Verity Selected to Power GSA Advantage!™ E-Commerce Site
Federal Government Implements Verity K2 Toolkit and Verity Knowledge Organizer to Add Scalable, Precise Navigation and Retrieval to Employee Acquisition Solution
SUNNYVALE, Calif. - 1999-08-31 - Verity, Inc. (Nasdaq: VRTY), a leading provider of knowledge retrieval solutions for the enterprise and Internet, today announced that its scalable Verity K2 ToolKit and add-on product Verity Knowledge Organizer have been selected by the General Services Administration's (GSA) Federal Supply Service (FSS) to power the GSA Advantage!™ On-line Shopping Service, http://www.fss.gsa.gov.
GSA Advantage! is an Internet e-commerce acquisition solution designed to allow federal government employees to access millions of quality products and services - and order them directly from their desktop PC. Verity has been selected to enhance the GSA system and make it more effective by providing powerful knowledge retrieval capabilities that help users find the information they are seeking, quickly and efficiently.
"Federal reform has vastly changed the procurement environment, doing away with bureaucratic red tape and putting buying responsibility into the hands of government managers," said Ed O'Hare, GSA's Deputy Chief Information Officer. "With Verity, we want to make it faster and easier for our customers to find the products and services they need and want to purchase."
Verity Precision Products Enhance Retrieval in Large E-commerce Collection
With Verity Knowledge Organizer, the GSA can reduce the cost of categorizing the contents of its electronic catalog, while automatically organizing the information the way it organizes its catalog, by familiar products and services. Once categories are created, customers can browse information quickly using a search-and-navigate interface similar to popular Internet services like Yahoo!, Excite or AOL.
Complementing Knowledge Organizer will be Verity's K2 Toolkit, the underlying power for GSA Advantage! K2 employs a network of brokers and servers to offer scalable, parallel searching. With Verity's K2 Toolkit, the GSA gains the flexibility to support a growing collection of products, services, users and high-performance precision fault-tolerant systems.
"Verity's K2 Toolkit is designed to meet the scaling requirements of customers like the GSA with the need to provide customers with accurate search results, without sacrificing performance," said Ken Newcomer, Director of Federal Sales at Verity, Inc. "Similarly, Verity Knowledge Organizer will allow the GSA to provide its customers with fast and easy access to key catalog content, so that they can navigate, find and buy products and services more quickly and efficiently."
About GSA Advantage!
GSA Advantage! is a fast and convenient shopping system, which is quickly becoming the hottest shopping web site in government. GSA Advantage!™ has been named one of the "Best Feds on the Web" and has received several prestigious awards including the Federal Technology Leadership Award which was presented by Government Executive Magazine, and, has also been recognized by the Computerworld Smithsonian Award Program for innovative technology in the workplace.
About Verity
Verity is a leading provider of enterprise knowledge retrieval solutions for corporate intranets, online publishers, e-commerce vendors and market-leading OEMs and ISVs. Verity's product suite enables organizations to turn corporate intranets into a powerful knowledge base by creating corporate portals, making business information accessible and reusable across the enterprise. Verity's leadership has been recognized by numerous organizations, including Delphi Consulting, which gave Verity the Market Recognition Award based on a survey of 600 corporate users.
Verity's comprehensive and integrated product family enables enterprise-wide document indexing, classification, search and retrieval, personalized information dissemination, and hybrid online and CD publishing - all from the same underlying Verity collection.
Verity's products are used by more than 1,000 corporations, government agencies, e-commerce sites, on-line service providers, Internet publishers and software developers worldwide. Verity alliances include Adobe Systems, AT&T, CNET, Cisco, Compaq, Dow Jones, Easy Software, Ernst & Young, Financial Times, IBM, MD Consult, NewsEdge Corporation, Informix, Lotus, NEC, SAP, Siemens, Sybase, Tandem and Time New Media.
This press release contains forward-looking statements relating to Verity and the expected performance of its Verity's K2 Toolkit and Verity Knowledge Organizer products. Actual results are subject to risks and uncertainties. Risks relating to Verity and its products are set forth in its Form 10-K and other reports filed with the Securities and Exchange Commission.
For more information, contact Verity at info@verity.com or at World Wide Web site http://www.verity.com or call 408-541-1500.
Verity and the Verity logo are registered trademarks or trademarks of Verity, Inc.
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