XBRL US Launches Intern Program to Foster Cooperation and Build Community

Program to culminate in Pacific RimSummit and Workshop, July 28-30, 2009

WASHINGTON, April 7 /PRNewswire/ -- XBRL US announced today an internship
program for emerging XBRL practitioners as part of a summit and workshop in
San Francisco on July 28-30, 2009. The event will assemble a rapidly growing
community of professionals from around the Pacific Rim region who are
implementing the XBRL business reporting standard in both the public and
private sectors.

Interns from several countries will work alongside members of the XBRL US
consortium's development team in New York City, using practices and
technologies employed in "crowd-sourced" projects. These same practices
brought over 200 business and technology experts together to build the US GAAP
data standard now being used by the Securities and Exchange Commission (SEC)
for publicly traded companies in a move to increase transparency and decrease
costs.

"This is going to be a tremendously worthwhile experience -- not only for the
interns, but for XBRL US as well," said Campbell Pryde, the consortium's chief
standards officer responsible for XBRL US research and development. "There is
no substitute for working together on a project -- not only at the same
workbench, but in the same room. We have a lot to learn from each other."

The concept of internships grew out of conversations with government,
technology, and business leaders in Beijing, Shanghai, and Tokyo late last
year during visits by Mark Bolgiano, President and CEO of XBRL US, the
nonprofit consortium for XML business reporting standards in the United
States.

"Mark-san's vision for regional cooperation resonated with us when he came to
Tokyo and met with XBRL Japan. Interns and senior team members working
together, and the concept of 'learning by doing' are very successful
approaches to professional development and knowledge sharing in Japan. It
would be a worthwhile experiment for us to try in July," said Yuzo Takagi,
Chairman of XBRL Japan.

The United States, Japan, China and Australia have all seen pilot projects and
implementations of the XBRL standard in accounting and financial reporting,
asset-backed securities, corporate actions and proxy statements in the private
sector, and budget, taxation, and statistics in government.

San Francisco was selected by XBRL US as the location of the Summit and
Workshop events to attract technology leaders and entrepreneurs who view XBRL
as stimulating a new wave of innovation and an early manifestation of the
Semantic Web. Nearby Silicon Valley is becoming more XBRL-aware, with a
story on "Road Map for Financial Recovery: Radical Transparency Now!"
featuring XBRL in last month's issue of Wired, to a series of XBRL-related
announcements by SAP and Oracle, both based in the region.

"I'm looking forward to welcoming the best and brightest here in July -- not
only as an XBRL US member, but as a Bay Area technologist. The Pacific Rim is
not only the home of the largest economies in the world, but has long been a
hotbed of technology innovation. Using the Internet for higher quality,
lower-cost business information is an exciting prospect - and it's becoming a
reality," said Wilson So, Director, Hitachi Consulting Corporation, and
chairman of the event's committee of advisors.

XBRL US anticipates more details on the Pacific Rim Summit and Workshop in the
coming weeks. To request information about the internship program or the
conference, please contact Michelle Savage, Vice President, XBRL US, at 917
747-1714, michelle.savage@xbrl.us.

About XBRL
XBRL (Extensible Business Reporting Language) is a royalty-free, open
specification for software that uses XML data tags to describe business and
financial information for public and private companies and other
organizations. XBRL benefits all members of the information supply chain by
utilizing a standards-based method with which users can prepare, publish in a
variety of formats, exchange and analyze financial statements and the
information they contain. XBRL International is a non-profit consortium of
approximately 550 organizations worldwide working together to build the XBRL
language and promote and support its adoption. XBRL International is
responsible for the technical XBRL specification and each country-specific
jurisdiction works to facilitate the development and adoption of local XBRL
taxonomies, or dictionaries, consistent with accounting, regulatory, and
market standards and practices.

About XBRL US
XBRL US is the non-profit consortium for XML business reporting standards in
the United States and is a jurisdiction of XBRL International. It represents
the business information supply chain, including accounting firms, software
companies, financial databases, financial printers and government agencies.
Its mission is to support the implementation of XML business reporting
standards through the development of taxonomies relevant for use by US public
and private sectors, working with a goal of interoperability between sectors,
and by promoting adoption of these taxonomies through the collaboration of all
business reporting supply chain participants. XBRL US has developed
taxonomies to support U.S. GAAP and common reporting practices, the Risk
Return Summary in mutual fund prospectuses and the Schedule of Investments
under contract with the Securities and Exchange Commission. Taxonomies can be
found at http://xbrl.us/taxonomies/Pages/default.aspx.

CONTACT:
Michelle Savage, Vice President, Communication, XBRL US, Inc.
(917)747 1714
michelle.savage@xbrl.us

Links:
www.xbrl.us
XBRL US Taxonomies: http://xbrl.us/taxonomies/Pages/default.aspx

SOURCE XBRL US, Inc.

Michelle Savage, Vice President, Communication, XBRL US, Inc.,
+1-917-747-1714, michelle.savage@xbrl.us