IPO Candidate WhiteSmoke Generates Revenue of $3.3 Million Last Quarter

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IPO Candidate WhiteSmoke Generates Revenue of $3.3 Million Last Quarter
By Katherine Belle

WhiteSmoke Inc., an English writing and translation software company seeking to go public in the U.S., published their latest numbers from quarter 1 of 2011 in the company's latest initial public offering prospectus on Monday, June 27th, 2011. The company offering is being underwritten by Rodman & Renshaw LLC and EarlyBirdCapital Inc., popular companies in the IPO scene.
WhiteSmoke has applied for Nasdaq listing under the ticker symbol “WHSM” while targeting the Education, Government and Business markets, all showing a growing demand for what this small hi-tech company offers. WhiteSmoke Inc. claims in their prospectus that though there are other companies they consider competitors in similar markets, they have yet to see anything similar to or at the level of their own solution. The Education, Government and Business markets are huge, and with the statistics in the “Industry” section of their prospectus showing the growing need for English as a common language on a worldwide scale, it seems this company has a bright future ahead of them.
The company has developed a PC solution that corrects grammar, spelling, style, punctuation and structure errors in texts as well as translates full texts and single words to and from nine languages. In addition, their product includes a Templates tab allowing the user to choose from a multitude of letter templates for instant use. A Mac version identical to their current PC version will be available by the end of this fiscal year. Also predicted to be launched by the end of this year is the WhiteSmoke Facebook application. In addition, applications for iPhone, iPad and Android are predicted to be launched by the end of 2012.
WhiteSmoke Inc., mentioned Monday that additional funding is needed to finance operations for the next 12 months. Evolution Venture Capital Fund, investors of WhiteSmoke Inc., have told the company that they are willing to provide the company with funding they require.
In addition to their flagship product, WhiteSmoke Writer, the company also offers a free trial version available for download together with toolbar applications from third-party monetization companies. Since the launch of this free product last year, it has become a huge revenue source for the company.
WhiteSmoke generated a total revenue of $3.3 million last quarter, a substantial grown from less than $1 million the year before and expect to continue to grow their operations by opening offices and hiring personnel worldwide.


Very interesting article I found on Article Base

Spain Increases English Lessons to Decrease Unemployment

Author: Katherine Belle

Spain Increases English Lessons to Decrease Unemployment

Spain currently has an unemployment rate of about 20%, which is twice as high as the European average. According to the New York Times, more and more Spaniards are searching for employment opportunities abroad. Unfortunately, many are experiencing difficulties due to poor foreign language skills, specifically their lack of knowledge of basic English. Many adults are returning to school to learn or improve their English or another foreign language.

While the current job seekers are having a hard time because of language barriers outside of Spain, education reforms are being made to ensure that future generations will not encounter such troubles. A third of Madrid's primary schools are bilingual, and by 2015 they are hoping at least half of the schools will be teaching more languages. In addition,  more and more schools have begun employing English speaking teachers.

Spain has a long way to go because in addition to struggling with vocabulary and pronunciation, even the campaign has poor grammar. The campaign to promote bilingual education boasts the slogan "Yes, we want!". Richard Vaughan, owner of Vaughn Systems, an English teaching company, estimates that less than five percent of graduates of engineering, law or business have even a working knowledge of English.

A useful tool to help improve one's English is WhiteSmoke Software. WhiteSmoke works with hi-end technology based on both statistical algorithms and NLP, or Natural Language Processing. This allows the software to actually learn how the human mind works when it comes to writing and better understand how to correct your mistakes. In addition, WhiteSmoke 2011 includes a full-text translator that allows you to translate to 9 different languages and a multilingual dictionary that translates single words and gives you usage examples of every word you translate, allowing you to see how your translated word is used in a sentence.  For those who want to improve their English, a Writing Review feature is available as well. The Writing Review gives you a detailed score of your original text with personalized improvement tips. WhiteSmoke 2011 with the WhiteSmoke Translator is a fantastic tool for those looking to improve their English.


Article Source: http://www.articlesbase.com/economics-articles/spain-increases-english-lessons-to-decrease-unemployment-4898319.html

About the Author

I'm an artist - I love making Jewelry and sculpting, which is what I do for a living. Another passion of mine is writing and literature - I'm obsessed with the English language (although I must say I love speaking Italian).


The Word is Out - No More Google Translate API

People all over the world are outraged with Google's latest news informing the public that the Google Translate API will no longer be available after December. More than outraged, it seems people are nervous and are frantically searching for alternatives before this December deadline to avoid loss of sales and revenues of their business.
Google refuses to give a valid reason for this decision other than a vague statement that their service has been abused. This doesn't seem to satisfy all the affiliate marketers and app developers who relied on this API for quite some time to build their businesses. While the rumors spread of a paid version of this API or of the chances of Google reconsidering their latest decision, many begin searching for alternatives such as Microsoft and WhiteSmoke.


