Verity® K2 Toolkit Wins Crossroads 2001 A-List Award
Industry Recognizes Verity's Solution as the Best Advanced Knowledge Retrieval Solution For Business Portals
SUNNYVALE, CA - 2001-02-05 - 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 that its Verity® K2 Toolkit has won a Crossroads 2001 A-List Award™ from Open Systems Advisors, Inc. (OSA). The award identifies products and services that are ready for mainstream use and have proven track record in large or fast-growing companies.
Verity won in the category of Best Advanced Knowledge Retrieval Solution for Business Portals. Crossroads 2001 A-List Awards winners and their customers will demonstrate their technology solutions during an award banquet at the Crossroads Conference to be held March 18-21, 2001 at the Wigwam Resort in Phoenix, AZ.
"Companies come to us because they demand scalable solutions that grow with them and help improve their businesses along the way," said Anthony J. Bettencourt, president of Verity, Inc. "The Crossroads 2001 A-List Award perfectly captures what our business portal tech-nologies do for over 1,000 customers worldwide."
Since 1994, Crossroads has recognized solutions that meet critical enterprise-wide technology challenges. Once nominated, vendors undergo lengthy performance reviews and assessments of customer results. E-commerce infra-structure company, Network Commerce, nominated the Verity K2 Toolkit. An independent panel of Crossroads executives and researchers presided over the review and se-lected Verity for its award.
The Verity K2 Toolkit is a highly scalable knowledge retrieval solution that allows cor-porate or e-commerce portals to search across multiple remote servers and CPUs. Thousands of users retrieve results from hundreds of millions of information sources quickly and with high accuracy. With the Verity K2 Toolkit, users can access large volumes of unstructured information on their intranets or the Internet without sacrificing desktop performance. Companies using the Verity K2 Toolkit include CDNow, Forbes.com, and nominator Network Commerce.
"The Verity K2 Toolkit has helped us turn more browsers into buyers," said Mike Geyer, vice president of Network Commerce. "The Verity K2 Toolkit provides industry-leading search, navigation and view capabilities, so our customers can find what they are looking for quickly, easily and accurately. The Verity K2 Toolkit is a worthy recipient of the Crossroads award."
According to Nina G. Lytton, president of Open Systems Advisor, Inc. and editor of the Crossroads A-List Awards, "Verity won this award because it best exemplifies how technology companies work with companies to tackle difficult business challenges. The Verity K2 Toolkit solution clearly increases efficiency and performance for those who use it," said Lytton. "We are proud to recognize Verity for this accomplishment."
About Verity
Verity (Nasdaq: VRTY) has more experience than any other company in portal infrastructure and software. Verity, based in Sunnyvale, CA, helps companies better devise, deploy, maintain and expand their business portals. And Verity gives businesses a multitude of ways to improve access to vital information while enhancing the end-user experience. Business portals, which include corporate portals used for sharing information within an enterprise, e-commerce portals for online selling and market exchange portals for B2B activities, provide personalized information to employees, partners, customers and suppliers.
Verity products are used by 53 of the Fortune 100 and by more than 1,000 corporations worldwide. Since 1988, Verity technology has served 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, Cisco, CNET, Compaq, Dow Jones, Edgar Online, Ernst & Young, Fairmarket, Financial Times, Globe and Mail, Home Depot, Lotus, NewsEdge Corporation, SAP, Siemens, Snap.com, Sybase, Time New Media and Timex.
About Open Systems Advisors, Inc. and the Crossroads Research Program
Founded in 1989, Open Systems Advisors, Inc. (OSA) provides a real-world perspective on using new technology in business. OSA's research is based on an ongoing and in-depth dialogue with hundreds of seasoned IT executives and business leaders who are using emerging technologies to achieve business results. OSA reports the Crossroads Decisions, confers the Crossroads A-List Awards and produces the Crossroads Conferences.
For additional information, contact the company at: Open Systems Advisors, Inc., 268 Newbury Street, Boston, MA 02116, 617/859-0859; www.crossroads-osa.com
Crossroads is a registered trademark, and ‘Crossroads A-List, ‘Crossroads Decisions and ‘Bizno-tech are trademarks of Open Systems Advisors, Inc.; any other trademarks are the property of their respective owners.
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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