Morningstar Upgraded Free Mobile Application for iPhone and iPod Touch

Morningstar,
Inc. a leading provider of independent investment
research, has launched its latest free mobile application for the Apple
iPhone or iPod Touch to help investors track their portfolios and stay
on top of the markets while on the go.

The upgraded app’s new
features allow users to view performance charts for stocks, funds,
exchange-traded funds and indexes; access the Morningstar Market
Barometer(SM) and data on each of the Morningstar fund categories; and
track the market indexes with current news articles and listings of
gainers, losers and most actives. Users will also now have the ability
to sync to, create, and edit their Morningstar.com portfolios and watch
lists and research Canadian securities. Morningstar.com Premium
subscribers can access Morningstar’s independent analyst research
reports through a subscriber log-in page.

Morningstar first
launched its iPhone app in May with real-time quotes, investing ideas,
company information and tickers, a quick search function, and the
ability to view Morningstar’s ratings for stocks and funds. In six
months, approximately 45,000 people have downloaded Morningstar’s
mobile app.

Tailored specifically to the functionality of the
iPhone and iPod Touch, the Morningstar mobile app allows users to tap
arrows on the screen to access real-time quotes. Turning the device
horizontally expands the view to a landscape of additional data points
and information, and expands charts to show performance over extended
time periods.

“We’ve added these new features and functionality
after listening to feedback from iPhone users, who responded with
overwhelming enthusiasm to our mobile app’s initial release in May,”
said Kunal Kapoor, president of individual software at Morningstar.
“These enhancements will help investors with a comprehensive
application packaged specifically for their mobile device that provides
anytime, anywhere access to the information and research they need.”

Investors can download the app at no cost from the iPhone App Store.