DataTracks to be a sponsor at XBRL US Conference

Austin, 24 August 2012 DataTracks US (www.datatracks.com), a leading global provider of XBRL services, is one of the key sponsors of the upcoming XBRL US National Conference to be held between 10 Sep 2012 and 12 Sep 2012 at Austin, Texas. This two-day program would present an overview of regulatory disclosure reporting on XBRL. It would also provide updates on implementing new accounting standards in XBRL. This National Conference is expected to bring together financial officers and directors/managers handling compliance reporting. The audience is expected to comprise of a well -balanced mix of filing agents, technology firms, data intermediaries, analysts and corporate investor relations executives. This conference presents a great platform for clients and service providers in the market to come together, share thoughts and exchange ideas.

DataTracks is a Gold Sponsor for this year’s event. Prospective clients will have ample opportunities to interact with DataTracks’ representatives during the event. This would help them develop an understanding of how effectively they can meet the requirements of compliance reporting by leveraging DataTracks service offerings. DataTracks attributes strategic importance to this event, since it presents an opportunity for the clients and DataTracks to take back key insights during their interactions. “Being one of the key sponsors for this event, it will provide us a great platform to interact with our target audience. This event will also give us the opportunity to understand the pain points of customers, and showcase how DataTracks can help them provide solutions”, commented Shyam Sekar, Sr. Vice President, Business Development, DataTracks.

DataTracks pursues several initiatives to provide the most up-to-date XBRL solutions to clients. DataTracks is one of the first service providers to offer Detailed Footnote Tagging. DataTracks had been ready to offer XBRL services fully compliant to the US GAAP 2012 Risk/Return Taxonomy, within a few days of announcement of the taxonomy by SEC. DataTracks is also an active member of XBRL US, the national consortium for XBRL for business reporting standards. This membership helps DataTracks to stay ahead with latest developments in XBRL.

DataTracks currently offers XBRL services for US, UK and India markets and plans to extend its services to other countries in the near future.

We have XBRL experts who have experience in working with various regulatory environments (SEC in USA, HMRC in UK, MCA in India, ACRA in Singapore and Revenue in Ireland) various accounting taxonomies and various commercially available XBRL applications.

About DataTracks: DataTracks US is part of DataTracks Services Limited, leaders worldwide in preparation of financial statements in XBRL and iXBRL formats for filing with regulators. DataTracks prepares more than 12,000 XBRL statements annually for filing with regulators such as SEC in the United States, HMRC in the United Kingdom, Revenue in Ireland, ACRA in Singapore and MCA in India.

Website for US: www.datatracks.com

Media contact: T R Santhanakrishnan, media@datatracks.com  +1 (908).379.8788