Rivet Software Announces Dragon View 5.0 for Easy Viewing and Reviewing of XBRL Documents

DENVER, Sept. 8 /PRNewswire/ -- Rivet Software, the premier provider of standards-based business reporting and analytics for financial communications, announced today the release of Dragon View 5.0, a powerful yet easy-to-use software viewer for anyone interested in viewing and reviewing documents based on the eXtensible Business Reporting Language (XBRL).

Dragon View is the only XBRL viewing software on the market designed for non-technical business users. Simple to download, Dragon View empowers users to view and review XBRL-based financial statements, 10Q and 10K filings and other XBRL documents with the goal of providing greater information transparency to help business executives make more informed decisions. Dragon View is based on the same Rivet-developed technology used to power the Security and Exchange Commission's (SEC) Interactive Data Viewer, which provides a familiar end-user experience and allows users to see what their filings will look like on the SEC site before they are submitted.

Dragon View is a valuable desktop application for any company filing with the SEC. With Dragon View, users based in any location can access the most recent SEC filings and download them instantly for comparison and analysis. However, the uses for Dragon View extend beyond SEC filings to any global documents tagged using XBRL-based taxonomy such as the International Financial Reporting Standard (IFRS).  More specifically, benefits of Dragon View include:

Review SEC Company Filings

Built by business users for business users, Dragon View allows executives to easily view their SEC filings and then benchmark them against the filings of other companies. Additionally, Dragon View allows users to compare chosen tagging elements with those used by other filers prior to submission.

Export Data into Excel

With one click, Dragon View provides uses the ability to download XBRL data into Excel for easy review and comparison. Users can then filter the information to create charts and key ratios for internal or external analysis and distribution.

Create Easy-to-Read Online Reports

Posting company filings online is an SEC requirement for all publicly traded companies. Dragon View makes this information more easily consumable by a variety of stakeholders by transforming XBRL filings into an HTML "reporting book" that viewers can not only access, but easily read.

Multi-language Support

XBRL is a global standard used to tag data regardless of taxonomy or languages. For this reason, Dragon View has been built to support users worldwide.

"Our experience creating and supporting XBRL-based solutions has shown that top company executives such as CEOs and CFOs need a non-technical, easy-to-use tool for viewing XBRL-based documents," said Patrick Quinlan, President of Rivet Software. "Dragon View is the only solution on the market that solves this problem by making it simple to access information without requiring detailed knowledge of the underlying technology. This software is yet another step forward in Rivet's ongoing mission to transform and simplify business communications."

As a software solution, Rivet updates Dragon View on an ongoing basis to ensure users have access to the most current technology. It has been tested and approved by mutual fund advisors, internal and external filing preparers and global business executives. It is a desktop application which can be purchased and downloaded from the Rivet software website. More information on Dragon View can be found at www.rivetsoftware.com/products.

About Rivet Software

Founded in 2002, Rivet Software is headquartered in Denver, CO, and is the pioneer in standards-based business reporting and analytics, serving public and private companies, regulatory agencies and investor's worldwide. Rivet enables more Fortune 500 companies in meeting their SEC filings than any other company. Rivet empowers companies with control over the collection, analysis and dissemination of their internal and external financial information helping to advance the transformation of business communication. http://www.rivetsoftware.com

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Patrick Quinlan

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SOURCE Rivet Software