Nasdaq-listed EDGAR Online, Inc. and Zephyr Financial Intelligence have entered into a strategic alliance, that will bring a suite of XBRL 2.0 analytical tools to market.

Zephyr Financial Technologies is an Israel-based startup and Member of the XBRL.org Consortium.

Through this partnership, Zephyr will design, build and deliver a full range of custom analytical tools powered by EDGAR Online's robust database housing over 10 years of financial statement data in XBRL format from 12,000+ companies.

EDGAR Online, Inc. is a leader in the distribution of company data and public filings for equities, mutual funds and a v    ariety of other publicly traded assets.

The scrip of EDGAR was trading at $1.21 on Nasdaq, up 29% compared to previous close, during early trading hours.