KnowledgeFilter,
Inc.
KnowledgeCenter Software
Executive
Summary
"Datamonitor Inc., a New York research
firm estimates that revenue from self-organizing knowledge-sharing sites
could rise to $ 6.77 billion by 2005 from an estimated $ 108 million in
2000." -The Wall Street Journal,
July 10, 2000.
The Company
KnowledgeFilter Inc. ("the Company") was
incorporated as a California C Corporation in July 1999. The Company has
developed a proprietary knowledge-sharing platform that provides Internet
businesses with a new set of tools for building loyal on-line communities
while automatically generating valuable Website content.
KnowledgeFilter, Inc. is an infrastructure
provider that enables Internet companies to build community, create, manage
and distribute low-cost and increasingly valuable content on the Web. KnowledgeCenterSoftware
transforms peer to peer content into potent viral marketing and community
building opportunities for Web companies. Licensed sites build community
via peer generated, self-organizing content, and engage in effective targeted
marketing based on the specific known interests of site visitors who interact
through KnowledgeCenter Software.
The Company's mission is to introduce and
establish its unique self-organizing user-generated content engine as THE
standard Internet knowledge-sharing platform.
KnowledgeFilter Inc. will derive revenue
from:
-
Licensing and customization of the software
-
Licensing of the core technology to third
party infrastructure providers
-
Sale of advertisements, promotions, and sponsorships
-
E-commerce partnerships
-
Specialized software applications based on
the company's core technology
Value Proposition
KnowledgeFilter, Inc.'s self-organizing,
collaborative information sharing and knowledge filtering software offers
a powerful new tool for accessing Web based information.
With the exponential increase in information
available on the Web, and the increasing concerns over the reliability
of much of the information, traditional search engines and online threaded
discussion forums have reached the limits of their usefulness. Collaborative
knowledge filtering allows users to benefit from the combined knowledge
and experience of large groups of people with interest and experience in
any topic.
The filtering functions allow users to
"separate the wheat from the chaff" in collaboratively generated knowledge
bases. The software allows users to custom sort information and opinions
in ways that are ideally suited to their own personal needs. It also allows
users to contribute and view comments and corroborating links supporting
both sides of controversial issues.
KnowledgeFilter Inc.'s patent-pending
KnowledgeCenter Software provides e-commerce Web sites with a powerful
set of tools for building loyal online communities while automatically
generating valuable Website content at minimal cost. The Software is used
to create customized consumer knowledge-sharing forums, with easy and convenient
access to topic specific information from a variety of sources. This information
can be self-tailored to individual consumer needs and interests. Online
information is enhanced by access to collective consumer experience via
posted comments and opinions. Content that is generated by Web site staff
or subject "experts" can be separately tracked and sorted by individual
forum users. KnowledgeCenter forums provide targeted marketing opportunities
when users access and sort content. Forums can be linked directly to online
catalogs. Forums generate repeat Website traffic while giving consumers
access to the relevant information they increasingly demand.
Knowledge is power and companies that implement
knowledge-sharing technology provide their online customers with distinct
consumer advantages. Advantages that increase sales, generate low-cost
content, provide valuable customer insight with targeted marketing opportunities,
while helping to ensure customer loyalty in an increasingly competitive
e-commerce environment.
Revenue Model
KnowledgeCenterë Software transforms peer-generated
content into potent targeted marketing opportunities for Web companies.
KnowledgeCenterë forums generate repeat Website traffic while giving consumers
quick access to the relevant and reliable information they increasingly
demand. The software is designed to attract demographically focused "sticky"
traffic to virtually any Web site. KnowledgeFilter Inc. will derive revenue
from:
-
Licensing and customization of the software
-
Licensing of the core software to third
party infrastructure providers
-
Sale of advertisements, promotions,
sponsorships & E-commerce partnerships
-
Specialized software applications based
on the companyís core technology
-
A central KnowledgeCenter.com portal site
will provide links to licensee sites and additional advertising and marketing
opportunities.
