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Verity Announces Top-Level Sales Promotions

Michael D. Mooney Named Vice President, North American Sales & Business Development; Hugo L. Sluimer Named Vice President, International Sales & European Operations

Sunnyvale, CA - 2001-11-13 - Verity, Inc. (NASDAQ: VRTY), a leading provider of infrastructure software that powers enter-prise and e-commerce portals as well as e-business applications, today announced a new leadership team for its worldwide sales organization.

Michael D. Mooney was promoted to Vice President, North American Sales and Business Development. In this position, Mooney is responsible for all of Verity's North American sales activities, including direct, OEM and reseller channel sales, and he is responsible for the company's Business Development activities on a world-wide basis. Mooney was previously Vice President, Business Development and OEM Sales.

Hugo L. Sluimer was promoted to Vice President, International Sales & European Operations. In this position, Sluimer is responsible for Verity's sales activities in Europe, Asia-Pacific, Africa and Latin America, as well as all of the company's operations in Europe. Sluimer was previously Vice President, European Operations.

In making these executive appointments, Anthony J. Bettencourt, Verity's President, said "Mike Mooney brings to his new position creativity, performance and an excellent track record extending our leadership position in the OEM marketplace. I have no doubt that he will apply his skills and energy to advancing Verity's overall sales efforts."

"Hugo Sluimer has been instrumental in Verity's growth and success in Europe. As Verity looks to the future, many of the regions that now come under Hugo's direction represent tremendous growth opportunities," Bettencourt said. "We look to him to apply his outstanding experience to these geographic markets and achieve the sort of exceptional results he has recorded in Europe."

Both Mooney and Sluimer report directly to Anthony J. Bettencourt.

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 1,500 corporations in various markets. Customers include Adobe Systems, American Greetings, AT&T, Caps Gemini Ernst & Young, Cisco, CNET, Compaq, Dow Jones, EDGAR Online, 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 market.

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.

Derek van Bronkhorst

Verity, Inc.

408-542-2217

derekvb@verity.com

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