P3XBRL Offering Free Accelerated XBRL Taxonomy Build for Wave 3 Filers

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Multi-Disciplined Teams Join Forces

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P3XBRL, Inc. announced today that it is offering a Free Accelerated eXtensible Business Reporting Language (“XBRL”) Taxonomy build and filing to Wave 3 SEC Registrants prior the mandated June 30, 2011 deadline.

“This provides a significant cost savings to a registrant and an opportunity for us to deliver a world class XBRL filing solution from our software and services teams," Chris Taylor, CEO of the company, noted. “P3XBRL is a software and service company offering a best-in-class XBRL platform for creating financial reports. We combined the history and experience of 6+ years of pioneering software development with the most experienced service executives in the XBRL marketplace. Our mission is to become the premier provider of XBRL-based data and reporting solutions in the marketplace.” Recently formed, P3XBRL, merges 3 XBRL centric companies to create a dynamic cross-functional team: Snappy Reports, Peak Performance Partners & Zephyr Financial Technologies. The company also announced that it has completed an IP Transfer Agreement with all former entities.

“Our merger was branded 1 + 1 + 1 = P3,” commented Bryan Feinberg former CEO of Snappy Reports. “Outside of the development infrastructure that we have built, we are reinforcing security and scalability in our framework environment that will allow us to serve customers more efficiently.” “Innovation, Insight and Integrity are the guiding principles that reflect our core values and drive our day-to-day customer interactions,” added Chris. “Our XBRL development initiatives have been strategically conceived and targeted to transcend the current regulatory XBRL filing business.”

The company’s software is built on a solid SQL database architecture. The company is phasing in R&D resources now to build upon the existing architecture and accelerate multiple market opportunities. Details regarding the company’s software and services can be found at http://www.p3xbrl.com

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BRYAN FEINBERG
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