Toronto, ON – 2007-11-14 – 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 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:
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Access to data on Canadian mutual funds, U.S. filings, U.S. insider trading, and U.S. mutual funds
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Ability to create customized, real-time alerts for new filings on EDGAR, Canadian mutual funds, U.S. insider trading, and U.S. mutual funds
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Full text alerts
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Enhanced searching capabilities for translated documents (English and French)
DisclosureNet 4.0 is now generally available. Pricing is determined on an enterprise-based model.
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.
Media Contact:
Marisa Marzano
416-916-8798 x151
m.marzano@xpi.com