The fourth quarter was the strongest quarter in Insightful Corporation's history. We are seeing the return on our investment in our S-PLUS® software and its enterprise capabilities. |
The spring release of the S-PLUS 7 platform, along with several vertical application modules built on that platform, clearly demonstrates our dedication to making the S-PLUS product line the industry leader across the data analysis lifecycle, from prototyping to enterprise deployment of predictive analytics. |
We are happy with our overall financial performance in 2005. In addition to our first million-dollar software license deal, we also saw our first million-dollar plus professional services engagement. The engagement, to improve and automate the risk management systems of a large European financial institution, has been a success for both Insightful and our client. We have also invested in our products to set the stage for potential continued revenue growth. |
We closed the first software license deal in the history of the company to exceed one million dollars. The deal, to a large financial institution, would not have been possible without the added functionality we delivered with our S-PLUS 7 release earlier in 2005. |