(04/17/2006)
RIVET SOFTWARE ANNOUNCES BETA AVAILABILITY OF DRAGON TAG 2006 AND DRAGON VIEW 2006
New Versions Offer Increased Functionality and Usability, Enabling Easier Adoption of XBRL
DENVER-April 17, 2006 - Rivet® Software, an innovator in Financial Integrity Management™ and XBRL solutions, today announced the Beta availability of Dragon Tag™ 2006 and Dragon View™ 2006. These new versions of Rivet's XBRL (Extensible Business Reporting Language) personal productivity applications contain new features and enhancements that continue to provide industry-leading support for XBRL, making it easy for companies and regulators to adopt the worldwide standard for business reporting. Dragon Tag 2006 and Dragon View 2006 continue Rivet's focus on providing easy-to-use and affordable XBRL applications to accounting and finance professionals that mask the underlying complexity sometimes associated with XBRL adoption.
The new releases of Dragon Tag and Dragon View include the following new features:
- Multiple core/base XBRL taxonomies within a single company extension taxonomy for marking up both financial and non-financial information
- Automatic ratio calculation based upon information contained within XBRL financials
- Extended support for marking up more complex business report information requiring advanced XBRL taxonomy concepts (nested tuples, enumerations, choice elements, etc.)
- Ability to copy company extension taxonomies prior to making new/additional changes when marking up successive business reports
- Ability to export XBRL taxonomies, financials and calculated ratios into an already existing Microsoft Excel® workbook
- Enhanced validation and review of markup information prior to creating XBRL financials
XBRL and the move to embrace interactive data continue to gain prominence in projects across the world. Market demand for solutions that make creating, reviewing and collecting XBRL information simple, affordable and fast also continues to increase. Rivet is the only company in the industry providing a suite of easy-to-use XBRL solutions that include document markup, Microsoft® Office support and free XBRL viewing.
"Dragon Tag 2006 and Dragon View 2006 meet the increased global demand of XBRL head-on by offering a host of new features and usability enhancements," said Rob Blake, Vice President of Product Marketing for Rivet Software. "By making our XBRL suite even more functional and user-friendly, Rivet is continuing its mission to advance XBRL adoption by providing companies of all sizes the solutions they need to meet regulatory compliance requirements such as the SEC's Voluntary Filing Program."
About Dragon Tag and Dragon View
Rivet's Dragon Tag 2006 XBRL enabler and Dragon View 2006 XBRL viewer applications provide a complete markup, creation and review solution for companies and regulators looking to adopt XBRL. Dragon Tag 2006 is a Microsoft Word and Excel® add-in that enables financial professionals to create XBRL documents via "drag and drop" functionality. Dragon Tag's markup, markup review, validation and export capabilities ensure XBRL documents are created quickly and correctly.
Dragon View 2006 provides simple, yet powerful XBRL document viewing and reviewing functionality without requiring advanced knowledge of XBRL. Dragon View, the free version, offers robust viewing and display options related to XBRL taxonomies and instance documents. Dragon View 2006 Premiere offers additional viewing options, automatic ratio calculations and the ability to export information to Microsoft Excel.
Pricing and Availability
Dragon Tag 2006 Beta and Dragon View 2006 Beta are now available for download from the Rivet Web site. Pricing is expected to be $795 for Dragon Tag 2006, $495 for Dragon View 2006 Premiere and $995 for a bundled purchase of Dragon Tag and Dragon View 2006 Premiere upon final release in June 2006. A free version of Dragon View 2006 will also be available.
About Rivet Software
Rivet Software is an innovator in developing effective and easy-to-use Financial Integrity Management and XBRL applications. Based in Denver, Colorado, USA, Rivet Software is focused on addressing new worldwide technology requirements for the business reporting and accounting community. All Rivet Software products adhere to the emerging XBRL global reporting standard and work with the de facto standard desktop software, Microsoft Excel and Word. The company's management team includes industry veterans, founding members of the XBRL community and past advisors to the American Institute of Certified Public Accountants (AICPA). For additional information, please visit www.rivetsoftware.com.
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© 2006 Rivet Software, Inc. All rights reserved. Rivet, Dragon Tag and Dragon View are either registered trademarks or trademarks of Rivet Software, Inc. in the United States and/or other countries. All other trademarks are the property of their respective owners. |