FOR IMMEDIATE RELEASE
Media Contact:
Rob Blake
Rivet Software
+1 720.249.2100
rob.blake@rivetsoftware.com
Lara MacKenzie
Ogilvy Public Relations Worldwide
+1 303.634.2668
lara.mackenzie@ogilvypr.com
Rivet Software Delivers Breakthrough XBRL Financial Reporting
Product
Dragon Tag™ XBRL Enabler Empowers Customers such as Microsoft and Ernst & Young to
Embrace the XBRL Global Reporting Standard
DENVER, Colo., February 14, 2005 – Rivet Software, an innovator in Financial Integrity Management
solutions, today announced the general availability of its first product, Dragon Tag™ XBRL (Extensible
Business Reporting Language) enabler. Dragon Tag is the first easy to use Microsoft Office ® 2003-based
solution that removes the complexity of converting financial statements to industry-standard XBRL.
Industry leading firms such as Microsoft (NASDAQ: MSFT) and Ernst & Young and are among Dragon
Tag’s early customers and enthusiasts.
Support of the XBRL global standard continues to grow dramatically as governments, regulators and
entities around the world recognize the need to improve existing financial reporting. However, until today,
XBRL reporting has been expensive, time consuming and difficult. By leveraging Office 2003, the de facto
standard productivity suite, Rivet’s Dragon Tag provides accounting and finance professionals with the
first user-friendly application to both extend XBRL taxonomies and create XBRL documents based on
existing Microsoft Office Word 2003 and Microsoft Office Excel 2003 documents.
“In this post-Sarbanes Oxley climate, businesses must make their financial information transparent to key
stake holders. XBRL is quickly becoming the global standard for business reporting, a key step to this
transparency,” stated Rob Blake, Vice President, Product Marketing at Rivet Software. “With the launch of
Dragon Tag, Rivet has revolutionized the financial reporting industry by breaking down the barriers of
XBRL reporting, delivering a new level of ease and affordability.”
Dragon Tag provides the following benefits to help organizations lower adoption hurdles related to XBRL:

Support for the latest XBRL Specification (2.1) and XBRL taxonomies such as U.S. GAAP
(generally accepted accounting principles) and IFRS (international financial reporting standards)

“Drag and tag” simplicity allows users to quickly associate XBRL information to existing financial
data via drag and drop capabilities

Comprehensive review and validation features to help ensure accuracy prior to releasing or
submitting XBRL documents

Easy to use “wizard” process that walks users through extending an already-existing XBRL
taxonomy to meet specific reporting needs

Compliance with voluntary and mandated XBRL reporting requirements encountered by
companies involved with XBRL regulatory filing initiatives such as the US SEC’s XBRL Voluntary
Financial Reporting Program (begins March 16, 2005).
Early Users Realize Benefits
Financial professionals worldwide are facing increased demands, scrutiny and workloads related to new
compliance requirements and technologies. Rivet’s focus on Financial Integrity Management
encompasses solutions that enable financial professionals to bridge the growing gap between market
place demands and lack of available applications. Microsoft and Ernst & Young are among the first
Dragon Tag customers currently leveraging the solution for simplified XBRL reporting.
Microsoft has been an active member and supporter of XBRL since 1999 and was the first technology
company to release their financial statements in the XBRL standard in 2002. Last week, Microsoft
created its quarterly earnings release for the period ending December 31, 2004, in XBRL 2.1 format,
using Dragon Tag’s Microsoft Office 2003-based solution. “With this application, we were able to create
and release our XBRL-compliant financial report with little disruption to the normal reporting cycle,” said
Michael Ohata, Director of Business Reporting for Microsoft. “Dragon Tag’s solution provides additional
functionality to Word 2003 and Excel 2003 so that finance professionals can work directly from within the
familiar tools they use on a daily basis. ”
Ernst & Young has helped drive adoption of XBRL by spearheading both XBRL taxonomy and document
development, making Rivet’s Dragon Tag a natural fit. Ernst & Young has licensed more than 100 copies
of Dragon Tag as part of their efforts to help clients who choose to participate in the forthcoming SEC
(Securities and Exchange Commission) Voluntary Filing Program, a program that allows public
companies to submit XBRL financial information into the SEC EDGAR system.
Product Now Available
Rivet has recently announced two strategic partnerships with PR Newswire and EDGAR® Online®
(NASDAQ: EDGR) to help drive adoption and usage of Dragon Tag within the finance and accounting
community. Rivet’s partnership with PR Newswire ensures that investor relations professionals can
create and submit XBRL information for global distribution. The partnership with EDGAR Online provides
XBRL tagging capability to its financial, corporate and advisory professionals.
Dragon Tag is also available for purchase and download from the Rivet Software website
(www.rivetsoftware.com). Pricing is $299/€259/£179 per client license (comes with a 30-day free trial),
with volume, site license and academic discounts available directly through Rivet.
About Rivet Software
Rivet Software is an innovator in developing effective and easy-to-use Financial Integrity Management
applications. Based in Denver, Colorado, USA, Rivet Software is focused on addressing new worldwide
technology requirements for the business reporting and accounting community. All Rivet Software
products adhere to the emerging XBRL global reporting standards and work with the de facto standard
desktop software, Microsoft Excel and Word. The company’s management team includes industry
veterans, founding members of the XBRL community and past advisors to the American Institute of
Certified Public Accountants (AICPA). For additional information, please visit www.rivetsoftware.com.
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