IFUL Insightful Corp (MM)

Insightful Corporation (Nasdaq:IFUL), a leading provider of software solutions for analysis of numeric and text data, announced today the release of InFact(R) 3.1, a new update to the company's premier software for advanced search and text analysis. This new release builds upon InFact's breakthrough search and text analysis capabilities by providing support for "text-to-data" applications, enhanced search capabilities, and providing total cost of ownership (TCO) flexibility. "We're very excited with the latest release of InFact. InFact 3.1 is designed to make users more productive when they search, discover, and analyze. With text-to-data support, superior search capabilities, and greater deployment options our customers are seeing excellent value for their investment," said Ron Faith, vice president and general manager of InFact. InFact 3.1 offers the following key benefits: -- Text-to Data-Support. InFact extracts facts from unstructured text and exports results as structured data to data mining and business intelligence systems. InFact is now integrated with Insightful's industry leading data analysis products S-PLUS and Insightful Miner to provide a highly configurable solution for competitive analysis, market trend analysis, and quality analysis applications. Augmenting traditional data mining approaches with InFact's text mining capabilities enables the discovery of relationships, facts, and trends that can power more informed decisions. -- Enhanced Search Capabilities. InFact is designed to place more power in the hands of the user. InFact users can search by keyword, relationship, action, or fact from a diverse array of web pages, reports, emails, and documents. The end user can access InFact through an intuitive web interface, custom applications (via API), or the InFact Query Language (IQL). -- Cost of Ownership Flexibility. InFact now supports Linux as an operating platform. With InFact, customers can choose from Debian Linux, Red Hat Linux, or Sun Solaris for their operational deployments. "The great benefit InFact gives our large and knowledgeable audience is extremely intelligent searches," said John Pike, founder and director of GlobalSecurity.org. "For example, a news reporter researching helicopter crashes can perform a search at GlobalSecurity.org and within seconds can find out where, when and how the crashes occurred. For us, it is exciting to bring our audience such a rich resource for all their searches." Because InFact is designed to recognize the grammar, syntax, semantics, and linguistic structure of every sentence it reads, InFact's powerful and expressive query syntax can be used to search for very specific relationships, actions or facts. InFact's query language is designed to enable analysts to be very creative in formulating searches that not only search for a particular relationship, action or fact, but also understand action directionality. AVAILABILITY/PLATFORMS InFact is available today for Sun Solaris and Linux servers. InFact can be deployed on any desktop that can run a Web browser such as IE, Netscape, or Mozilla. 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, and 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 800-569-0123. Note to Investors - Forward Looking Statements This press release contains forward-looking statements, including statements about the potential performance and advantages of our new product release and the potential value of our new product release to customers. 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 risk that our new product release does not perform as designed and expected and the risk that this product release does not achieve market acceptance. 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.