Verity, Inc. Names Paul H. Cook Corporate Controller
High Tech Financial Manager Strengthens Leadership Team
SUNNYVALE, CA - 2001-06-27 - 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 appointment of Paul H. Cook, CPA, as its Corporate Controller.
Mr. Cook brings to his position more than a decade's worth of experience managing the financial processes for high technology companies. As Verity's Corporate Controller, Mr. Cook will be responsible for all financial accounting, budgeting, forecasting, analysis, and risk management as well as SEC reporting and treasury operations.
"Verity's financial management capability is enhanced with the addition of Paul Cook to our team," said Todd K. Yamami, Verity's vice president and chief financial officer. "He brings a wealth of experience in dealing with the accounting requirements faced by a software company like Verity." Mr. Cook will report to Mr. Yamami in his new role.
Prior to joining Verity, Mr. Cook served as Corporate Controller for Oblix, Inc., a provider of e-business infrastructure software. Previously, Mr. Cook served in senior financial management positions with Adobe Systems, Dreamworks/PDI and Connectics Corporation. Mr. Cook began his financial management career with Ernst & Young as an audit manager.
Mr. Cook holds a Bachelor of Science in Business Administration and Accounting for California State University at Hayward and is a certified public accountant in the State of California.
About Verity
Headquartered in Sunnyvale, California, Verity is a leading provider of business portal infrastructure software. Verity software gives businesses a multitude of ways to improve access to vital information and perform a range of e-business operations, while enhancing the end-user experience. Verity-powered 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, all provide personalized information to employees, partners, customers and suppliers.
Verity products are used by 80 percent of the Fortune 50 and by more than 1,000 corporations in various markets. Clients 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, Sybase, Time New Media and Timex. In 2001, Delphi Group named Verity as the market leader in the portal infrastructure software.
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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