Compliance Xpressware Unveils Xpressfiler, a Comprehensive EDGAR Filing Solution Designed for Filing Agents

Xpressfiler Enables Filing Agents to Remain Competitive in an XBRL World

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| Source: Compliance Xpressware LLP

SUNNYVALE, Calif., March 2, 2011 (GLOBE NEWSWIRE) -- Compliance Xpressware LLP (CX), a Silicon Valley-based software company that enables Reporting Issuers to achieve compliance with the SEC's mandate for eXtensible Business Reporting Language (XBRL), today unveiled Xpressfiler™, a suite of EDGAR filing software tools designed specifically for filing agents. Xpressfiler uses the latest in software technology and hosting options to bring unparalleled performance in terms of accuracy, speed and ease of use. The solution is cloud-based and runs on Amazon Elastic Compute Cloud (EC2).

Xpressfiler contains three core modules that are seamlessly integrated within Xpressfileritself, but they can also be subscribed to individually:

  • XpressHTML™ – converts Word® to EDGAR HTML
  • Xpressbuilder™– creates company-specific taxonomies
  • XpressBRL™– automatically tags HTML files to produce XBRL files

Xpressfiler is a result of the collaboration between CX and Apurba Technologies Inc., a Santa Clara, CA-based software company that develops cutting-edge financial document processing solutions. "We have developed a partnership with Apurba that will help us create and maintain proprietary software tools that ease the burden of financial reporting," said Andrew Danneffel, chief technology officer of Compliance Xpressware. "Apurba has an extensive background in developing software for SEC filings, and we have leveraged the company's expertise to create a suite of tools that will help the small and medium size filing agents remain competitive in an XBRL world."

"When it comes to financial reporting, the filing agents are an integral part of the XBRL filing process," said Mohammad Almamun, VP of business development for Apurba Technologies Inc. "We had the filing agent in mind when we collaborated with CX on technology development. We wanted to deliver a robust, end-to-end solution for this market using processes they were familiar with and an intuitive interface."

To learn more about Compliance Xpressware LLP, please visit http://www.compliancexpressware.com. For more information on Xpressfiler, please visit http://www.compliancexpressware.com/software.php.

About Compliance Xpressware LLP

Compliance Xpressware LLP (CX) enables Reporting Issuers to achieve compliance with the SEC's mandate for XBRL Reporting. Xpressfiler, the company's cloud-based, end-to-end solution for EDGAR filings, is a comprehensive software suite that is both affordable and easy to use. Based in Sunnyvale, California, CX was formed by experienced software technologists and filing agents, dedicated to helping public companies report to the SEC. For more information, please visit http://www.compliancexpressware.com.

About Apurba Technologies Inc.

Apurba Technologies Inc. is a software development company that creates software with simple, intuitive user interfaces based on cutting-edge technologies. The company's cloud-based software solutions are primarily developed using open source technologies that are platform-agnostic. Based in Santa Clara, California, Apurba was founded by a group of technology veterans who have been working on developing forward-thinking software technologies in the Silicon Valley for over a decade. For more information, please visit http://www.apurbatech.com.

Media Contact:
Elena Annuzzi
Compliance Xpressware
(650) 704-8664