Business Services Industry

JustSystems Puts XBRL into Plain English with YouTube Video

Business Wire, May 22, 2008

XBRL Demystified, Business Advantages Explained for Publicly Traded Organizations, Financial Analysts, Brokers and Personal Investors

NEW YORK -- JustSystems, the largest independent software vendor in Japan and a worldwide leader in XML and information management technologies, today announced that its video, "XBRL in Plain English," is available on YouTube. Publicly traded organizations, financial analysts, brokers, personal investors, and others ready to have eXtensible Business Reporting Language (XBRL) demystified and learn about its business advantages can view the video at http://www.youtube.com/watch?v=5F1E-2LkhW8.

"XBRL in Plain English" comes as JustSystems prepares for its June 5 webinar with EDGAR Online, the U.S. Securities and Exchange Commission, and XBRL International, "Readying for the XBRL Mandate: A Proactive Approach to Surviving and Thriving in the New World of Interactive Data and Financial Reporting." As the webinar title suggests, the upcoming SEC mandate to file financial reports in XBRL is pushing the technology into the limelight.

"Finance people aren't typically interested in low-level technology discussions," said Jake Sorofman, senior vice president of marketing and business development for JustSystems. "Financial people want to hear about better ways to do business. That's what XBRL is -- a better way to create, share, and distribute the financial information that drives business. In plain English, XBRL reduces costs, improves information access, and makes it possible to conduct near real-time financial analysis."

What does XBRL means to the masses?

* For public organizations, XBRL will keep companies out of trouble by allowing a standard and transparent way to file financial reports to the SEC and easily share that information from one person to another, one machine to another.

* For financial analysts and brokers, XBRL delivers the big picture understanding of how companies relate to one another with near real-time access to financial information and the ability to dynamically compare that information across different companies.

* For personal investors, XBRL delivers meaning and context of financial information for managing personal portfolios.

For more information on JustSystems, please visit http://www.justsystems.com/ and the JustSystems Knowledge Center at http://na.justsystems.com/KnowledgeCenter.> Recent News and Resources

News release: JustSystems Launches Campaign for XBRL Success; http://na.justsystems.com/releases.php?id=176

News release: JustSystems Contributes Key XBRL Rendering Technology to Financial Community; http://na.justsystems.com/releases.php?id=177

About JustSystems

JustSystems is a leading global software provider with three decades of successful innovation in office productivity, information management, and consumer and enterprise software. With over 2,500 customers worldwide and annual revenues over $110M, the company is continuing a global expansion strategy that includes the launch of its new enterprise software offering called xfy (pronounced 'x-fie'), and XMetaL content lifecycle solutions. A Gartner "Cool Vendor" selection in 2008, JustSystems has worldwide office locations including global headquarters in Tokyo, and regional offices in New York, Palo Alto, Vancouver, and London. The company currently employs over 1,000 people. Major strategic partnerships include IBM, Oracle and EMC. For more information, please visit http://www.justsystems.com/.> All brand names and product names are trademarks or registered trademarks of their respective companies.