updated 9/16/2010 2:16:30 AM ET 2010-09-16T06:16:30

NEW YORK, Sept. 15, 2010 (GLOBE NEWSWIRE) -- Insight Management Corporation (OTCBB:ISIM) welcomes Kevin Jasper as the new Chief Executive Officer. Mr. Jasper takes over the helm from Mr. John Vota, who resigned from the Company for health reasons. Mr. Jasper has spent most of his career in the private sector as a CEO, Treasurer and Director for small corporations in the commercial recording industry, real estate industry and international entertainment distribution industry.

Currently President/Treasurer and director of 341 West 47th Street Corp., real estate and property management, Jasper is also a partner of Groove Capital Entertainment Group, LLC, a New York limited liability company, engaged in the representation, marketing and distribution of media for American and Japanese business groups.

Mr. Jasper brings a spirit of change and strategic plans for redirecting the ISIM business identity to include "green technologies".  ISIM welcomes Mr. Jasper as a creative and compelling leader with the focus necessary to guide the Company into new growth industries in renewable energy.

About Insight Management Corporation (OTCBB:ISIM)

Insight Management Corporation (ISIM) is a public holding company focused on the green energy industry. The company acquires oil and gas services businesses with substantial revenues, profitable operations, established customers and proven management teams. Insight Management creates synergistic alliances, provides access to capital markets and capitalizes on the expertise of its subsidiaries to achieve company growth and value for shareholders.

The Insight Management Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8002

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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