Insightful Receives Two-Year $750,000 Research Grant From NIH/NCI.Business Editors, High-Tech Writers Advanced Innovative Analytics to Deliver Better Information for Understanding, Diagnosing and Treating Life-threatening Disease Insightful Corporation (Nasdaq:IFUL), a leading provider of enterprise software solutions for search and analysis of text, images and numerical data Numerical data (or quantitative data) is data measured or identified on a numerical scale. Numerical data can be analysed using statistical methods, and results can be displayed using tables, charts, histograms and graphs. , has been selected by the National Cancer Institute to build cutting-edge algorithms for functional data analysis. Functional data analysis allows researchers and analysts at leading pharmaceutical companies to identify patterns, trends and relationships in medical data to make better, more informed decisions concerning disease treatment and eradication. Insightful's world-class scientists will develop powerful functional data analysis solutions for complex analysis of medically related conditions, such as tumor tumor: see neoplasm. growth patterns and melanoma melanoma: see skin cancer. melanoma Dark-coloured malignant tumour of skin cells that produce the protective skin-darkening pigment melanin. incidence rates. Sophisticated methods of analyzing medical data will provide researchers with the information they need to gain a better understanding of the underlying physical attributes of specific diseases, such as cancer. "Insightful has a leadership position in analytics for medical research and new drug discovery," said Shawn Javid, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , of Insightful. "For 15 years, we have empowered leading organizations in advanced medical research as well as accelerated the drug discovery process from the initial drug discovery phase through clinical trial validation. Insightful's sophisticated analytic methods help decision-makers gain intelligence from data to improve the human condition." Insightful reports research income as a reduction of research and development expenses in its 10Q and 10K filings with the SEC. 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 mining, business analytics, knowledge management, and information retrieval information retrieval Recovery of information, especially in a database stored in a computer. Two main approaches are matching words in the query against the database index (keyword searching) and traversing the database using hypertext or hypermedia links. enabling clients to gain intelligence from numerical data, text, and images. Insightful products include InFact(TM), Insightful Miner, S-PLUS(R), StatServer(R), S-PLUS Analytic Server(TM) and VisiMine(TM). Insightful consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and 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 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, Germany, Switzerland, and the United Kingdom with distributors around the world. For more information, visit www.insightful.com, email info@insightful.com or call 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 release contains forward-looking statements for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions under The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, but not limited to, our ability to attract and retain government grants, our ability to penetrate new vertical and end-user markets, our ability to introduce new products in a timely fashion, rapid changes in technology, defects or errors in our software, privacy and security concerns, market acceptance of our products, and our ability to adequately protect our intellectual property. Please refer to the cautionary statements appearing in our most recent annual report filed with the Securities and Exchange Commission for a discussion of these and other various factors that could cause Insightful's actual results to differ materially from those discussed in forward-looking statements Insightful, the Insightful logo, "intelligence from data", "human-like intelligence", InFact, S-PLUS Analytic Server and VisiMine are trademarks of Insightful Corporation. S-PLUS and StatServer are registered trademarks of Insightful Corporation. Other trademarks mentioned are the property of their respective owners. |
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