Briefs

CAMBRIDGE, Mass.-- --Jan. 23, 2001--

MATHSOFT, INC. (NASDAQ: MATH), a leading provider of technical
software and services, today announced the sale (for $7 million) of
its engineering and education products division (EEPD) to a private
company formed by its management team and headed by Chris Randles,
formerly a Senior Vice President of Mathsoft and the General Manager
of its Engineering and Education Products Division.

Mathsoft, inc. will proceed to do business as Insightful corporation,
based in Seattle and under a new trading symbol (NASDAQ: IFUL).
Shawn Javid will be the new CEO of Insightful.

Insightful Corporation is a leading supplier of software and services
for predictive analysis, data mining, and business intelligence. Its
customers include most of the major financial services, biotechnology,
pharmaceutical, high tech manufacturing and telecommunications firms
throughout the world in addition to a large number of research
institutions in government and academia. The company has more than 140
employees, with corporate offices in Seattle, WA and Bagshot, England
and an extensive network of international distributors.

Insightful will distribute former Mathsoft data mining related products
S-PLUS and StatServer.

See www.insightful.com