SOURCE: Insight Management Corporation

Insight Management Corporation

November 06, 2009 09:00 ET

Insight Management Forward Stock Split Record Date Change

ORCUTT, CA--(Marketwire - November 6, 2009) - Insight Management Corporation (OTCBB: ISIM) announced that ISIM management and the board of directors have changed the record date (effective date) of the previously announced 7-for-1 forward stock split to Friday, November 6, 2009 with a payable date of Monday, November 9, 2009 as a result of a delay in approval by FINRA due to additional information requested. Each shareholder of record on November 6, 2009 who holds common stock will be entitled to receive 7 shares for every one share held.

All ISIM shareholders, both those holding shares through a brokerage account and those physically holding their certificates, will have their shares automatically adjusted electronically with the Company's transfer agent to reflect the forward stock split on the effective date. Issuance of new stock certificates will not be required, however, stockholders may, if they choose, obtain a new certificate from the transfer agent for a customary exchange and mailing fee. The contact information for the transfer agent may be found on the Company's website.

For more information, please contact Investor Relations at +1-866-787-3588 or by email at ir@insightmanagementcorp.com

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.

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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