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Cardiff Software Awards Students for Outstanding Academic Performance

Three students to receive the Joseph C. Larson Entrepreneurial Scholarship based on scholastic performance and drive to succeed

San Diego - 2001-05-16 - Cardiff Software Inc., a leader in forms processing and eBusiness automation solutions, today announced the first set of recipients of the Joseph C. Larson Entrepreneurial Scholarship. Designed to recognize students nationwide with an entrepreneurial spirit, the scholarship provides students with the resources to earn an education and help make their dreams of becoming an entrepreneur a reality. Cardiff will award each student $2,500 towards his or her college education.

The Joseph C. Larson Entrepreneurial Scholarship, named in honor of Cardiff's founder, is awarded annually to a few graduating high school seniors or students who have successfully completed at least two full academic years toward their undergraduate degree at an accredited four-year institution. Each student must have a minimum 3.0 grade point average. In addition, applicants must submit a two-page essay explaining how they plan on using their education to further their entrepreneurial goals. Recipients of the scholarships are selected by the Cardiff Scholarship Committee.

This year's scholarship recipients are Durba Mitra and Matthew Kruse of North High School, Fargo, North Dakota, and John Stuart of Point Loma Nazarene University, San Diego, California.

The San Diego Foundation, which administers the awards on behalf of Cardiff, will present the scholarships at a ceremony on Saturday, May 19 at Point Loma Nazarene University's Crill Performance Hall.

"The goal of this scholarship is to provide students the opportunity to create a promising future," said Dennis Clerke, president and chief executive officer of Cardiff Software. "Cardiff is honored to award scholarships to deserving students who excel in school and posses a true entrepreneurial spirit."

"It is important for our community to work together to help the next generation prepare for the future," said Valerie A. Attisha, director of scholarships at The San Diego Foundation. "I applaud Cardiff for its commitment to our youth and look forward to the company's future contributions to our community."

About The San Diego Foundation

Founded in 1975, The San Diego Foundation is the only broad-purpose, permanent endowment built by hundreds of citizens and organizations committed to improving the quality of life in all of our communities. San Diego's largest foundation assists donors in building and preserving assets for charitable purposes in the greater San Diego region. The Foundation also monitors and assesses the changing needs of the region and meets those needs through financial awards and organizational support. Since its inception, The Foundation has awarded more than $165 million in grants to local communities.

About Cardiff Software Inc.

Put Information to Work - Cardiff Software (www.cardiff.com) is a leading provider of document and form-driven business process automation solutions for Global 2000 organizations. The Cardiff family of integrated software products empowers organizations to automate existing business processes using technology to capture, process and respond to strategic business information, thereby improving employee productivity, customer service and profitability. In business since 1991, Cardiff has a global distribution network reaching every continent and more than 20,000 customers worldwide spanning every industry.

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.

Media Contact:

Joyce Chang

ContentOne: Innovative Communications

+1 (760) 479-1380, ext. 105

Joyce@contentone.com

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