IFUL Insightful Corp (MM)

Insightful Corporation (NASDAQ:IFUL), a leading provider of predictive analytics and reporting solutions, announced today that the National Council for Social Security Fund (SSF) of the People�s Republic of China has selected Insightful�s S-PLUS� as its primary analytics platform for building the SSF�s internal metric system for risk management and investment performance. SSF, established to manage and operate more than $25 billion in assets of the National Social Security Fund, chose Insightful�s S-PLUS product family after a thorough analysis of most of the commercially available statistical software packages available. SSF will use the Insightful platform�s advanced quantitative and scientific approaches to build predictive models in order to accurately predict risk and thereby minimize economic surprises. By developing an S-PLUS-based investment performance system, the fund�s goals are to improve returns and manage risks more effectively. �Given our mandate for building an internal metric system for risk management and investment performance, we needed a strong analytics platform that will help us to quickly build and test predictive quantitative models,� said Mr. Su Yuansheng, project leader of Information Research Division of SSF. �We chose S-PLUS over competitors including SAS and SPSS because of the economic value it provides with its flexible and rapid prototyping and its proven capabilities in modeling and analyzing financial market data.� In addition to S-PLUS, SSF will also be deploying Insightful�s S+FinMetrics� and S+NuOPT�. S+FinMetrics is a specialized software solution for modeling, analyzing, and visualizing financial market data. The software offers a modern, and flexible analytic environment for reliable and robust, predictive econometric modeling. S+NuOPT combines powerful statistics and graphics with large-scale optimization problem solving. It is specifically designed to optimize large portfolios of assets and liabilities. By deploying Insightful�s analytics platform, SSF can quickly develop an investment metric system that enables better decision making in risk and performance management. �We are very pleased to have the S-PLUS product family selected by the National Council for Social Security Fund after such a thorough and rigorous evaluation process,� said Jeff Coombs, president and chief executive officer of Insightful. �Being selected by the SSF is not only highly prestigious for Insightful, but an important step in our strategy to build Insightful�s presence in China.� About SSF In August 2000, the Central Committee of CPC and the State Council established a National Social Security Fund (NSSF), and set up National Council for Social Security Fund (SSF) for managing and operating the NSSF�s assets. NSSF aims to be a solution to the problem of aging and serves as a strategic reserve fund accumulated by the central government to support future social security expenditures. SSF is responsible for the management and operation of NSSF, including selecting investment managers and custodians of the NSSF, to mandate them with and to monitor the investment operation and custody of the NSSF assets, and to invest directly in prescriptive markets in accordance with the related laws and regulations. During the past few years the SSF has diversified its investments and in 2004 the State Council agreed that NSSF could be invested in overseas markets. More information is available at: http://www.ssf.gov.cn. 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 to 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 New York, 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 our customers� plans for deploying our products, the ability of our products to improve the quality and timeliness of predictive analytics and quantitative research, and our plans to expand our presence in China. 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 products to not perform as expected and the risks associated with defects or errors in 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.