNet is an online solution that assists corporate financial professionals, accountants, lawyers, institutional investors and the government with the research and preparation of disclosure documents filed by publicly traded companies. DisclosureNet's full-text search and robust criteria allow users to find specific pieces of information contained within SEDAR, SEDI and EDGAR documents, such as particular contracts, financial notes, agreements, opinions, competitive information, inside trade transactions and precedent examples. Instead of spending hours skimming hundreds or thousands of documents for a specific piece of information, users can now perform targeted searches on millions of disclosure documents and retrieve relevant information within seconds.

"DisclosureNet has been a valuable tool for increasing our productivity by quickly providing very specific results when searching for information that is publicly available through the Canadian disclosure system," said Monique Rabideau, Partner, Corporate and Securities Law Groups, Fogler, Rubinoff LLP. "It is easy enough that anyone can use it without reading any lengthy instructions. Our clients have been impressed by how quickly we are now able to provide them with the information they require, and we are happy to be able to get the job done in a timelier manner than before."

The ability to search and access corporate disclosure documents filed with EDGAR now enables Canadian companies that are traded in the United States to keep up with best practices of their American peers and competitors to ensure that their disclosure is compliant with regulations. In addition, DisclosureNet 4.0 simplifies the research process for companies in a variety of industries that routinely deal with cross-border issues such as contract negotiations, financial transactions, and branch offices.

"The rapidly changing disclosure environment in Canada and the United States is making it a challenge for companies, and the professional firms that assist them, to keep up with best practices and ensure that they are meeting compliance standards," said Stephane Jasmin, President of XPI. "By providing quick and easy access to specific information contained within the latest corporate disclosure documents, DisclosureNet empowers publicly traded companies and other institutions involved in the corporate disclosure process to enhance the quality of their research and disclosure."

New features of DisclosureNet 4.0 include:
- Access to data on Canadian mutual funds, U.S. filings, U.S. insider trading, and U.S. mutual funds
- Ability to create customized, real-time alerts for new filings on EDGAR, Canadian mutual funds, U.S. insider trading, and U.S. mutual funds
- Full text alerts
- Enhanced searching capabilities for translated documents (English and French)

DisclosureNet 4.0 is now generally available. Pricing is determined on an enterprise-based model. For additional information on DisclosureNet 4.0, please visit www.disclosurenet.com

About XPI
XPI is an innovative Canadian company committed to building a global disclosure network that facilitates the process for timely, secure, and compliant creation, dissemination and analysis of disclosure documents. The company's flagship product, DisclosureNet, enables users to perform targeted searches and receive alerts on specific corporate disclosure documents filed with SEDAR, SEDI and EDGAR. DisclosureNet has wide-spread adoption in the Canadian investment, legal, accounting, government, regulatory, corporate and shareholder markets. For more information, please visit www.xpi.com.

For further information: Marisa Marzano, (705) 484-5105, Marzano@xplornet.com

© 2005 CNW Group Ltd, all rights reserved
 
Backbone magazine Speakers' Corner 


Insightful business speaker Jim Harris talks innovation in 
Speaker's Corner 

Start Me Up Innovation Campaign

Backbone magazine latest digital issue

Backbone's Cloud Portal

Backbone's Digital Economy Acceleration Committee

Backbonemag on Twitter