Insightful Hires New Vice President of Research and Development.SEATTLE -- Insightful Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :IFUL) a leading provider of software solutions for analysis of numeric and text data, today announced that Murray E. Laidley has joined the company as Vice President of Research and Development. Laidley has held VP-level engineering roles in high-tech software companies since 1993, most recently as Vice President of Technology for Qpass, Inc. in Seattle. At Qpass, he was responsible for rapidly creating and implementing tightly integrated product development, quality, and delivery processes to re-architect and launch the company's product line. In this role, he met customer demand for carrier-grade solutions operating at exceptional scale with very high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. . He previously held the position of Vice President of Engineering at Seattle-based Tidemark tidemark undulating line that forms in the deep layer of the articular plate when growth of the bone ceases. It mineralizes but does not ossify. Called also blue line. Computer Systems, Inc. before Tidemark was acquired by Accela in 2000. "We're delighted to have Murray as part of the Insightful team," said Jeff Coombs Coombs can refer to:
de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, for analytic model prototyping, data exploration and data visualization See information visualization. on the desktop, to broad deployment throughout businesses in production environments analyzing gigabytes of data and deployed to hundreds of users." "My experience successfully delivering world-class server products to customers that have very large infrastructures with multiple-platform requirements will help Insightful's team deliver products that move beyond the desktop," said Laidley. "I'm excited to join Insightful's solid management team in its current growth cycle." 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 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 The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , pharmaceuticals, biotechnology, telecommunications, manufacturing, plus government and research institutions. Headquartered in Seattle, Insightful has offices in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , France, Switzerland, and the United Kingdom, with distributors around the world. For more information, visit www.insightful.com, email info@insightful.com or call 1-800-569-0123. Note to Investors -- Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This press release contains forward-looking statements, including statements about the role Mr. Laidley will play at Insightful; the adoption of the S-PLUS product family beyond its traditional base; the delivery of products that move beyond the desktop; and our current growth cycle. 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 risks associated with our ability to retain our key employees or management team; customer acceptance of our software; errors and defects in our software; economic conditions; our ability to compete successfully in our chosen markets; and our general ability to grow our business. 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 Form 10-Q See 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. |
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