Patricia Seybold Group, Delphi Group and Verity Cross the Continent to Discuss Business Portals

Interactive Sessions to Explain "Whys" and "Hows" of Corporate and E-Commerce Portals

Sunnyvale, CA - 2001-03-05 - Verity (NASDAQ: VRTY), a leading provider of infrastructure software that powers enterprise and e-commerce portals as well as e-business applications, today announced that the Patricia Seybold Group, a worldwide consulting and research firm specializing in e-business strategies and customer-facing solutions, and the Delphi Group, a leading provider of strategic advisory services for e-business, will join it on a four-week tour of 12 North American cities to explain "The Essential Elements of a Business Portal". Leading analysts from both firms and senior executives of Verity will address the crucial issues facing the design and deployment of business portals. The tour begins Tuesday, March 13, in Toronto, Canada.

On each stop of the 12-city tour, half the day will be devoted to each topic area. Geoffrey Bock and Martha Frey, from the Patricia Seybold Group, will deliver a keynote address on "The Customer Experience Imperative: The Role of Discovery in the Customer Revolution," during the e-business segment. Hadley Reynolds and Carl Frappaolo, from the Delphi Group, will speak on "Business Portals, A Framework for the Extended Value Chain" during the business portal segment. In each program segment, an interactive discussion will explore a range of portal-related topics, including search, personalization and intelligent classification of data.

"The business portal market is growing at an unprecedented rate. As more and more companies are seeking to create effective interactive experiences, we think it is necessary to focus on the role of discovery within the customer revolution. We hope to equip companies with the essential knowledge to identify the challenges and opportunities in the business portal market," said Geoffrey Bock, senior consultant and analyst of Patricia Seybold Group.

"The terms of engagement in the business portal space is changing dramatically in 2001, as the number of organizations deploying portal projects is nearly doubling. The Verity sessions will provide a valuable forum for e-Business managers to get first hand exposure both to the latest thinking on the role of business portals and to the characteristics of today's technology that are key to building an intelligent portal environment," said Hadley Reynolds, director of research at Delphi Group, Boston, MA.

"A well-structured portal with a superior infrastructure will boost the efficiency of information flow within and between organizations and thus increase the productivity and revenue," says Mike Zuckerman, vice president of marketing for Verity. "Unfortunately, many companies lack the knowledge and experience to build a good portal. Verity is glad to be able to partner with the Patricia Seybold Group and the Delphi Group to inform those people who truly need to know about the essentials of portals."

The Verity North America Spring Tour's schedule is:

March 13

Toronto

March 14

New York

March 15

Boston

March 20

Washington DC

March 21

Minneapolis

March 22

Dallas

March 27

Seattle

March 28

San Francisco

March 29

Los Angles

April 3

Houston

April 4

Atlanta

April 5

Ft. Lauderdale

Registration is free and open to the public and the media. The registration form can be found on Verity's Web site at http://www.verity.com/forms/uc_20010201a.html. Space is limited.

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 53 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, 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.

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.

Channing Barringer

Edelman PR Worldwide

(212) 642-7716

channing.barringer@edelman.com

Winifred Shum

Verity, Inc.

(408) 542-2363

wshum@verity,com

http://www.verity.com

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