SOURCE: Insight Management Corporation

Insight Management Corporation

November 24, 2009 07:00 ET

Insight Management Files 10-Q, Demand for Operating Subsidiary Services Remains Strong

ORCUTT, CA--(Marketwire - November 24, 2009) - Insight Management Corporation (OTCBB: ISIM) today announced that it filed its quarterly report for the period ended September 30, 2009. Demand for oil field services from Insight Management's subsidiary Rebel Testing (RTI) remains strong and RTI's EBIDTA more than doubled during the third quarter to $214,505, an increase of 131% compared to the second quarter of 2009. President and CEO Jennifer Rapacki commented, "Rebel Testing's long time relationships with their customers have allowed the company to remain profitable this year during these challenging economic times and we are in a strong position to add significantly to the bottom line during the remainder of 2009 and in 2010 as the oil and gas sector continues to recover from the recession."

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About Insight Management Corporation

Insight Management Corporation (ISIM) is a public holding company whose core business is focused in the oil and gas industry. The company has a strategic plan for growth through acquisition and functions from the perspective of an engineering firm. This is the nucleolus that directs what acquisitions are made and creates strategic alliances, develops proprietary technology and patents that bring the expertise and ultimately creates the real value for Insight Management. The Company expects to retain the strong management teams in each business unit, capitalizing on their local knowledge of competitors and operating climate, along with their loyal customer relationships.

About Rebel Testing, Inc.

Rebel Testing, Inc. (RTI), of Gillette, Wyoming, has been in business for over eighteen years and is a leading Rocky Mountain regional oil and gas field services provider. The company maintains a fleet of pump hoist trucks servicing the greater Powder River Basin. RTI also has operations based in Colorado focused on servicing & pressure testing blow out preventers and provides these services in the greater Colorado, Wyoming and Utah areas. Customers include, among others, two Fortune 500 oil and gas corporations.

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. ISIM has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the ISIM's current beliefs and are based upon information currently available to it.

Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the ISIM's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. ISIM undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

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