Verity to Power Popular Portal for SEC Information
Verity Solution Delivers Powerful Knowledge Retrieval Functionality to EDGAR Online Site
SUNNYVALE, Calif. - 2000-04-27 - Verity, Inc. (NASDAQ: VRTY), a leading provider of enterprise and Internet knowledge retrieval solutions, today announced that EDGAR Online, Inc. (NASDAQ: EDGR), the leading Internet provider of business, financial and competitive information derived from SEC data, has chosen Verity's K2 Toolkit to power its premier EDGAR Online (http://www.edgar-online.com) subscriber-based Web site.
The Verity K2 Toolkit enables EDGAR Online users to quickly access and retrieve relevant information stored in the EDGAR Online SEC knowledge base. EDGAR Online was established in 1994 and provides single-point access to all documents filed with the SEC dating from 1994. The Verity K2 Toolkit provides a scalable solution to help edgar-online.com visitors—including investors, brokers, corporate managers, research directors and others—to find the information they need, regardless of the volume of archived documents or the number of visitors concurrently accessing information on the site. Verity's precise knowledge retrieval solution employs advanced filtering and search technology in order to deliver highly targeted and relevant results.
According to Anthony Bettencourt, president of Verity, "As a premier Internet portal for SEC information, EDGAR Online enables users to gather company information including real-time stock quotes, charts, related company news and resources, and annual reports. This type of information is invaluable for many people, including those seeking to make better investment decisions. Due to the vast amount of data on the EDGAR Online site, it's imperative that users be able to quickly and easily retrieve the information they're seeking. We're very pleased that our Verity K2 Toolkit is powering the EDGAR Online portal."
About Verity
Verity is a leading provider of knowledge retrieval solutions. Verity's product suite powers corporate portals, e-commerce sites, online publishing and media sites, customer care applications, and products from market-leading OEMs and ISVs. Verity solutions simplify the management and use of information by indexing, classifying, organizing, searching and retrieving data, as well as providing personalized information delivery and hybrid online and CD publishing.
Verity's products are used by more than 1,000 corporations, e-commerce sites, government agencies, online service providers, Internet publishers and software developers worldwide. Verity alliances include Adobe Systems, AT&T, CDNOW, CNET, Cisco, Compaq, Dow Jones, Easy Software, EarthWeb, Ernst & Young, Financial Times, Globe and Mail, IBM, MD Consult, NewsEdge Corporation, Informix, Lotus, NEC, SAP, Siemens, Snap.com, Sybase and Time New Media.
This press release contains forward-looking statements relating to Verity and the expected performance of its Verity K2 Toolkit product. 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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