New York (July 28, 2003) -- The group charged with gaining market acceptance of the XBRL programming code for business reports has named a business information distribution expert as its chairperson.

Michelle Horowitz, who is responsible for strategic alliances and partnership strategies at New York-based PR Newswire, was named chairperson of the XBRL-U.S. Adoption Committee, replacing Paul Penler, an Ernst & Young principal whose term expired. The committee is part of the XBRL-U.S. Steering Committee, a 50-member consortium that is driving the overall development of XBRL in the United States and is among the XBRL development groups working in several countries.

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