XBRL Europe Organization Formed to Drive Further Adoption of XBRL within European Union

XBRL International, Inc. (XII), www.xbrl.org

announced today it has formed XBRL Europe, a non-profit association

based in Brussels to represent, coordinate and support XBRL members

within Europe in their efforts to drive XBRL strategy and adoption

across the region. Founding members of XBRL Europe are: XBRL Belgium;

XBRL France; XBRL Ireland; XBRL Spain; and XBRL International.
"XBRL Europe builds upon the many successes

XBRL has already achieved through the hard work and dedication our XBRL

members within the EU," said Anthony Fragnito

CPA, CEO of XBRL International, Inc. "XBRL

Europe will enhance existing efforts in the European region through a

consistent process to facilitate dialogue with key stakeholders and

drive adoption among business and financial executives, regulators

analysts, investment professionals and XBRL tool providers."
"Formation of XBRL Europe represents a

significant milestone in the adoption of XBRL," said Conor O´Kelly, Acting Chair, XBRL Europe

Executive Committee and XBRL International Vice Chair of Jurisdictions. "Several

voluntary and mandatory XBRL filing programs are already underway in the

EU and yielding positive results, and XBRL Europe will help coordinate

those efforts, nurture others within the region and coordinate

additional adoption efforts that demonstrate the value and power of XBRL."
XBRL Europe will act as the regional point of contact in Europe for

European institutions and organizations in order to assure the common

promotion of XBRL. XBRL Europe will work with key influencers and

decision makers within European institutions and coordinate

representation of XBRL members´ interests to

those individuals and organizations.
For more information about XBRL Europe, please visit http://www.xbrl.org/eu.
About XBRL International
XBRL International, Inc (XII) is a global consortium using a

collaborative effort to create XBRL, an open source, standard for

business reporting based on XML. This Web protocol is being developed

and promoted by an international not-for-profit consortium of more than

600 major international companies, organizations and government

agencies. For more information about XBRL, please visit www.xbrl.org.