MORRISVILLE, NC / ACCESSWIRE / July 7, 2016 / Issuer Direct Corporation (NYSE MKT: ISDR) (the "Company"), a market leader and innovator of cloud based disclosure management solutions and investor targeting software, today announced an upgrade to its compliance platform, Blueprint, which now adheres to the new SEC (U.S. Securities and Exchange Commission) Voluntary Inline XBRL (iXBRL) initiative.

The SEC's Office of Structured Disclosure has verified the June 13th, 2016 announcement was intended to get the market thinking about iXBRL. The voluntary programs time table is very similar to the previous 2006 XBRL voluntary initiative that is now a part of the commissions regulatory filing requirement. The current form types supporting iXBRL are 6-K, 8-K, 10-Q, 10-K, 20-F, and 40-F that both foreign and domestic issuers currently utilize.

"Inline XBRL or iXBRL is the way of the future in financial reporting in our estimation, Blueprint is ready and built for future filing requirements," said John Yapundich, Director of Sales at Issuer Direct.

Being able to embed XBRL inline to the HTML page sounds complex but the development team at Issuer Direct has found creative ways to provide a single source document in the cloud that allow the use of the cash tag ($) in the document, giving the user the ability to efficiently associate values in financial statements to notes in seconds. This leading edge development effort will provide significant industry value, not only to the issuers in tagging efficiency, but also the community that consumes the data in a programmatic and natural human review.

Further, as Blueprint is integrated fully into our entire compliance and communication platform, Issuer Direct clients are going to be able to fully extend the use of the cash tag ($) to other campaigns with earnings and news distribution, making the entire platform a cohesive ecosystem.

"We have been anticipating the SEC's rule to modernize and support Inline XBRL," states Brian R. Balbirnie, Chief Executive Officer of Issuer Direct. "Blueprint is developed on the latest web technologies to be fully integrated into the browser and will simplify the overall experience to create an Inline XBRL Submission without increasing workload to the user."

A Single sourced document of HTML and iXBRL combined will increase the efficiency and effectiveness to prepare SEC documents and improve the quality of structured data available to investors. This initiative is another step in the SEC's continuing efforts to modernize and enhance its requirements to help facilitate financial transparency. Issuer Direct is at the forefront of the practical integration for financial reporting professionals with this new reporting standard.

Further information on the regulatory phase in can be found here in an eight-page order from the SEC. https://www.sec.gov/rules/exorders/2016/34-78041.pdf.

Checkout our video about Blueprint here: https://www.youtube.com/watch?v=WUQFp4eGtlE

To learn more about Blueprint and talk to our team today click here.

About Issuer Direct Corporation

Issuer Direct® is a disclosure management and targeted communications company. Our integrated platform provides tools, technologies and services that enable our clients to disclose and disseminate information through our network. With a focus on corporate issuers, the Company alleviates the complexity of maintaining compliance with its integrated portfolio of products and services that enhance companies' ability to efficiently produce and distribute their financial and business communications both online and in print.

Learn more about Issuer Direct today: Investor Tear Sheet.

Forward-Looking Statements. This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company's forward-looking statements, please see the Company's Annual Report on Form 10-K for the year ended December 31, 2015 including but not limited to the discussion under "Risk Factors" therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov/.

For Further Information:

Issuer Direct Corporation
Brian R. Balbirnie
919-481-4000
brian.balbirnie@issuerdirect.com

Brett Maas
Hayden IR
(646) 536-7331
brett@haydenir.com

James Carbonara
Hayden IR
(646)-755-7412
james@haydenir.com

SOURCE: Issuer Direct Corporation