IFUL Insightful Corp (MM)

Insightful Corporation (NASDAQ:IFUL), a leading provider of software solutions for analysis of numeric and text data, today announced that Martin DeBono has been appointed Vice President of Worldwide Marketing reporting to Jeff Coombs, CEO of Insightful. Prior to joining Insightful, Mr. DeBono served as a senior analyst at Gomez Advisors, a technology research firm and as Director, CRM Products at Siebel Systems (NASDAQ:SEBL). At Siebel, he led product development and marketing of Siebel's industry-leading applications, such as Sales Automation, Sales Analytics, Service, and Call Center, and was instrumental in the shift towards creating and marketing business process solutions. Under Mr. DeBono's leadership, the software solutions for which he was responsible consistently earned the highest marks from independent analysts, including The Gartner Group, Meta Research, and Frost and Sullivan. Most recently, he led OEM Sales for Pure Networks, a Seattle-based networking software provider. He has served as a nuclear submarine officer onboard the USS GEORGIA and earned a Masters in Business Administration from Harvard University. "We are delighted to have Martin join our team at Insightful, and we are confident his broad sales and marketing experience in enterprise software, solutions, and services will provide valuable leadership to our company," said Jeff Coombs, CEO of Insightful. "We look forward to his contribution as Insightful works to deploy the power of analytics across the enterprise." "I am looking forward to bringing my experience in developing and marketing large scale, customer-centric solutions to Insightful," said Mr. DeBono. "I believe this experience will help Insightful expand the S-PLUS product family and develop solutions that push statistics throughout the enterprise." ABOUT INSIGHTFUL Insightful Corporation (NASDAQ:IFUL) provides enterprises with scalable data analysis solutions that drive better decisions faster by revealing patterns, trends, and relationships. The company is a leading supplier of software and services for statistical data analysis, data mining, and knowledge access enabling clients to gain intelligence from numeric and text data. Insightful products include S-PLUS(R), Insightful Miner(TM), S-PLUS(R) Server, and InFact(R). Insightful consulting services provide specialized expertise and proven processes for the design, development, and deployment of customized solutions. The company has been delivering industry-leading, high-ROI solutions to thousands of companies in financial services, life sciences, biotechnology, telecommunications, manufacturing, plus government and research institutions. Headquartered in Seattle, Insightful has offices in North Carolina, France, Switzerland, and the United Kingdom, with distributors around the world. For more information, visit www.insightful.com, email info@insightful.com, or call 1-800-569-0123. Note to Investors - Forward Looking Statements This press release contains forward-looking statements, including statements about expected contributions of our newly-appointed vice president of marketing, statements about the expansion of the S-PLUS family, and statements about the development of solutions that push statistics throughout the enterprise. Forward-looking statements are based on the judgment and opinions of management at the time the statements are made. Inaccurate assumptions and known and unknown risks and uncertainties can affect the accuracy of forward-looking statements. Actual results could differ materially from those expressed or implied by the forward-looking statements for a number of reasons, including, without limitation, the risks associated with our ability to attract and retain key employees; errors or defects in our software; our ability to compete in the markets we serve; and the risks associated with market demand and customer acceptance of our products. More detailed information regarding these and other factors that could affect actual results is set forth in our filings with the Securities and Exchange Commission, including our most recent Quarterly Report on Form 10-QSB. You should not unduly rely on these forward-looking statements, which apply only as of the date of this release. We undertake no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release or to reflect the occurrence of anticipated events.