Verity to Power Customer and Enterprise Sites For Taiwan Semiconductor Manufacturing Company
Pioneer and Market Leader of the Dedicated Semiconductor Foundry Industry Chooses Verity to Improve Online Site for Chip Component Suppliers and Enterprise Portal Users
SUNNYVALE, CA. - 2001-04-09 - 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 Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading semiconductor foundry, has selected Verity's award-winning business portal infrastructure software to power both its chip component supplier extranet, TSMC-Online 3.0, and its enterprise portal site. TSMC chose Verity® K2 Toolkit for its scalability, performance, and Asian language support for TSMC's corporate portal. Verity® Locales enables customers to index, categorize and search corporate documents and Web content created in 24 languages.
Verity K2 Toolkit interfaces with business portal software to help users accurately search hundreds of millions of unstructured documents almost instantaneously. TSMC-Online 3.0 allows TSMC customers to monitor and control semiconductor design orders through a Web-based interface. Through Verity K2 Toolkit, TSMC's extranet can now index and search technical documentation accrued throughout the design collaboration, engineering and production processes.
"The Verity K2 Toolkit will enable our customers to search through TSMC Online quickly and easily. Users of TSMC Online will now have access to consistent and timely technology information," said Andy Shen, Director of the eCommerce Division, TSMC. "This technology will also be used by our employees to search and consolidate important business content through our Knowledge Network intranet. The two implementations of the Verity K2 Toolkit will greatly improve the work efficiency of our users and enable them to deliver high-quality products."
For the Knowledge Network, TSMC's corporate portal offering for employees, Verity K2 Toolkit will deliver high-performance index, search, retrieval and view functionality for over 200 structured and unstructured documents formats - including HTML, PDF and ACSII. Fault-tolerant operations and unlimited scalability mean that Verity K2 Toolkit will also minimize server failure disruptions and keep pace with TSMC's personnel growth. Verity Locales enables identical functionality for TSMC's English- and Chinese-speaking operations.
"TSMC has advanced the concept of a ‘virtual fabrication' to new levels by providing the ability to select the exact production information that suppliers and customers need to monitor wafers in both engineering and mass production stages," said Anthony Bettencourt, President of Verity. "We are honored that TSMC chose the Verity K2 Toolkit and Verity Locales to power both its Online 3.0 extranet as well as TSMC's corporate portal site. Verity is committed to helping our clients develop portals and e-commerce initiatives at the global enterprise level."
About TSMC
TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology, library and IP options and other leading-edge foundry services. TSMC operates two six-inch wafer fabs (Fab 1 and 2) and six eight-inch wafer fabs (Fab 3, 4, 5, 6, 7, and 8). The company has substantial capacity commitments at three joint venture fabs - Vanguard, WaferTech, and SSMC. TSMC is currently ramping the industry's first 300mm pilot line at its Fab 6 and is constructing three dedicated 300mm fabs, Fab 12 in Hsin-Chu and Fabs 14 and 15 in Tainan. In 2001, TSMC expects to produce nearly 4.8 million eight-inch equivalent wafers. Fabrication processes offered by TSMC include CMOS logic, mixed-mode/RF, volatile and non-volatile memory, and BiCMOS. TSMC's corporate headquarters are in Hsin-Chu, Taiwan. More information about TSMC is available through the World Wide Web at http://www.tsmc.com.
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, BroadVision, CDNOW, Chapters, Cisco, CNET, Compaq, Dow Jones, Edgar Online, Ernst & Young, Fairmarket, Financial Times, Globe and Mail, Home Depot, IBM, Lotus, NewsEdge Corporation, SAP, Siemens, Snap.com, Sybase, Time New Media and Timex.
This press release contains forward-looking statements relating to Verity and the expected performance of its Verity K2 Toolkit and Verity Locales products. Actual results are subject to risks and uncertainties including the risks that the implementation of Verity K2 Toolkit and Verity Locales will be delayed due to unforeseen technical difficulties and the ability of products to meet customers' needs or perform as described. 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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