Chase Auto Finance Selects Insightful's S-PLUS; S-PLUS Improves Financial Product Performance by Reducing Risk and Improving Predictive Modeling.

Business Editors/High-Tech Writers

SEATTLE--(BUSINESS WIRE)--Aug. 20, 2003

Insightful Corporation (Nasdaq:IFUL), a leading provider of software solutions for analysis of numeric and text data, today announced that analysts at Chase Automotive Finance, a division of J.P. Morgan Chase Bank have selected S-PLUS(R) to manage risk and improve predictive scoring models.

With a fully integrated, nationwide auto finance business, Chase Auto Finance is one of the largest bank originators of new vehicle loans and leases in the United States with more than $40 billion in managed assets. Analysts at Chase Automotive Finance use S-PLUS daily to manage risk and build predictive models that optimize financial performance of the company's assets. S-PLUS offers cutting-edge analytics combined with a flexible, extensible programming language, allowing analysts to build new models quickly to meet changing market demands.

S-PLUS provides Chase analysts with risk management tools for strategically managing in-field performance of retail, lease, balloon and floor plan financial products. "We selected S-PLUS because it is the premium analytic tool for performing robust statistical analysis," said Dr. Timothy Lee, VP, Modeling Analysis, Collections and Remarketing Strategy of Chase Automotive Finance. "With thousands of financial products in our portfolio, we need to gain better understanding of what's currently happening and what's likely to happen to ensure that we respond in a way that reduces corporate risk and improves profitability. S-PLUS provides analytic tools that help us access, analyze and present information with confidence to key decision-makers."

"Insightful has established a solid reputation in the financial services industry for delivering robust risk management and predictive modeling solutions that help companies optimize financial performance," said Shawn Javid, president and CEO, of Insightful Corporation. "Chase Auto Finance and others use our technology to extract high-quality information to understand the current value of their assets and to predict how their assets will perform in the future."

About Chase Auto Finance

Chase Manhattan Automotive Finance (Chase Auto Finance), together with its affiliates, is the largest bank purchaser of automotive retail installment contracts and leases in the US. With a network of more than 12,000 affiliated auto dealers with two million customers nationwide, Chase Auto Finance has a portfolio in excess of $40 billion. Headquartered in Garden City, Long Island, Chase Manhattan Automotive Finance Corporation is a wholly owned subsidiary of J.P. Morgan Chase Bank, a subsidiary of J.P. Morgan Chase & Co. (NYSE:JPM).

About Insightful

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 InFact(R), Insightful Miner, S-PLUS(R), StatServer(R), and S-PLUS Analytic Server(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 16 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 www.insightful.com, email [e-mail] or call 1-800-569-0123.

Note to Investors -- Forward Looking Statements

This press release contains forward-looking statements, including statements about the capabilities of our software and acceptance of our products in certain vertical markets. 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 risks associated with errors or defects in our software and the risks associated with our ability to gain market acceptance of our products. 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 Quarterly Report on Form 10-Q and our Annual Report on Form 10-K for the year ended December 31, 2002. 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.

Insightful, the Insightful logo and "human-like intelligence" are trademarks of Insightful Corporation. "Intelligence from data", S-PLUS, StatServer, InFact and S-PLUS Analytic Server are registered trademarks of Insightful Corporation. Other trademarks mentioned are the property of their respective owners.