Natural language parsing breakthrough?

I saw this link on Digg today. The Israeli company, Linguistic Agents, claims to have made a "golden fleece" breakthrough in natural language parsing. I'm fascinated, and yet somewhat sceptical at the same time. Details are hard to come by. I've sent them an email requesting a demo of their software, so we'll see if they reply.

Update: I've had a brief look at this and I have mixed feelings. I think it's potentially quite a useful tool that could be used to create some intelligent applications, but simply breaking a sentence into nouns and verbs and attaching some singular/plural attributes to them is a relatively small step towards a truely intelligent human/computer interface. My username/password isn't working at the moment so hopefully I'll be able to spend some more time with this thing.