Business Wire to Present XBRL Webinar September 24

NEW YORK--(BUSINESS WIRE)--With the initial phase of the SEC-mandated XBRL filing period drawing to a close, Business Wire will host a free webinar on September 24 featuring government and industry experts who will examine the lessons to be learned from the experiences of the more than 400 issuers that have already migrated to interactive data reporting.

“XBRL Update: Guidance for a Successful Filing”

WHO:

• Michael Becker, Business Wire's Vice President, Global Disclosure and Financial Reporting [Moderator]
• David Blaszkowsky, Director, Office of Interactive Disclosure, United States Securities and Exchange Commission
• Campbell Pryde, Vice President, Domain and Chief Standards Officer, XBRL U.S.
• Clare O'Leary, CPA, Director of Special Projects, Pfizer, Inc
• Ali Paksima, CPA, XBRL Accounting Manager, Business Wire

WHEN:

Thursday, September 24, 2009

1-2 p.m. EDT

(10-11 a.m. PDT)

Register for the free one-hour webinar, "XBRL Update: Guidance for a Successful Filing," here: https://www1.gotomeeting.com/register/166595193.

WHY:

Reflecting on the first three months since the SEC mandate went into effect, the panel will provide valuable insights on the XBRL creation process, best practices, recommendations, and next steps for current and first-time filers.

The SEC approved a tiered timetable last December for the deployment of XBRL, an electronic filing format that facilitates comparative financial analysis. According to the agency's schedule, large accelerated filers with greater than $5 billion in common equity float were obligated to submit XBRL filings to accompany new or updated financials after June 15, 2009. All remaining issuers are to be phased-in over the next two years.

About Business Wire

Business Wire, a Berkshire Hathaway company, is utilized by tens of thousands of member companies and organizations worldwide to functionally enhance and communicate investor relations and public relations content to target audiences. As a recognized disclosure service in the United States, Canada and a dozen European countries, Business Wire facilitates the simultaneous flow of market-moving press releases from corporations to financial markets and their audiences, including regulatory authorities, media, investors, financial information systems and consumer news services. Business Wire also handles XBRL tagging, document formatting and regulatory filing into EDGAR, SEDAR, FSA and other systems.

Communications professionals turn to Business Wire to optimize and issue press releases, photos and multimedia to news organizations, journalists, trade publications, search engines, and individuals, with full-text posting to web sites, online services and databases. A range of distribution options enables members to target by geography, industry, news theme and audience demographics.

Founded in 1961, Business Wire has dual headquarters in San Francisco and New York, with 30 bureaus in cities including Los Angeles, Chicago, Boston, Miami, Paris, Frankfurt, London, Brussels, Tokyo, Toronto and Sydney and reciprocal offices throughout the world. Business Wire's patented NX data platform supports XML, XHTML and XBRL code that enhances news release interactivity, social media sharing and search engine optimization. More information about Business Wire and its services is located on its website at www.BusinessWire.com.