Press Release Summary:
EDR OnDemand(TM) online subscription service allows real-time aggregation and access to environmental information from more than 800 federal, state, local, and tribal sources. EDR OnDemand Corporate and EDR OnDemand Legal facilitate environmental financial reporting and allow law firms and corporations to conduct research for acquisition of assets and new construction projects. Service enables users to perform research from any location with Internet access.
Original Press Release:
Environmental Data Resources Launches EDR OnDemand(TM), an Online Interface Providing Real-Time Access to Environmental Data
First Service of its Kind to Give Corporations and Attorneys Instant Access to Data from More Than 800 Environmental Databases
Research that previously took days can now be completed in matter of minutes
MILFORD, Conn., Oct. 12 // -- Environmental Data Resources Inc. (EDR) announced today the launch of EDR OnDemand(TM), an online, subscription service that allows real-time aggregation and access to environmental information from more than 800 federal, state, local, and tribal sources. EDR's Corporate, Legal and Government Services Division provides law firms and corporations the tools they need to conduct environmental research in an efficient and effective manner that has never before been available. To learn more about EDR OnDemand, visit www.edrnet.com/ondemand.
Law firms and corporations conduct environmental research for due diligence in the acquisition of new assets, new construction projects, environmental audits, background research for litigation and increasingly for compliance purposes and environmental financial reporting. Environmental financial reporting has been an area of particular concern for EDR's clients recently due to new accounting and regulations standards, such as the FIN47 ruling by the Financial Accounting Standards Board, which have spurred an increased demand for environmental information from corporations. For all of these needs, EDR OnDemand Corporate and EDR OnDemand Legal provide superior services to manually searching relevant local databases, which has traditionally been a time-intensive, inexact and costly process.
"Overwhelmingly, our corporate and attorney clients tell us that the largest challenge they have with conducting environmental research has been the tremendous amount of time it takes to simply gather the appropriate data from various environmental and government sources," says Robert Barber, EDR's Chief Executive Officer. "We are thrilled to be providing a new and valuable service that expedites this research process, resulting in significant cost savings for our clients. Not only does EDR OnDemand provide fast and powerful research capabilities, but it also simplifies the overall environmental information collection process and ensures no databases are missed through manual error."
EDR OnDemand is subscription based, allowing corporations and law firms to pay an annual fee to have unlimited access to research. Through an easy-to-use, Web-based application, users can perform the research they need from any location with Internet access.
Barber continued, "The EDR OnDemand service allows our corporate and attorney clients to take full advantage of our position as the country's leading provider of environmental data reports. Clients can rely on EDR OnDemand as a comprehensive, single source of information for their environmental research needs. The product ultimately helps them gain control of the research process while significantly reducing time and costs."
Environmental Data Resources Inc. (EDR) is the nation's premier provider of environmental risk information services and reports. The company offers current, prior use and regulatory compliance information services tailored to either a specific property address or company name. EDR offers these services to all participants in a real estate transaction, including the lender, environmental engineer, buyer, seller, attorney and insurer. The company's Market Research Group provides strategic data and analysis on environmental due diligence trends, including market surveys, newsletters, and workshops. Established in 1991, EDR's headquarters are in Milford, Connecticut; regional offices are located throughout the United States. EDR is wholly owned by DMG Information Inc., the business information division of Daily Mail and General Trust, plc (DMGT). For more information, visit www.edrnet.com.
Source: Environmental Data Resources Inc.
Web site: www.edrnet.com/