Text compression techniques like bzip2 lack the possibility to search or to update substrings at given positions of texts that have been compressed without prior de-compression of the compressed text. We have developed Indexed Reversible Transformation (IRT), a modified version of the Burrows-Wheeler-Transformation (BWT) that in combination with run length encoding (RLE) and wavelet trees (WT) allows for posi-tion-based searching and updating substrings of compressed texts without prior decompression of the compressed text. As a result, IRT may be useful for a huge class of applications that due to space limitations prefer to search or to modify compressed texts instead of uncompressed texts.