Filing Agent Joins Forces With XBRL Solution Provider

Compliance Xpressware and SEC Connect Form Strategic Relationship


SUNNYVALE, Calif. and SAN DIEGO, June 27, 2011 (GLOBE NEWSWIRE) -- Compliance Xpressware (CX) LLP, a Silicon Valley-based software company that enables reporting issuers to achieve compliance with the U.S. Securities and Exchange Commission's (SEC) mandate for eXtensible Business Reporting Language (XBRL) and SEC Connect LLC, a leading Filing Agent, today announced that the companies have formed a strategic relationship.

SEC Connect will make use of CX's flagship product, Xpressfiler, a cloud-based end-to-end solution for EDGAR filing that is both affordable and easy to use. Specifically designed with filing agents in mind, this HTML conversion and XBRL software suite is fully integrated, making it possible to create both HTML and XBRL documents from a single source document in a seamlessly controlled workflow. Xpressfiler uses the latest in software technology and hosting options to bring unparalleled performance in terms of accuracy and speed.

"SEC Connect is not a typical filing agent. It recently introduced the Disclosure, Collaboration and Filing (DCAF) online reporting system that lets public companies, officers, directors and institutional investors self-file the most commonly filed forms with EDGAR. DCAF is offered together with full-service EDGAR filing, as well as dedicated one-on-one services to satisfy their customer's XBRL needs," said Fuad Rahman, Chief Executive Officer of CX. "We are excited that SEC Connect has chosen CX's EDGAR filing tools and services to add to this rich level of expertise."

"We're excited to partner with Compliance Xpressware to address our clients' XBRL requirements," said Daniel W. Rumsey, founder and CEO of SEC Connect and a former attorney with the U.S. Securities and Exchange Commission's Division of Corporation Finance. "Compliance Xpressware has the necessary expertise and dedicated software solution to assist SEC Connect in ensuring that our clients are compliant with the SEC's XBRL mandate."

To learn more about SEC Connect LLC, go to http://www.secconnect.com/. To learn more about Compliance Xpressware, go to http://www.compliancexpressware.com. For more information on Xpressfiler, please visit http://www.compliancexpressware.com/software.php.

About Compliance Xpressware LLP

Compliance Xpressware (CX) LLP enables reporting issuers to achieve compliance with the U.S. Securities and Exchange Commission's (SEC) mandate for HTML and eXtensible Business Reporting Language (XBRL) reporting. Xpressfiler, the company's cloud-based, end-to-end solution for EDGAR filing 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 who are dedicated to helping public companies report to the SEC. For more information, please visit http://www.compliancexpressware.com.

About SEC Connect LLC

SEC Connect LLP is a full service financial filing agent founded by Daniel W. Rumsey, a former attorney with the U.S. Securities and Exchange Commission's Division of Corporation Finance. SEC Connect's flagship product, DCAF (Disclosure, Collaboration and Filing System) is a web-based filing platform revolutionizing the way law firms, public companies, reporting persons and others involved in the reporting process file documents with the SEC. For more information, please visit http://www.secconnect.com/.

All brand names and product names are trademarks or registered trademarks of their respective companies.


            

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