Disclosure Insight(R) Begins Releasing SEC Records Acquired Under the FOIA

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Tue May 13, 2008 11:27am EDT

- Data on undisclosed SEC investigations and historical comment letters now
available for free.

PLYMOUTH, Minn., May 13 /PRNewswire/ -- In a move certain to make public
companies think twice about holding back disclosure of Securities and Exchange
Commission (SEC) investigations, Disclosure Insight(R) (formerly known as SEC
Insight) is releasing data it acquires from the SEC under the Freedom of
Information Act (FOIA) for free.  This includes the only data of its kind in
the private sector regarding undisclosed SEC investigations, as well as
historical SEC comment letters previously only available through a commercial
provider or filing a FOIA request.
    Disclosure Insight(R) currently tracks over 60 companies on its D.I. Watch
List(TM) where FOIA data indicates undisclosed SEC investigative activity of
some kind.  Alerts and updates on undisclosed SEC investigations will now be
provided on a complimentary basis as new FOIA data comes in.  To receive them,
simply sign up to receive the D.I. Mailbox(TM) at
http://www.disclosureinsight.com.  For a limited time, access to the D.I.
Watch List(TM) is also available to those who sign-up for the D.I.
Mailbox(TM).  No registration is required to access the historical SEC comment
letters.
    Not all SEC investigations are of consequence to investors. Like many risk
factors, SEC investigations can also have severe consequences.  To help
investors better assess and understand the risks they face when investing in
the securities of a public company, Disclosure Insight(R) is introducing its
D.I. Report(TM).  This new investment research publication examines 100
separate risk factors for a public company over a 5-year history of its
filings.  A recent D.I. Report(TM) on a major U.S. company is posted as a
sample at http://www.disclosureinsight.com.
    When asked why Disclosure Insight(R) was releasing its valuable FOIA data
for free, CEO John P. Gavin said, "As a publisher and independent research
provider, our business has always been about analysis and publishing, not
selling FOIA records. Now that we have the platform to release our FOIA
records, we hope to compel public companies to improve their disclosure
practices when it comes to SEC and other risks that are so often wrapped in
useless boilerplate or hidden from investors."
SOURCE  Disclosure Insight(R)

Disclosure Insight(R), +1-763-595-0900, media@disclosureinsight.com
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