CompSci's XBRL Taxonomy Search Tool Now Available to the Public

ALEXANDRIA, Va., July 20, 2011 /PRNewswire-USNewswire/ -- CompSci Resources, LLC, a leading provider of XBRL software and services, reported today that it is making available to the public its XBRL taxonomy search tool to assist issuers and mutual funds generate their XBRL submissions to the U.S. Securities and Exchange Commission.  The simplicity of this free tool allows public companies and mutual funds to search quickly and easily for any concept within a selected taxonomy and display all applicable information associated for a selected concept.  "Financial reporting using XBRL has made complex data more accessible and far more transparent, and because of the importance of this initiative for the investing public we wanted to do our part in helping make this effort simpler, faster, and more effective," said Joe Clem, CompSci's Chief Technology Officer.

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"With years of XBRL experience, what we have found is that the complex part of generating accurate XBRL documents is the ability to easily search for the correct concept definitions within a given taxonomy", said Clem. "We decided that this tool should be made available to assist all corporate and risk/return filers with providing accurate information in their XBRL filings. Our goal as a company has always been to develop state-of-the-art technology that is easy to use, fast, reliable, and affordable – and in this case it's free."

CompSci's XBRL taxonomy search tool works with the U.S. Securities and Exchange Commission's U.S. GAAP and Mutual Fund Risk/Return Taxonomies and can be accessed from CompSci's web page at http://www.compsciresources.com.

About CompSci

CompSci Resources, LLC was founded in 1997 and has been a member of XBRL US since 2006, as well as an active member of various XBRL International working groups. CompSci develops, sells, and supports the world's best-value commercial-grade XBRL product suite. Currently being used by financial printers, filing agents, mutual fund administrators, accounting firms, law firms, and publicly traded companies, CompSci's XBRL solutions offer organizations superior service with cost-effective, state-of-the-art technology.

Visit www.compsciresources.com

CONTACT: Ron Lord, [email protected], 703-584-7178

SOURCE CompSci Resources, LLC