BUFFALO, N.Y. and SUNNYVALE, Calif., July 20, 2011 (GLOBE NEWSWIRE) -- Insight2Infinity, an eXtensible Business Reporting Language (XBRL) solution provider, and Compliance Xpressware (CX) LLP, a Silicon Valley-based software company that enables reporting issuers to achieve compliance with the SEC's EDGAR filing mandate, today announced that they have formed a strategic partnership. Under the partnership, the two companies have agreed to an ongoing business relationship that will enable Insight2Infinity's customers to meet SEC's HTML/XBRL compliance requirements.
Insight2Infinity will subscribe to CX's flagship product, Xpressfiler, a cloud-based, end-to-end solution for EDGAR filings. Xpressfiler comes with three core modules: XpressHTML to convert documents to EDGAR HTML, Xpressbuilder to create company-specific taxonomy based on US GAAP and IFRS and finally, XpressBRL, a smart automated tool to produce XBRL files based off the taxonomy and HTML files.
"Insight2Infinity is an XBRL consulting service dedicated to providing public companies the highest level of one-on-one care with regards to meeting the recently mandated filing requirements," said Fuad Rahman, Chief Executive Officer of CX. "We are very happy that Insight2Infinity decided to team up with CX to offer an end-to-end solution to their clients — removing the complexity and confusion of dealing with multiple vendors; while at the same time meeting the compliance deadlines within budget."
"CX offers an elegant end-to-end solution for EDGAR filings," said Joseph Ryba, CPA and founder of Insight2Infinity. "We chose to adopt Xpressfiler because it offers a single entry solution for our clients' filing needs. It is able to create EDGAR HTML directly from customers' documents and then use that HTML file directly to create XBRL documents — all within the same tool — allowing us to focus on what we do best: offer one-on-one consulting services to create the best XBRL representation of our clients' financial data."
To learn more about Insight2Infinity, go to http://www.insight2infinity.com/. To learn more about CX, go to http://www.compliancexpressware.com. For more information on Xpressfiler, please visit http://www.compliancexpressware.com/xpressfiler.php.
About Compliance Xpressware LLP
Compliance Xpressware (CX) LLP enables reporting issuers to achieve compliance with the SEC's mandate for EDGAR filing. Xpressfiler, the company's cloud-based, end-to-end solution, 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 Insight2Infinity
Founded by Joseph H. Ryba, a licensed CPA, Insight2Infinity merges two distinct, equally important skill-sets to meet the information exchange, and reporting challenges faced by business entities in today's global marketplace. The two critical skill-sets needed to meet the current SEC's mandate are accounting expertise and technical skills. While there are many entities that possess one or the other of these skills, Insight2Infinity is unique in that they possess both. As a one-stop shop, Insight2Infinity meets all of your SEC filing needs. They will create the EDGAR-ready HTML and XBRL files so that you only work with one single vendor rather than juggling your important financial information between multiple vendors. For more information, please visit http://www.insight2infinity.com/.
All brand names and product names are trademarks or registered trademarks of their respective companies.