Visualize and Insightful Corporation Form Strategic Marketing Alliance
July 08 2004 - 9:45AM
PR Newswire (US)
Visualize and Insightful Corporation Form Strategic Marketing
Alliance Agreement to Co-market Web-based Solution for Predictive
Analysis and Visualization PHOENIX and SEATTLE, July 8 /PRNewswire/
-- Visualize, Inc., a leading provider of visual intelligence
software, and Insightful Corporation (NASDAQ:IFUL), a provider of
software solutions for analysis of numeric and text data, today
announced a joint marketing agreement. Under the terms of the
agreement, Visualize and Insightful will co-market their software
in the life science and financial services industry. "We're excited
to be working with Visualize to broaden our ability to meet
customer demand for easy-to-use analytic systems that support
decision-making enterprise-wide," said Jeff Coombs, CEO of
Insightful. "This agreement demonstrates our efforts to support our
customers during the entire data analysis lifecycle from data
access to effective decision-making. With Visualize, we are able to
provide our customers with new ways to visualize data, and
introduce and expand the reach of the S-PLUS Product Family in key
markets." "The combination of our visual intelligence software
delivered using a unified Web-based platform complemented by
Insightful's advanced, predictive analytics will make it easier for
customers to extract better, more reliable information faster
improving their business performance," said Brad Edwards, CEO,
Visualize, Inc. "We are very pleased to launch what we expect to be
a long and prosperous relationship with Insightful." Visualize and
Insightful share common core markets and many common customers in
the life sciences and financial services industries. The initial
marketing focus will be in applications such as genetic data
analysis for life sciences research, and trading strategy
development, investment research, and scenario testing in the
financial services industry. Radical improvements in
decision-making across the enterprise can be made by deploying
Web-based analytics using Insightful's S-PLUS Product Family and
delivering the data and output of the analytics with Visualize
web-based data visualization user interfaces. ABOUT VISUALIZE, INC.
Visualize, Inc. (http://www.visualize.com/) is a leading provider
of visual intelligence products and solutions enabling
organizations and individuals to radically improve business,
scientific, and engineering decision making. Founded in 1996,
Visualize has helped many large financial services and life
sciences firms solve complex problems through its advanced visual
intelligence technology. The underlying design principles in
Visualize solutions enable end users to view, manipulate, and
interpret information from multiple data sources in real time in a
rich, highly interactive, visual environment. This leads to better
understanding of mission critical data and results in better
decisions, better business performance, and competitive advantage.
Visualize solutions have been rapidly implemented in a number of
customer environments with user bases ranging from less than 10 to
more than 250,000. ABOUT INSIGHTFUL CORPORATION
(http://www.insightful.com/) 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 for 17 years
to thousands of companies in financial services, pharmaceuticals,
biotechnology, telecommunications, manufacturing, plus government
and research institutions. Headquartered in Seattle, Insightful has
offices in New York City, North Carolina, France, Switzerland, and
the United Kingdom, with distributors around the world. For more
information, visit http://www.insightful.com/, email or call
1-800-569-0123. Note to Investors -- Forward Looking Statements
This press release contains forward-looking statements about
Insightful Corporation, including statements about our easy-to-use
analytic systems that support decision-making enterprise-wide; our
efforts to support our customers during the entire data analysis
lifecycle from data access to effective decision-making; our
ability to provide our customers with new ways to visualize data
our ability to introduce and expand the reach of the S-PLUS Product
Family in key markets; and the impact of the co-marketing
relationship on improving customers' business performance and
decision making. 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 the risk that we are unable to meet customer
demands; the risks associated with error or defects in our
software; and the risks associated with our ability to attract and
maintain key partners. More detailed information regarding these
and other factors that could affect our 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.
DATASOURCE: Visualize, Inc. CONTACT: Raveen Sharma of Visualize,
Inc., +1-617-417-6318, ; or Judy McOstrich of Insightful
Corporation, +1-206-283-8802, ext. 356, Web site:
http://www.insightful.com/ Web site: http://www.visualize.com/
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