Investors, Angels, Hi Tech Investment Capital Sought for iSiT? Startup Technology-Ranked First by Representatives of Google, IBM

Printer-friendly versionPDF version

iSiT? is a Web 2.0, Web 3.0 software application based on deep knowledge of data base integration, a clever application of journalistic principles and integration with SEO algorithms. Because iSiT? is a computer generated service that takes into account changing reliability factors, the most reliable news sources and massive amounts of data, there is no need to wait for a human response to verify online facts. A provisional patent has been filed on the software application.

Suppose you're reading a news or feature article on the Internet from Google News, The New York Times, AP, Reuters, Wikipedia or a blog regarding a new state-of-the art mobile phone that just seems too good to be true. Or maybe you just read reports about violent riots in Egypt, Yemen or Iran, a news story about a raging forest fire in California or any natural disaster occurring in some corner of the world. Or you saw a headline about the financial insolvency of another country in Europe or even the closing of your local bank. You say to yourself, "Is it a fact? Is it true?"

Today large amounts of information found on the Internet are often subjective, reported with a bias or with intent to distort or misrepresent facts. Almost anyone can post a blog online or publish information on such sites as Wikipedia. The reader is left to wonder, "Is it fact"?

"The iSiT online, fact checking software application is being developed so that people can verify the credibility of online information in real time," says David Marcus, CEO of Isit?.

"This highly creative startup idea was judged as the first place winner by a jury made up of representatives from Google, IBM and Sun Microsystems at a Startup Weekend Israel competition," says Marcus.

Marcus says that during 2010 the original team of founders reorganized themselves into a company called Isit Ltd., brought in some new key people, posted its Website at http://www.isitfact.com and wrote a comprehensive business plan and product roadmap to attract investment capital.

"People have rightfully become highly skeptical of what they read online and what information they can rely upon," says Marcus. "Online information has become the lifeblood of our work, investments, finance, business, trade, leisure, entertainment, friendships and families. iSiT? will be used by millions of people that need to quickly check the credibility of general news, finance, politics, sports and entertainment and pass it on to their social networks through Facebook, Twitter, LinkedIn and YouTube. Currently there is no professional, quick and reliable method by which a person can verify the credibility of information online in real time. The award winning iSiT? Internet fact checking software application fills this gap."

"The iSiT? software will provide its users with 'credibility in a click' ", relate the founders of iSiT?. "We envision three target Internet markets for generation of revenues: the PC market, the corporate B2B market and the B2C smart phone application market. In addition, advertising and licensing opportunities will be aggressively pursued."

"We are seeking immediate investment for this Google, IBM judged award winning software application," says Marcus.

"We have a winning product. We just want to make sure that the baby is born and developed in the most effective, practical and timely manner."