UBmatrix Announces the Availability of its Open Source XBRL Processing Engine

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Following their December announcement at the International XBRL Conference, UBmatrix officially publishes its source code at SourceForge.net

We've seen a tremendous amount of interest resulting from our Open Source processing engine announcement last December

UBmatrix, the leading provider of XBRL-based software solutions, announced the public availability of the Open Source edition of their XBRL processing engine software. While the company will continue to offer customers a commercial version of the UBmatrix™ Processing Engine that is fully supported, scalable, and maintains continued compliance with XBRL International specifications, UBmatrix has published source code from its publicly-released Java version shipped last July to a new Open Source project on SourceForge.net.

"We've seen a tremendous amount of interest resulting from our Open Source processing engine announcement last December", remarked Joe Pistritto, Vice President of Development at UBmatrix. "There's so much buzz right now around XBRL. We are always hearing from developers who are looking for software that can help them implement XBRL solutions. We are excited to make this core XBRL application available as Open Source."

The project on SourceForge.net offers more than just the UBmatrix Processing Engine source code. It also includes a compiled run-time version, and a complete set of documentation, including sample code and an application program interface (API) guide. Developers will have all the resources they need to develop sample applications, embed XBRL capabilities into existing applications, produce and validate XBRL instance documents, read and render XBRL into the format of their choice, and more.

UBmatrix also offers a range of other valuable resources for developers:

  •     By completing the free online registration, UBmatrix xBReeze (http://www.ubmatrix.com/xbreeze) offers developers a freely downloadable copy of UBmatrix XBRL Taxonomy Designer for modeling metadata, business rules, and validation scripts.
  •     Developers registering with UBmatrix xBReeze can also join Open Source taxonomy projects to get samples of useful XBRL taxonomies and collaborate with other XBRL experts.
  •     UBmatrix xBReeze also offers tutorials for learning how to use xBReeze for project management, taxonomy version tracking, and more. Visit the xBReeze-Public domain and check out the xBReeze Training repository.
  •     The UBmatrix book "Financial Reporting Using XBRL" is one of the industry's most complete guides to using XBRL, including dozens of useful examples for business people and developers. Get your copy by visiting Lulu Publishing.

To learn more about the UBmatrix Open Source project, to join as a contributing developer, or to merely download the XBRL processing engine once it becomes available this month, visit http://www.ubmatrix.com and follow the link directly to the project on SourceForge.Net. You can also visit http://www.sourceforge.net and search for "UBmatrix."

About UBmatrix

UBmatrix provides technology solutions for making data portable. Offered both as licensed software and on-demand via the Internet, UBmatrix solutions help automate the process of exchanging information using eXtensible Business Reporting Language (XBRL), the next evolutionary stage of XML. Using our platform, organizations can move data freely among applications within an enterprise, between business partners, and to regulators without losing the semantic meaning of the data. Benefits include increased operational and financial transparency, cost savings in sharing data both inside and outside the organization, and greater confidence in reporting accuracy and regulatory compliance.

Visit UBmatrix at http://www.ubmatrix.com.

UBmatrix and xBReeze are trademarks of UBmatrix, Inc. US Patent No 6,947,947 B2 and other patents pending. Any third-party trademarks and patents are the property of their respective owners.

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DARREN PETERSON
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