WHAT: Mike Rohan, president of Rivet Software, is available for comment on the U.S. Securities Exchange Commission (SEC) open meeting on the filing of mutual fund risk and return prospectuses in interactive data (XBRL) format. "An interactive data standard is gaining widespread interest since it allows investors to easily compare risk and return information and fund objectives across multiple funds," said Mike Rohan, president of Rivet Software. "In fact, there has already been heavy interest in the Mutual Fund Prospectus Viewer we created for the SEC. Mutual funds have also been pleasantly surprised at the ease of preparing interactive data filings using Rivet's CrossTag™ XBRL Creator." Rivet has been delivering XBRL solutions to SEC filers, investors and the SEC for more than four years. Under contract by the SEC, Rivet created the Mutual Fund Risk and Return Viewer, an online viewer to display prospectuses filed with the SEC in interactive data format. Now available on the SEC public web site, the Mutual Fund Risk and Return Viewer enables users to easily compare and contrast fund objectives, risk, and prior and prospective returns. In addition, CrossTag™ XBRL Creator allows non-technical users to easily convert financial statements, mutual fund prospectus and other business information, including notes, text and comments, into XBRL documents. WHEN: Mike Rohan, president of Rivet Software, is available for comment beginning Wednesday, May 21. Scheduling is determined upon each request. ABOUT RIVET SOFTWARE: Rivet develops innovative, easy-to-use Financial Communications and Analysis software, including XBRL creation and viewing applications, and Crossfire® Analyst, a web-based financial aggregation, analysis and publishing solution designed for accounting, finance and other business users. Rivet Software, based in Denver, Colorado, supports its products with training, user assistance and consulting services. Rivet has provided software and assistance to over half of the filers in the SEC Voluntary Filing Program. For additional information, please visit www.rivetsoftware.com.© 2008 Rivet Software, Inc. All rights reserved. Rivet and CrossTag are either registered trademarks or trademarks of Rivet Software, Inc. in the United States and other countries. XBRL is a registered trademark of XBRL International, Inc.
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