IFUL Insightful Corp (MM)

Insightful Corporation (Nasdaq:IFUL), a leading provider of advanced statistical software for analysis of numeric and text data, today announced that Ronin Capital LLC, a proprietary trading company, has selected S-PLUS(R) 7 software to provide the predictive intelligence required for effective investment decision-making. Ronin Capital LLC is using S-PLUS 7, a de facto industry standard software platform for statistical data analysis and predictive analytics, to perform back tests of equity trading strategies on large stock data sets. With the new big data capabilities in S-PLUS 7, the company is able to analyze patterns, trends, and relationships from multiple data sources, including stock quotes and fundamental financial data. With S-PLUS 7, Ronin expects to dramatically shorten its back-testing process so business managers have the information they need to make important investment decisions sooner. "S-PLUS 7 provides a scalable environment for efficiently analyzing large amounts of data," said Jeff Wang, a quantitative analyst at Ronin Capital. "In the past, we have had to break our data sets into pieces and rely on multiple batch files to perform back tests of equity trading strategies on a large stock universe. Now, with the pipeline technology in S-PLUS 7 complemented by S+FinMetrics(TM) econometric modeling and S+NuOPT portfolio optimization software, we are able to read and process a large amount of financial data quickly to identify better investment processes." "We are delighted that Ronin Capital recognizes the value S-PLUS 7 brings in moving from desktop deployment of statistical models to enterprise-wide deployment of predictive analytics for immediate business benefit," said Jeff Coombs, CEO of Insightful Corporation. "With S-PLUS 7, the company has a flexible, scalable platform designed to efficiently analyze financial data and deliver that intelligence to their business managers faster than the competition." ABOUT S-PLUS 7 S-PLUS(R) 7 is a major new release to a de facto industry standard software platform for statistical data analysis and predictive analytics. The software supports analysis of very large data sets and the rapid development of analytic applications that integrate advanced statistical methods within existing business processes. Decision-makers benefit from the deployment of advanced analytics across the enterprise. With S-PLUS 7, statisticians, developers, and IT personnel use a new integrated development environment (IDE) on top of the flexible and elegant S programming language to rapidly develop, integrate, and deploy advanced analytic solutions. A new pipeline architecture in S-PLUS 7 is designed to allow for the preparation, manipulation, and analysis of very large data sets, and to enable companies to solve analytic problems not solvable before. S-PLUS 7 offers rich visualization and reporting capabilities that can be delivered from a back-office server to Web portals to improve information sharing required for effective decision-making. ABOUT RONIN CAPITAL LLC Ronin Capital, LLC, is a registered broker/dealer and member of all principal derivative exchanges in the U.S. The company is a proprietary trading firm actively trading equities, futures, options, corporate bonds, and government securities. 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 improvements in efficiency, effectiveness, communication and other abilities of our customer; the capabilities of S-PLUS 7.0; S-PLUS product features; the capabilities of competing products now or in the past; and customer acceptance of our software products. 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 errors or defects in our software; the risks associated with 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.