Business Services Industry

CoreFiling Announces Availability of Interactive Data Pre-Flight Module for SEC Validation

Business Wire, Oct 14, 2008

WASHINGTON -- With the SEC mandate for interactive data just around the corner, the US regulator has recently announced a new set of SEC specific checks that the Commission will be imposing on every filing in the new format.

CoreFiling is today announcing the availability of the Interactive Data Pre-Flight Module for True North, the gold standard in XBRL validation, that reviews XBRL filings for conformance with the SEC's "Public Validation Criteria." The module license allows users to download free updates as the SEC's requirements change.

"Companies that need to file in XBRL are understandably concerned that they provide their information to the SEC in compliance with all of the rules. Our new SEC validation module will help filers, their advisers, and filing agents ensure that they are preparing XBRL documents appropriately," commented CoreFiling CEO, John Turner. He went on to say: "As part of True North, the new module gives users maximum confidence that their filings conform to the rules set down by the SEC and the various XBRL specifications."

The Interactive Data Pre-Flight Module is available now as an optional module for True North Personal Validator. It can also be purchased for use with other versions of True North and special bundled pricing is available for customers that purchase the True North Personal Validator together with SpiderMonkey Professional. Visit www.corefiling.com or contact info@corefiling.com for further details.

About CoreFiling

CoreFiling is a privately held company which specialises in XBRL products and consultancy, known for its high quality modelling, data validation and development services. It serves filers, regulators, exchanges and the financial community. CoreFiling's major shareholders include Business Wire, the global leader in financial news distribution, a wholly-owned subsidiary of Berkshire Hathaway, and DecisionSoft, the world's premier XBRL components vendor.

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