EDGAR Online, Inc. Reports Receipt of Deficiency Notice from NASDAQ

NEW YORK, July 2 NY-EDGAROnline-Notice


NEW YORK, July 2 /PRNewswire-FirstCall/ -- EDGAR(R) Online(R), Inc.
(Nasdaq: EDGR), today announced that on July 1, 2008, it received a deficiency
notice from The Nasdaq Stock Market that the Company is not in compliance with
the minimum market value of listed securities requirement for continued
listing on The Nasdaq Global Market, because the market value of the Company's
listed common stock was less than $50 million for 10 consecutive trading days
prior to June 30, 2008. Receipt of this notice has no immediate effect on the
listing of the Company's common stock.


The notice states that the Company has 30 calendar days, or until July 31,
2008, to regain compliance with the minimum market value standard.
Specifically, if at any time before July 31, 2008, the market value of the
Company's listed securities is $50 million or more for a minimum of 10
consecutive trading days, the Company will regain compliance with the minimum
standard for market value of listed securities. The notice also states that if
the Company cannot demonstrate compliance with that standard by July 31, 2008,
the Nasdaq staff will notify the Company in writing that its common stock will
be delisted from The Nasdaq Global Market.


In the event that the Company receives notice that its common stock will
be delisted, the Company will be permitted to appeal the delisting
determination to a Nasdaq Listings Qualifications Panel.   Alternatively, the
Company may apply, by no later than July 31, 2008, to transfer its common
stock to The Nasdaq Capital Market.  In order to transfer, the Company must
satisfy the continued inclusion requirements for that market, which the
Company believes it currently does and will as of July 31, 2008.  If the
Company submits a transfer application by July 31, 2008, the initiation of the
delisting proceedings will be stayed pending the Nasdaq staff's review of the
application.



About EDGAR Online, Inc.


EDGAR Online, Inc. (Nasdaq: EDGR), www.edgar-online.com, is a leading
provider of value-added business and financial information on global companies
to financial, corporate and advisory professionals. The Company makes
information and a variety of analysis tools available via online subscriptions
and licensing agreements to a large user base.



"Forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995 may be included in this news release. These
statements relate to future events and/or our future financial performance.
These statements are only predictions and may differ materially from actual
future events or results. EDGAR Online, Inc. disclaims any intention or
obligation to revise any forward-looking statements whether as a result of new
information, future developments or otherwise. Please refer to the documents
filed by EDGAR Online, Inc. with the Securities and Exchange Commission, which
identify important risk factors that could cause actual results to differ from
those contained in forward-looking statements, including, but not limited to
risks associated with (i) our ability to increase revenues, obtain
profitability and obtain additional financing, (ii) changes in general
economic and business conditions (including in the online business and
financial information industry), (iii) actions of our competitors, (iv) the
extent to which we are able to develop new services and markets for our
services, (v) the time and expense involved in such development activities,
(vi) potential acquisitions, (vii) the level of demand and market acceptance
of our services, (viii) our ability to satisfy regulatory and stock exchange
standards and requirements and (ix) changes in our business strategies.



EDGAR(R) is a federally registered trademark of the U.S. Securities and
Exchange Commission. EDGAR Online is not affiliated with or approved by the
U.S. Securities and Exchange Commission.



SOURCE  EDGAR Online, Inc.