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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