CollabraSpace Attracts Insightful as New Technology Partner

Government- and private-sector organizations reap benefits of collaborative IT work environments

Arnold, Md. — August 19, 2002 — CollabraSpace™ today announced the formation of a new strategic partnership with fellow technology company, Insightful (NASDAQ: IFUL). The partnership, due in part to CollabraSpace's most recent software launch, Version 2.2.5, will ally the companies' respective desktop products, Rooms and Insightful Miner. Mathematicians, analysts, and data miners within the government and private sectors are among those that will benefit from the alliance.

"Insightful has a history of providing proven, predictive analytic solutions to intelligence-based government organizations. We are excited to work with CollabraSpace to provide an integrated analytic solution to help end-users gain and share intelligence from data. Insightful software is scalable and flexible integrating easily into Web-based solutions such as those offered by CollabraSpace," said Shawn Javid, president and CEO of Insightful Corporation.

Through the CollabraSpace and Insightful partnership, Rooms and Insightful Miner will accelerate workflow, productivity, and security in virtual workspace environments. Secure file sharing, version control, presence awareness, text chat, and white boarding are among some of the benefits end users will reap.

Ray Schwemmer, president and CEO of CollabraSpace commented, "In a July 1 article, "Get Together," InformationWeekreported a trend that only 12% of businesses are in the advanced stages of using IT to support collaborative-business initiatives." Schwemmer continued, "Along with Insightful, we look forward to sky rocketing that percentage for business and government alike."

About CollabraSpace
CollabraSpace (www.collabraspace.com), founded as NuVenture Software Solutions in 1998, provides governmental agencies, Fortune 500 companies, and international businesses with fully customized, integrated and real-time virtual workplace software. Located in Arnold, Md., CollabraSpace produces four collaboration products, Rooms, LineOne, SecureChat, and CollabraSuite. The company's flagship product, Rooms, features secure instant messaging and text chat, presence awareness, user identification and profiles, multiple conference rooms, and a navigable environment of offices, floors and other levels of division.

About Insightful
Insightful Corporation (NASDAQ: IFUL) provides enterprises with scalable data analysis solutions that drive better decisions faster by revealing patterns, trends and relationships. Insightful is a leading supplier of software and services for statistical data mining, business analytics, knowledge management and information retrieval enabling clients to gain intelligence from numerical data, text, and images. Insightful products include InFacttm, Insightful Miner, S-PLUS, StatServer, and S-PLUS Analytic Server. 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 fifteen 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, Germany, 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.

CollabraSpace Contact:
410-224-4343
Contact Us

Insightful Contact:
Judy McOstrich
800-569-0123 ext. 356