SOURCE: Jodange

December 01, 2008 07:00 ET

Jodange Wins an Award From The National Science Foundation

Grant Supports Jodange's Opinion Extraction Project on Correlating Opinions With Business Outcomes

NEW YORK, NY--(Marketwire - December 1, 2008) - Jodange, Inc. (www.jodange.com), the company building the world's first Opinion Utility™, received a Small Business Innovation Research grant from the National Science Foundation. This award supports the company's research to use statistical modeling methods to better determine whether and under what conditions automatically extracted opinions and opinion holders can be used to predict business outcomes.

Jodange seeks to become the definitive source of opinion and sentiment analysis from any online content. A natural extension of what Jodange does today is the ability to correlate opinions and sentiments found with specific outcomes. The benefits of this project will enable decision makers to quickly glean actionable intelligence from trend-setting content about key leaders who influence their business and marketplace in order to support more informed decision-making.

"We are very proud to receive this grant from The National Science Foundation," said Larry Levy, CEO. "The ability to accurately and consistently correlate opinion holders' opinions and topics to a variety of outcomes will be an exciting technology breakthrough for Jodange and for the text analytics market."

About Jodange, Inc.

Jodange automatically extracts opinions from any online content in order to understand sentiment. Jodange was born when serial entrepreneur, Larry Levy, met academic, Claire Cardie, professor of Computational Linguistics at Cornell University, NY. Leveraging Cornell's significant investment in sentiment analytics, Jodange has developed a technology to extract and rank opinions. The result is the creation of the world's first Opinion Utility. For more information, please visit www.jodange.com or call 914-595-1380.

About The National Science Foundation

The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering, with an annual budget of $6.06 billion. NSF funds reach all 50 states through grants to over 1,900 universities and institutions. Each year, NSF receives about 45,000 competitive requests for funding, and makes over 11,500 new funding awards. NSF also awards over $400 million in professional and service contracts yearly.

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