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CoreFiling announce free version of SpiderMonkey at 15th XBRL International Conference in Munich

Munich, 4th June 2007

CoreFiling continued to demonstrate its commitment to the global business reporting community by announcing the free Personal Version of SpiderMonkey. This is a single–user version of the company's enterprise–class taxonomy development platform, used to define reporting terms for business reports using the eXtensible Business Reporting Language.

The Enterprise Version, providing true multi–user capabilities for collaborative taxonomy development, was announced in December 2006 and is already in use within some of the largest XBRL projects in the world. The Personal Version, which is being offered with a free licence, is intended to accelerate the development of high quality taxonomies and transfer knowledge about XBRL design to a much broader community.

"CoreFiling is committed to the widespread adoption of XBRL, globally. This announcement forms part of our ongoing efforts to help business people understand the benefits of interactive data and technologists to understand how to leverage this powerful standard in their own environments" commented John Turner, CoreFiling CEO.

"This is a fully–featured application with a user interface designed with accountants and financial analysts in mind, not just the XBRL technorati. You can use it to extend taxonomies as part of the voluntary filing programs for financial disclosure amongst companies in the United States and Canada."

Customers already taking advantage of the flexibility and power of SpiderMonkey's unique multi–user capabilities include a major Wall Street investment banking firm and NTP, the Netherlands Taxonomy Project, sponsored by the Dutch Ministry of Finance.

CoreFiling will be demonstrating the power and flexibility of the Personal and Enterprise versions of SpiderMonkey at the 15th XBRL International Conference, taking place in Munich from 3rd to 7th June. Downloadable versions of the Personal Version will be available from 4th June. Potential users should request a 'no strings attached' free copy of the Personal version from the CoreFiling website at http://www.corefiling.com/