ORCUTT, Calif., Aug. 10, 2009 (GLOBE NEWSWIRE) -- Insight Management Corporation (OTCBB:ISIM) today announced that pursuant to the terms governing the acquisition of Rebel Testing, Inc. (RTI), the independent auditing firm of Lawrence Scharfman & Co., CPA PC, completed its audit of RTI for the years ended December 31, 2007 and 2008, in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB). The auditor's opinion stated that "the financial statements referred to above, present fairly, in all material respects, the financial position of Rebel Testing Inc."
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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.
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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. RTI's website: www.rebeltesting.com
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.