Insightful Miner Selected as a Finalist for the 19th Annual Codie Awards; Record Breaking 800 Nominations from More Than 600 Companies

SEATTLE, WA, Jan. 8, 2004--Insightful Corporation (Nasdaq:IFUL), a leading provider of software solutions for analysis of numeric and text data, has been named a finalist for the 19th Annual Codie Awards by the Software & Information Industry Association (SIIA). Insightful Miner 3, the company's easy-to-use, scalable data analysis software was named as a finalist in the "Best Numeric/Database Application" category. The awards honor the software and digital industry's finest products and services and recognize excellence for corporate achievement and philanthropic efforts.

Insightful Miner 3 helps leading analysts build and deploy predictive models that boost product performance and improve the efficiency of critical business processes. With its easy-to-use visual workmaps and new support for server-based analysis and deployment environments, Insightful Miner 3 provides a highly scalable and extensible data analysis workbench for addressing a range of predictive modeling problems found within finance, biopharmaceutical and government organizations. For example, Insightful Miner offers an end-to-end solution for financial analysts who need to optimize loan portfolio performance. Insightful Miner also smoothly links to and scales custom analytical methods written in S-PLUS(R), Insightful's leading data analysis programming language.

"We are excited that Insightful Miner has been selected as a finalist by the SIIA," said Jeffrey Coombs, president and CEO of Insightful Corporation. "As an integral part of the S-PLUS product family, Insightful Miner is helping customers better understand, predict and manage their businesses by scaling S-PLUS analytics and applying data mining capabilities to very large datasets. This recognition reflects our commitment to our customers to deliver the best data analysis suite for the complete data analysis life cycle, from model prototyping to enterprise production."

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, StatServer(R), S-PLUS Analytic Server(R) 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, email 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, "Insightful 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.

Insightful Corporation
Judy McOstrich, 206-283-8802 x356