Microsoft Corp.’s Excel spreadsheet program will have a new feature beginning in early 2004 – financial reports from over 12,000 companies right at the user’s fingertips.

In a collaboration with Edgar Online, Excel users will, for a fee, be able to access balance sheets and cash flow statements from the participating companies’ last five years. According to a statement by Peter Rinearson, Microsoft’s vice president of the Information Worker New Markets group, the new system "will allow people to more easily author and analyze financial documents using Microsoft Word 2003 and Microsoft Excel 2003."

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