100-Word Vocabulary

Soccer, or as it’s known outside of America, football, is an international game. It is watched and played around the world by fans, players and managers from all over. When the coach speaks a different language than the players, a team can run into communication issues.
Fabio Capello is the Italian manager of England’s soccer team. While one need not be particularly articulate to get by in directing a team, some language skills are certainly necessary. Yet Capello says he needs a maximum of only one hundred words to manage his players. He told BBC reporters that although he struggles when trying to speak about the economy or other issues, but he has all the vocabulary he needs to discuss tactics with his team. Capello does seem to know more than just a hundred words in English, however.
Peter Howarth, deputy director of the Language Center at Leeds University, believes that only about 1,500 words are required to communicate with the simplest, most basic English. Students of English find that while the vocabulary is not difficult to grasp, the grammar rules are quite a challenge. Susie Dent, lexicographer and dictionary expert, says that an average person has about 60,000 words in their lexicon and uses about 20,000 of them actively.
People like Fabio Capello may turn to online tools to help improve their vocabulary and grammar. WhiteSmoke 2011 with the WhiteSmoke Translator is an all-in-one English language solution. In addition to correcting grammar and spelling mistakes, WhiteSmoke 2011 offers tips for writing and style improvement. The WhiteSmoke Translator supports full-text and word-to-word translations from nine languages. Between the translator and the grammar-checker, WhiteSmoke 2011 with the WhiteSmoke Translator is the ultimate tool for people looking to learn or improve their English skills. 


Growing Emphasis on English around the World

In schools all over the world the study of English is moving up the priority list. From America to Malaysia experts agree that proper grammar can make or break a graduate’s career. According to research by the British Council, people who speak English as a second language will soon outnumber native speakers.
So what can people who are struggling with English do to help them gain the advantage of fluency and boost their careers? In addition to classes and tutors, there are also many self-teaching options.
WhiteSmoke.com, for example, offers free English lessons on their website. The lessons include everything from writing tips to example texts. WhiteSmoke's software is also an incredible tool for both native and ESL speakers. It works in pretty much any text-based application, which means it can check anything from Excel spreadsheets to instant messages. WhiteSmoke 2011 finds spelling mistakes, including contextual ones such as “too” instead of “to”. It also finds errors in grammar and punctuation. These sorts of mistakes can change the meaning of a sentence, so it’s very important to make sure to use accurate grammar and punctuation.
The tool which is probably most useful to those trying to improve their English is the WhiteSmoke Translator. While WhiteSmoke 2011 offers style suggestions and helps progress the quality of the word choice, the user can just enter the word in the Translator in their native tongue. The WhiteSmoke Translator supports full-text and word-to-word translations in nine languages. 


Affiliate Group

Just an update on my "affiliate career"!
I made three sales so far and I have to say I'm really excited! All I had to do was post specialized links on my English Literature blog and voila!
I just joined the WhiteSmoke Affiliate Group on Facebook - I recommend this group to any and all affiliate marketers, regardless if you're in the WhiteSmoke Affiliate Program or not. They post free tips on affiliate marketing and you can ask them questions about how to optimize your site, what kind of content to write...etc.!
So far, very happy with my Affiliate Marketing experience. I just might try it with some more companies soon!

See ya!


Since When Is Txt-Spk Acceptable in Real Life?

It is fairly common for people to respond to complaints of poor grammar on the internet with indifference. Many think that because communication via internet and text message is informal, proper language is not necessary. While in some situations that might be true, people have become less weary of crossing the barrier between formal and informal communication. There are all too many reports of embarrassing predicaments caused by inappropriate use of “text-speak”. Text slang has been known to pop up everywhere from school papers to job applications.

The problem extends beyond lack of capitalization. Columbian.com reported that students use shortcuts in their work such as “ur” instead of “you’re”. They write “luv” in place of “love”, and they often neglect to capitalize i’ s and the beginning of new sentences. Students even utilize “LOL” and “OMG” in their assignments. Teachers have come to accept that they will see these informal usages in their students’ work and learned the best way to deal with it is have the students turn in rough drafts. They circle the informal spelling and grammar and the students correct it before handing in the final assignment.

A far less forgiving arena in which text-speak has been spotted is business communication. Laura Wiegert wrote about such an occurrence in the Herald Times Reporter. A college graduate ended her cover letter by informing her potential employer that she was “looking 4ward to working 4 U”. Writing “there” instead of “their” is enough to get a resume trashed, so needless to say this candidate was not hired. 

Using the same shortcuts one uses for informal communication for school or business reflects poorly on the person and institution they represent. If you are prone to using text-speak without realizing it, it may be worth investing in a grammar checking software like WhiteSmoke 2011. In addition to checking grammar and spelling, WhiteSmoke also offers suggestions for style improvement. WhiteSmoke Translator, a feature of the program, is a really useful tool to help people who are less fluent in English express accurately and properly what they want to say.