Barclays Global Investors Deploys Insightful Corporation's S-PLUS(R) Platform for Global Quantitative Analysis and Reporting Sol
October 20 2006 - 4:30PM
Business Wire
Insightful Corporation (NASDAQ:IFUL), a leading provider of
predictive analytics and reporting solutions, today announced that
Barclays Global Investors (BGI), one of the world�s largest asset
managers, selected Insightful�s S-PLUS� software product family for
delivery of quantitative analysis across the company�s global
research group. BGI is deploying Insightful�s S-PLUS Server and
Insightful Miner� Server products enterprise wide to help improve
the quality and timeliness of predictive analytics and quantitative
research. A subsidiary of the UK-based financial services group
Barclays, BGI has more than 2,800 clients in 52 countries
worldwide. BGI purchased the suite of Insightful solutions and
Insightful recognized license revenue for this transaction in
December of 2005. �We are very pleased that BGI selected
Insightful�s S-PLUS software product family for quantitative
analysis across its worldwide research group,� said Jeff Coombs,
president and CEO of Insightful Corporation. �BGI�s use of S-PLUS
is yet another example of Insightful enabling our customers to
apply statistics across their entire organization in order to
enhance and exploit their competitive advantage.� ABOUT BARCLAYS
GLOBAL INVESTORS Barclays Global Investors is one of the world's
largest asset managers providing structured investment strategies
such as risk-controlled active strategies and indexing. In the US,
BGI is one of the largest active managers, set apart by its
risk-controlled approach. BGI manages 65% of the world's 100
largest pension plans and is the global leader in assets and
products in the exchange traded funds through its iShares� brand
with more than 130 ETFs. The firm managed over $1.5 trillion in
assets as of 12/31/05. BGI is an innovator in investment
management, applying science and technology to the investment
process. BGI is owned by Barclays PLC, one of the world's leading
global financial services providers. ABOUT INSIGHTFUL Insightful
Corporation (NASDAQ:IFUL) is a provider of predictive analytics and
reporting solutions that gives companies the knowledge to act�.
Insightful products S-PLUS�, Insightful Miner�, S-PLUS� Server and
InFact� allow companies to perform sophisticated statistical data
analysis, data mining and create high-quality graphics from numeric
and text data. 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
1-800-569-0123. Note to Investors - Forward-Looking Statements This
press release contains forward-looking statements, including
statements about the performance, features, and advantages of our
products and the potential value of our products 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 product does not maintain
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 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. Insightful Corporation
(NASDAQ:IFUL), a leading provider of predictive analytics and
reporting solutions, today announced that Barclays Global Investors
(BGI), one of the world's largest asset managers, selected
Insightful's S-PLUS(R) software product family for delivery of
quantitative analysis across the company's global research group.
BGI is deploying Insightful's S-PLUS Server and Insightful
Miner(TM) Server products enterprise wide to help improve the
quality and timeliness of predictive analytics and quantitative
research. A subsidiary of the UK-based financial services group
Barclays, BGI has more than 2,800 clients in 52 countries
worldwide. BGI purchased the suite of Insightful solutions and
Insightful recognized license revenue for this transaction in
December of 2005. "We are very pleased that BGI selected
Insightful's S-PLUS software product family for quantitative
analysis across its worldwide research group," said Jeff Coombs,
president and CEO of Insightful Corporation. "BGI's use of S-PLUS
is yet another example of Insightful enabling our customers to
apply statistics across their entire organization in order to
enhance and exploit their competitive advantage." ABOUT BARCLAYS
GLOBAL INVESTORS Barclays Global Investors is one of the world's
largest asset managers providing structured investment strategies
such as risk-controlled active strategies and indexing. In the US,
BGI is one of the largest active managers, set apart by its
risk-controlled approach. BGI manages 65% of the world's 100
largest pension plans and is the global leader in assets and
products in the exchange traded funds through its iShares(R) brand
with more than 130 ETFs. The firm managed over $1.5 trillion in
assets as of 12/31/05. BGI is an innovator in investment
management, applying science and technology to the investment
process. BGI is owned by Barclays PLC, one of the world's leading
global financial services providers. ABOUT INSIGHTFUL Insightful
Corporation (NASDAQ:IFUL) is a provider of predictive analytics and
reporting solutions that gives companies the knowledge to act(TM).
Insightful products S-PLUS(R), Insightful Miner(TM), S-PLUS(R)
Server and InFact(R) allow companies to perform sophisticated
statistical data analysis, data mining and create high-quality
graphics from numeric and text data. 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
1-800-569-0123. Note to Investors - Forward-Looking Statements This
press release contains forward-looking statements, including
statements about the performance, features, and advantages of our
products and the potential value of our products 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 product does not maintain
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 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.
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