Insightful Offers StatServer SW at Low Cost to Universities

Insightful Corporation, formerly MathSoft Inc, a leading provider of solutions for predictive analysis, data mining and business intelligence, announced that it will discount significantly its award-winning StatServer software for accredited academic institutions.

With more than 120 top-tier schools currently participating, including Stanford, Duke and Johns Hopkins, as well as smaller universities, S-PLUS has become the de facto standard for statistical analysis on campuses across the United States.

"We are taking this step to further encourage academics to develop educational and research applications using StatServer," said Shawn Javid, president and chief executive officer, Insightful Corporation. "When researchers deploy interactive analyses via the Web, it is easier for collaborators and decision-makers to see results and draw conclusions."

Insightful announced other enhancements to the S-PLUS academic site license program, designed to dramatically increase the number of students using the product. Changes include a substantial increase in the number of licenses that can be installed on campus and unlimited student access via participating schools.

"This new site license has made it easy for our students, faculty and staff to not only access the software on campus, but also to use it at home as well. The program has allowed our university to distribute the power of S-PLUS technology at a price affordable for a university," said Joseph Urrea, site license coordinator, IRIS, Arizona State University.

StatServer is also used by Fortune 1000 companies such as Pillsbury, Merck and Merrill Lynch to deploy Web-based data analytics.

Availability

Pricing and information about the new site license program, as well as StatServer, is available from Insightful Corporation, at 1-800-569-0123 x247 or academic@insightful.com.

About S

S-PLUS and StatServer are based on S, an object-oriented language licensed from Lucent Technologies specifically for data visualization, exploration and programming with data. S provides a rich, object-oriented environment designed for interactive data analysis and application development. With a large library of functions for all aspects of computing with data, S offers unmatched power, flexibility and extensibility. In 1998, John M. Chambers and the S System were honored with the prestigious Software Systems Award given by the Association for Computing Machinery. Other hallmark technologies recognized with this award include UNIX, TCP/IP, and Mosaic. More information is available at www.acm.org/awards/ssaward.html. Insightful Corporation has the exclusive, perpetual, worldwide rights to develop and distribute products incorporating the S technology.

About Insightful Corporation, Formerly Known as Mathsoft Inc

Founded in 1984, and following its January 2001 sale of its Engineering and Educational Products Division, MathSoft now does business as Insightful Corporation. Insightful Corporation is a leading supplier of software and services for predictive analysis, data mining and business intelligence. Its customers include most of the major financial services, biotechnology, pharmaceutical, high tech manufacturing and telecommunications firms throughout the world, in addition to a large number of research institutions in government and academia. The company has more than 145 employees, with corporate offices in Seattle, Washington and Bagshot, England and an extensive network of international distributors.

More information about Insightful Corporation is available at www.insightful.com, at 206-283-8802 or via mail at 1700 Westlake Avenue North, Suite 500, Seattle, WA 98109.

Contact Insightful Corporation, Judy McOstrich, 206-283-8802 x356, jmcostrich@insightful.com.