U.S. Defense Intelligence Agency Purchases InFact(R); InFact Helps Analysts and Knowledge Workers by Delivering Facts, not Words
September 21 2005 - 9:00AM
Business Wire
Insightful Corporation(R) (Nasdaq:IFUL), a leading provider of
software solutions for analysis of numeric and text data, announced
today that the Defense Intelligence Agency (DIA) has renewed its
site license of InFact for text analysis and relationship search
with a perpetual license. The renewal follows one year of
comprehensive evaluation and testing by DIA analysts. InFact
identifies the subject, verb, and object of each sentence and
organizes the data in a way that makes it easier to analyze data
relationships across documents. InFact is designed to help analysts
search and extract meaningful intelligence from unstructured data
sources, helping them to uncover and understand obscure patterns
and activities linking terrorists, terrorist organizations,
geographical locations, money transactions, and many other
entities, at a fraction of the time it takes with conventional
search technology. InFact has the potential to dramatically
modernize the way intelligence agencies access, extract, store,
interpret and disseminate terrorist-related information. Users are
reacting enthusiastically to the new release of InFact 3.0,
observing that the product has an unsurpassed understanding of
natural language, and that the new query interface is a powerful
tool in the hands of their analysts. "We are pleased that the U. S.
government is applying InFact's search and analysis capabilities
that move well beyond the key word search and entity extraction
offered by other text analysis products to effectively handle text
information overload," said Jeff Coombs, president and CEO of
Insightful Corporation. "Continued customer satisfaction proves
that Insightful is fulfilling its mission to be the leading
provider of text analysis software for the professional analyst and
researcher in the intelligence space." 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 the capabilities of InFact (including tasks that
users can accomplish with the product); InFact 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-Q. 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.
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