February 11, 2002 - Insightful Corporation (NASDAQ: IFUL), a leading provider of enterprise software solutions for data analysis, and e-academy, the market leader in software site-license distribution for higher education, today announced that S-PLUS, the most comprehensive statistical analysis software, is now available for free student download, or for $20.00 on CD-ROM using e-academy’s controlled distribution system. This program is expected to rapidly increase the adoption of S-PLUS as the standard analytic tool of choice in classrooms at universities nationwide.

"Cutting the cost of the S-PLUS Student Version will dramatically increase the number of people prepared for sophisticated data analysis projects," said Peter Hallett, vice president of marketing and business development, of Insightful. "This benefits the student, the university, future employers and Insightful. Once someone learns S-PLUS they love the productivity and flexibility it provides which will create commercial demand for our software."

"It is important for software vendors, like Insightful, to make their cutting-edge products available at low or no cost for use by students. This allows instructors to pair the best textbooks and on-line teaching materials with award-winning software like S-PLUS. These programs provides students with the tools they need to successfully complete their academic work and transition into the commercial world easily," said Roy Welsch, Professor of Statistics and Management, M.I.T. Sloan School of Management.

AVAILABILITY
The S-PLUS Student Edition complements the existing Insightful university site-license policy by making it free for verified students (download version only, 130MB) to install a one-year, dataset-size limited version of S-PLUS 6.0 for their personal computer. For convenience a CD-ROM version is available for $20US plus postage.

For details visit http://splus.e-academy.com.