Leading Edge R&D:

INSIGHTFUL'S TEXT MINING WITH "HUMAN-LIKE INTELLIGENCE"

Insightful Corporation, a leading provider of enterprise software solutions for search and analysis of text, images, and numerical data, announced the availability of InFact, an advanced text mining solution for information retrieval.

The company believes InFact is currently the only commercial technology of its kind to embody human-like intelligence, thereby empowering knowledge workers and decision-makers to make better decisions faster in a wide range of critical, high-value business areas.

InFact consists of 20 sub-systems -- several with patents pending -- most of which were originally developed by Insightful scientists over a five-year period for U.S. military and intelligence agencies. The resulting system is able to achieve a human-like understanding of text and modifies its behavior and responses accordingly. Because it can peruse millions of documents a day, InFact provides accurate, reliable, and actionable answers and analyses not practical with human workers and not possible with competing technologies.

"InFact is the breakthrough that makes possible true knowledge management, consolidation and access to institutional memory, and the ability to make sound business decisions based on all of an organization's resources," said Shawn Javid, Insightful Chairman and CEO. "In terms of business value, we believe InFact is at least three generations ahead of all competing technologies and is able to solve the sort of important, high-impact business problems that previous technologies with their rote processing limitations never could."

"I am very impressed with the way InFact 'makes sense out of sentences'," said Jared Murayama, CEO of Omen Inc. "This revolutionary technology moves the precision level of results to a new high while providing a remarkably easy-to-use interface. The unique combination of powerful text analysis and flexible presentation of results to the user offers the best options for precise recall of unstructured information that I have seen in over twenty years of providing robust information retrieval and categorization solutions to clients."

"Building on a strong computational linguistics foundation, InFact has taken a significant step beyond current commercially-available search, categorization, and text mining tools that use keyword or statistically-based approaches," said Dan Sullivan, CTO of Redmont Corporation. "InFact is the first commercial product I've seen to move beyond indexing named entities to actually identify the relationship between those terms."

"IDC projects growing corporate and public sector interest in unstructured text and image mining through a natural language interface. Software enabling such analysis provides users with faster and more accurate searches. Beyond search, the integration of structured and unstructured data analysis is a big theme in enterprise data analysis," said Dan Vesset, IDC's research manager for data warehousing and information access. "In these areas, Insightful is delivering real innovation, based on its long history in statistical data mining and high-end analytics."

Key Features

• The InFact solution is a stand-alone system, that can support any enterprise network or knowledge store(s), regardless of operating system, legacy applications, or data formats. InFact can ingest into a single database any and all of a company's knowledge base: from a single technical or customer service repository to a Fortune 500 company's entire knowledge store -- every document and record the company has ever stored.
• InFact handles text + image + numerical data in any common format, structured or unstructured.
• When answers are present in the underlying document corpus -- no matter how obscure or deeply buried inside documents those answers might be -- InFact will return the best direct answers to questions, with links directly into the source document. Competing technologies return a list of documents where the answer might or might not be, and then require the user to read through documents to try to find the answer.
• Results are in the multimedia form that best answers the question: text, charts, images, maps, tables, etc. -- When a direct answer is not available in the underlying content, InFact can generate a precise analyzed / synthesized answer.
• InFact embodies a human-like intelligence by processing and retrieving knowledge in a manner similar to the human brain. Semantic and syntactic methods understand the meaning of each sentence and the context of each word within a sentence, and can make complex associations across the entire knowledge base.
• Automated, incremental indexing techniques eliminate manual "meta-tagging" or model training, enabling InFact to handle new content effortlessly, dramatically reducing the costs associated with implementing and maintaining large knowledge management solutions.
• Statistical representations of concepts derived are language-independent, thereby enabling the location of relevant facts within documents without translation. Availability InFact is available today for Sun Solaris systems. An InFact license for a single knowledge management system starts at $250,000.

About Insightful

Insightful Corporation 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 mining, business analytics, knowledge management, and information retrieval enabling clients to gain intelligence from numerical data, text, and images.

Insightful products include InFact, Insightful Miner, S-PLUS, StatServer, S-PLUS Analytic Server and VisiMine. 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 fifteen 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, Germany, Switzerland, and the United Kingdom with distributors around the world. For more information, visit www.insightful.com.

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