Verity Names Todd K. Yamami to VP, Corporate Controller and Chief Accounting Officer
SUNNYVALE, Calif - 2000-08-10 - Verity, Inc. (Nasdaq: VRTY), a leading provider of infrastructure software that powers enterprise and e-commerce portals as well as e-business applications, today announced the promotion of Todd K. Yamami to vice president, corporate controller, and chief accounting officer. Yamami, who joined Verity in 1995, most recently served as the company's corporate controller and is an executive officer. In his new position, Yamami reports to Gary J. Sbona, chairman and CEO, and is responsible for strategic financial management, worldwide treasury and cash management at Verity.
"Todd has been with Verity for five years and has played an outstanding role in Verity's financial successes," said Sbona. "We are fortunate to have the continued benefit of Todd's excellent experience, thorough analysis and his financial leadership."
Yamami joined Verity as accounting manager in June 1995, and was promoted to director of finance and accounting in November 1997. In February 1999, he was appointed to the position of corporate controller. Yamami holds a B.S. in Finance and a M.B.A. from Santa Clara University. Prior to joining Verity, Yamami held several senior accounting positions at Telecom Solutions and VLSI Technology, Inc.
About Verity
Verity is a leader in infrastructure software that powers corporate portals used for sharing information within an enterprise, e-commerce portals for online selling and market exchange portals for B2B activities. Business portals provide personalized information to employees, partners, customers and suppliers.
Verity products are used by 48 of the Fortune 100 and by more than 1,000 corporations worldwide. The markets Verity serves are comprised of e-commerce merchants, e-businesses, market exchanges, government agencies, online service providers, Internet publishers and software developers. Verity customers include Adobe Systems, American Greetings, AT&T, Broadvision, CDNOW, Chapters, CNET, Cisco, Compaq, Dow Jones, Edgar Online, Ernst & Young, Fairmarket, Financial Times, Globe and Mail, Home Depot, IBM, NewsEdge Corporation, Lotus, SAP, Siemens, Snap.com, Sybase, Time New Media, and Timex.
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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