SOURCE: Bowne & Co., Inc.

December 18, 2008 15:49 ET

More Than 100 Companies Choose Bowne's XBRL Solutions to Meet SEC Requirements

Expanded Services and Extended Agreement With Rivet Software Provide Clients With Individualized Service

NEW YORK, NY--(Marketwire - December 18, 2008) - Bowne & Co., Inc. (NYSE: BNE) today announced recent enhancements to its suite of XBRL® (eXtensible Business Reporting Language) solutions, including the renewal of its strategic alliance with Rivet Software, a leader in interactive business software solutions. More than 100 companies have turned to Bowne for unique and individualized support as they prepare to submit financial reports to the Securities and Exchange Commission (SEC) in XBRL.

At its meeting yesterday in Washington, D.C., the SEC finalized the ruling requiring companies to submit financial disclosures in XBRL beginning June 15, 2009. For mutual funds, the mandate starts with initial registration statements after January 1, 2011.

Following yesterday's announcement, Rob Blake, Bowne's Director of XBRL Services and a founding member of XBRL International, recorded a podcast summarizing the critical points and details around the mandate. To listen to the podcast, which runs approximately 15 minutes, please visit www.bowne.com/XBRLpod.

"From the Securities Act of 1933 to the mandated use of EDGAR in the mid-1990s, Bowne has always been there to help our clients comply with new regulatory requirements," said Bill Penders, President of Bowne. "We're delighted to be able to offer our clients a robust set of options as they prepare to submit documents to the SEC in XBRL."

A new technology like XBRL brings with it built-in complexities, but Bowne's flexible XBRL solutions are designed to alleviate potential disruption and provide companies with individualized services that best meet their organization's unique needs. Clients have the option of choosing from the following capabilities:

--  Full service tagging leveraging Bowne's XBRL, reporting and document
    management expertise
--  Tagging consultation support that provides leading practices and
    guidance on creating and reviewing XBRL documents
--  "Do-it-yourself" tagging via Bowne Compliance Driver(SM) and Rivet
    Software's Dragon Tag™ XBRL-enabled applications
--  Filing services that include business and technical validation of XBRL
    documents, as well as automated XBRL and SEC preview renderings via the
    Bowne Interactive Viewer™ www.bowne.com/xbrl.
    

Bowne's solutions will also empower companies to integrate XBRL into their workflow processes and seamlessly file XBRL submissions along with traditional Form types.

For the latest XBRL news, Bowne's Interactive XBRL Viewer and other educational resources, please visit www.bowne.com/xbrl.

About Bowne & Co., Inc.

Bowne & Co., Inc. (NYSE: BNE) provides shareholder and marketing communications services around the world. Dealmakers rely on Bowne to handle critical transactional communications with speed and accuracy. Compliance professionals turn to Bowne to prepare and file regulatory and shareholder communications online and in print. Marketers look to Bowne to create and distribute customized, one-to-one communications on demand. With 3,200 employees in 60 offices around the globe, Bowne has met the ever-changing demands of its clients for more than 230 years. For more information, please visit www.bowne.com

Contact Information

  • Investor Relations Contact:
    John J. Walker
    SVP & Chief Financial Officer
    212-658-5804
    john.walker@bowne.com

    Media Contact:
    Pamela Blum
    Corporate Communications Manager
    212-658-5884
    pamela.blum@bowne.com

    Bowne & Co., Inc.
    55 Water Street
    New York, NY 10041
    212/924-5500