MUMBAI, India and NEW YORK, Oct. 14 -- IRIS, a global leader in business and financial information products, data feeds and
XBRL-enabled technology solutions announced today that it has appointed Liv Watson to the IRIS Board of Directors to lead the company's global business development and direct marketing and sales of its proprietary products and services.

"Liv Watson is an important member of our leadership team and will be crucial to the global roll-out of our innovative products," said S. Swaminathan, CEO of IRIS. "Liv's experience as a founding member of the XBRL initiative as well as her extensive network of relationships with the world's stock exchanges, securities regulators and government agencies will be central to her efforts to strategically deploy our XBRL solutions. With more countries adopting XBRL, companies and auditors will be looking for reliable XBRL tagging solutions, and regulators will be seeking seamless XBRL filing solutions - Liv will lead IRIS' efforts to meet those needs."

In addition to her duties with IRIS, Ms. Watson serves as chair of the XBRL International Jurisdiction Development Sub-Committee and as an at-large representative on the XBRL International Steering Committee. Prior to joining IRIS, she served as Vice President of Global Strategies at EDGAR Online, Inc.

Liv Watson is one of the founding members of XBRL and has been instrumental during the past ten years in the creation of the XBRL International framework for the financial and business reporting supply chain, and has presented to a wide range of audiences ranging from international standards bodies to Fortune 500 about its benefits, potential applications, and broad adoption of XBRL.

"IRIS has a comprehensive range of XBRL products and services that meet the various business reporting needs of a global marketplace," said Liv Watson, Member, IRIS Board of Directors. "Not only do we offer out-of-the-box solutions, we have the talent and knowledge to work with clients to design custom, scalable XBRL solutions for any number of needs, from regulatory filings platforms to benchmarking databases to tagging applications. As XBRL continues its momentum towards adoption by all major capital markets, IRIS is well-positioned to expand its market share in the Middle East, Europe, Asia, Africa and North America."

IRIS has one of the world's largest XBRL management teams and offers a suite of XBRL products and services which have been leveraged by several clients, including the Bombay Stock Exchange; the National Stock Exchange (India's two leading exchanges), the Reserve Bank of India and the Institute of Chartered Accountants of India. IRIS has also worked extensively on the US GAAP XBRL taxonomy and has been providing XBRL custom designed services for financial service firms. IRIS owns and manages the largest XBRL repository of instance documents from historical annual reports of listed Indian companies.