IFUL Insightful Corp (MM)

Insightful Corporation (NASDAQ:IFUL), a leading provider of predictive analytics and reporting solutions, announced today a free upgrade for maintenance customers of Insightful�s S-PLUS� 6.2 or 7 Professional Developer to its S-PLUS 8 Enterprise Developer. �We wanted to find the best way to say thank you to our loyal customers for 20 years of support and believe that delivering our most comprehensive development platform ever to the widest possible audience was a great start,� commented Jeff Coombs, president and CEO of Insightful. He added, �By waiving the software upgrade fee, we hope to encourage as many of our users as possible to take advantage of the development breakthroughs available in S-PLUS 8.� NEW FEATURES IN S-PLUS 8.0 Workbench: This feature, originally introduced in S-PLUS 7, has been further enhanced in the 8 release. Programmers can speed the development of applications for competitive advantage by using the new debugger and profiler. The interactive debugger allows users to quickly debug S-PLUS code from within the S-PLUS workbench, and includes modern debugging tools such as step debugging and breakpoints. The profiler provides an environment for writing and developing functions in S-PLUS that allow profiling of time and memory allocation within S-PLUS tasks. The user can now optimize the code�s execution by evaluating where bottlenecks exist. Graphics enhancements: S-PLUS is already a leading platform for graphics creation and delivery. In version 8, Insightful has included a larger and normalized color palette as well as providing simplified code necessary to deliver complex graphs and charts. Whether a developer is creating graphics for submission to the FDA or distribution to a group of portfolio managers at an investment bank, S-PLUS 8 Enterprise Developer makes this task easier and more time efficient. S-PLUS Package System: With already 25 published packages available, S-PLUS 8 Enterprise Developer provides a convenient framework for creating and distributing libraries for S-PLUS and for converting packages written in R (S-PLUS�s open-source cousin) for use in S-PLUS. S language extensions: Over one hundred new functions have been added in order to support the graphics enhancements, the S-PLUS Package System and to augment compatibility with R. Types of functions that have been added include math, character, file manipulation and string manipulation. UPGRADE PROGRAM DETAILS Current maintenance customers with the S-PLUS 6.2 or 7 Professional Developer versions can upgrade to the S-PLUS 8 Enterprise Developer version for free. Insightful will waive the software upgrade fee until December 31st, 2007, for all current maintenance customers who purchased their copy of S-PLUS Professional Developer prior to May 21, 2007. To claim the free upgrade, all current maintenance customers need to visit the Insightful website at http://www.insightful.com/upgrade and submit an upgrade request form with their license and contact information. Upgrade software will be shipped upon confirmation of license ownership and maintenance status. Current customer maintenance contracts will remain in place until their current end date. At the end of their current maintenance contracts, customers will renew at the Enterprise Developer level. AVAILABILITY/PLATFORMS S-PLUS 8 is available today for Microsoft Windows�, Red Hat� Enterprise Linux� and Sun Solaris� operating systems. ABOUT INSIGHTFUL Insightful Corporation (NASDAQ:IFUL) is a provider of predictive analytics and reporting solutions. 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 graphical reporting from numeric and text data. Insightful 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, for 20 years. 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 1-800-569-0123. 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 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.