Verity and SAP Team Up for mySAP.com Knowledge Warehouse
SUNNYVALE, Calif. - 2000-05-02 - Verity, Inc. (NASDAQ: VRTY), a leading provider of enterprise and Internet knowledge retrieval solutions, today announced that SAP AG, the leading provider of inter-enterprise software solutions, has selected Verity to provide advanced knowledge retrieval capabilities in SAP's Knowledge Warehouse (SAP KW), a new component of its E-business environment mySAP.com.
The Verity Search Module (VSM) for SAP R/3 can be used by all SAP customers who have already installed the SAP KW component. Using VSM the user can efficiently search the entire SAP Knowledge Warehouse database when working within SAP applications. Several hundred SAP customers are already using this new component.
The SAP Knowledge Warehouse, the cornerstone of SAP's integrated knowledge solution, supports all stages of knowledge management, including knowledge modeling, the management of information objects, transfer, distribution and translation of knowledge, and efficient company-wide information access. Users needing information can access the entire contents of the SAP Knowledge Warehouse either from SAP R/3 or from their personal workspace via mySAP.com, using a standard web browser.
"SAP and Verity have had a mutually beneficial relationship for many years, and we are very pleased our companies are now extending this relationship," said Hugo Sluimer, Verity's vice president of european operations. "SAP already uses Verity technology in their own intranet and Internet, in the SAP R/3 Service Center as a CD-ROM application, in the SAP R/2 online service and now in powering SAP KW as part of the mySAP.com portal. Our long-term partnership is the basis for delivering SAP customers the highest quality service and the best capabilities for their enterprise solutions."
"Verity's technology allows us to effectively support information access in the Knowledge Warehouse," added Rainer Zinow, director GBU Knowledge Warehouse at SAP. "The end users profit from the Verity knowledge retrieval functions and can quickly and easily find all the information they need, regardless of where and in what format the content is stored."
In the near future, SAP plans to integrate Verity technology into other components of mySAP.com as well.
About SAP
SAP AG is the market-leading provider of inter-enterprise software solutions integrating business processes across enterprise boundaries. SAP's mySAP.com provides an open collaborative business environment for personalized E-business solutions. mySAP.com enables companies of all sizes and industries to fully engage their employees, customers and partners to capitalize on the new Internet economy by optimizing supply chains, managing strategic relationships, reducing time to market, sharing virtual information, and increasing productivity and shareholder value. SAP is listed on several exchanges, including the Frankfurt stock exchange where it belongs to the DAX companies, and the New York Stock Exchange (NYSE).
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 SAP's plans to integrate Verity technology into other components of mySAP.com. Actual results are subject to risks and uncertainties, including the risk that SAP may delay or cancel its plans due to technical difficulties, as a result of the availability of competing products or other reasons outside of Verity's control. Risks relating to Verity and its products are set forth in its most recent 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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