What is the future of Internet Search? According to Microsoft, people search for 11minutes before finding what they want while half of them give up before then andabandon their search. However, the Search business is booming with plenty ofnew-comers challenging the likes of Google and Yahoo to include Collarity, Hakia andPowerset. You need different tools to solve different problems, said IDC analystSusan Feldman. tyBit is a major shift for online search, moving away from thecentralized search engine model to a patent-pending client side application thatdistributes web crawling, indexing, and browser content delivery quickly andsecurely to users and its green technology. We had to un-think the current modelof Internet search and invent something that could compete , said Clarence Briggs,CEO and Founder of 2-Time INC 500 Web Hosting & Domain Registrar, AIT (www.AIT.com)and tyBit . That isn t easy when the competition is bursting with cash andcontrols 70% of the market. Inventing is a combination of brains, tenacity andmoney. The more brains and tenacity you use, the less money you require, said theretired Army Infantry Veteran.
Recently, tyBit won Best Product runner-up at the Channel Partner Expo Show in LasVegas. To date tyBit has jammed its partner pipeline with over 30 Telcos,Carriers, ISPs, media companies, MLM, OEMs and various other subscriber-basedorganizations seeking to be strategic partners. Company officials say that thecurrent partner pipeline potentially represents a staggering 40 million plus tyBit subscribers. The reason the pipeline is packed is simple , said Kitti Jo Finch, GMof tyBit . It is superlative for users, partners and advertisers because it heapson the value for all three. Company officials guarantee tyBit accelerates search,increases relevancy, personalizes results, finds the newest information, searchesmultiple sources, integrates text, video and other media, finds local content basedon a subscriber's actual location, offers privacy protection, reduces click fraudand displays results in a single window - desktop or PDA. From holiday shopping toelection results, tyBit finds it all and even emails blog invitations.
Company officials claimed the drive behind tyBit was their dissatisfaction with thesearch industry's pay per click & affiliate model and the associated click fraud.Their click fraud experience with Google, and then the Fayetteville PublishingCompany on a local level led to litigation. Briggs the CEO proclaimed, 'there's aproblem, and at the end of the day litigation may or may not change anything. Thelong term business solution is to attack the problem head on with a marketalternative and tyBit is our answer. Our partners have indicated that they arefrustrated because they don't feel they are getting their fair share of theinteractive advertising dollars even though they have the relationship withsubscribers. They also want customization, accountability and transparency whichthey aren't getting now. We can deliver this to them with tyBit .''
Company officials have indicated that tyBit is working with several interested VC& Investment Banking firms to complete an $80 million first-round financing. AIT hasnever taken outside equity investment but instead built its business out of cashflow. The 5 year plan for tyBit aims to achieve annual revenues in excess of $6billion. tyBit will unify search and make it so relevant that the term ''search''becomes synonymous with ''find'' said Sean McCoy, SVP of Sales. It's an interestingdevelopment that we will definitely keep our eye on" said Berge Kaprelian, Presidentand CEO of Beka Publishing of Channel Vision magazine. McCoy claims that the nextbeta release of tyBit is stunning and will open a lot of eyes beyond Web 2.0. Itis going to be part of the browser itself, seamless and fully integrated with a gridcomputing agent , said McCoy. Couple that with our CEO Clarence Briggs recentvisit to D.C. and we are going to make a significant political announcement shortlyabout tyBit and Education, maybe even at ISPCON this October. Everything is boundto change now.
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