"Datamonitor Inc., a New York research firm
estimates that revenue from self-organizing knowledge-sharing sites could
rise to $ 6.77 billion by 2005 from an estimated $ 108 million in 2000".
(The Wall Street Journal cover story: Self-Organization The Next Big Thing
July 10, 2000)
Barriers to Entry
KFIís technology has been in development
since 1995 and a provisional patent application was filed in October of
1999. Additional US and international patent filings are in process
and indications are that one or more defensible patents will be issued
by the USPTO. A number of key potential alliance partners have signed
non-circumvention agreements and have expressed interest in KFIís proprietary
software design.
Market Strategy
KnowledgeCenter Software is a peer-to-peer
application that targets the B2B marketplace. The Software will be marketed
directly to Web sites interested in creating knowledge sharing forums.
The Company will also provide core software
to firms that specialize in Internet infrastructure construction, creating
and maintaining commercial Web sites, where the self-organizing, content
generating software will become an integral part of their service packages.
These firms will market the software to individual Web sites.
A direct sales staff will be devoted to
marketing KnowledgeCenter Software, related services and advertising to
Web sites. The Company will explore and develop relationships with online
advertising firms to offer software clients a turnkey option of exploiting
the targeted marketing opportunities KnowledgeCenter Software presents.
Technology
KnowledgeFilter, Inc.'s self-organizing,
knowledge-concentrating software works like a large-scale, peer to peer
"word-of-mouth" process, allowing users to compare notes with hundreds
or thousands of people in order to find out what might be "true" or effective
in virtually any area of human knowledge or experience. The software can
be used to collaboratively generate new knowledge in specialized fields
as well as to combine, organize and access existing bodies of knowledge
or opinion.
KnowledgeFilter, Inc.'s patent-pending
technology has three key components:
First, it allows users to contribute information,
opinions and comments on postings contributed by others and to suggest
or create new topic sub-divisions. A peer to peer knowledge transfer.
Second, it tracks how others respond, rate
and comment on contributions.
Third, it sorts the postings according
to user feedback, allowing custom sorting of postings by any combination
of criteria such as value, effectiveness, popularity or consistency with
information from other sources. It also allows the information to be sorted
by source or by contributor ranking. Sources as well as content can be
collaboratively rated.
The Company has developed a simple and
intuitive "Knowledge Navigation Console" format that is positioned to become
the de facto standard for future knowledge-sharing communities and
applications.
Management
Team
Board of Directors:
Billy White- Director, Chairman
Former Netscape Director for Telecommunications
Markets
David Coleman- Director, KM & GroupWare
Advisor
Founder of Collaborative Strategies, GroupWare
expert, author of GroupWare books.
Ron Pernick -Advisor
Principal of Web Strategies, Inc.; The
Well, Preview Travel
Chris Mentzel- Director, VP, Secretary
Founder of Speedlane Inc., Privatizer,
Lasec
Dean LaCoe- Director
Vice President of Marketing for Motion
Analysis
Bill Atkinson -Technical Advisor (advisory
board)
Principal Apple Computer Developer (Lisa
& Macintosh); developer of HyperCard, Quickdraw, MacPaint; founding
general partner of General Magic-MagicLink
Management Team:
Michael Heumann - Founder, President,
Director
Founder, Videosource.com, Sonoma Video
Production, and Special Interest Video; interactive education specialist
Keith Cooley CTO, VP, Product Development
Software Developer - Founder, Coolware,
Palo Alto Ca.
Bill Mitchell- CFO, Investor Relations
VP, CFO, Hammon, Jensen, Wallen &
Assoc. CFO, Wahler Assoc.
Carol Snider- UI Design, QA Testing,
Alliance Liaison
Educational Software Designer, Disney,
Humongous
Miles Kurland- Webmaster, Graphic Designer
Owner, Kurland Digital
Legal Representation:
White & Lee LLP, Palo Alto
Corporate Law & Finance
Sawyer Law Group, Palo Alto Intellectual
Property
Financial
Summary
The Company is seeking $ 1 million in interim
financing to expand the Management Team, for software improvements, marketing,
strategic alliances and for general operating costs. |