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Roche Diagnostics Chooses Verity Software To Power New Global Information Portal
Verity delivers advanced search and intelligent classification software for Roche Diagnostics employees worldwide
SUNNYVALE, CA. - 2001-11-13 - A global healthcare company has found a way to overcome the logistical and linguistic hurdles of deploying a corporate intranet. 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 that Roche Diagnostics, the global market leader in diagnostics prod-ucts, has licensed Verity's advanced portal infrastructure software for the Roche Diagnostics' global intranet. The Verity software will allow Roche Diagnostics employees around the world to search for and share information quickly and easily. Roche Diagnostics is a division of pharmaceutical supplier Roche, of Basel, Switzerland.
"Roche Diagnostics relies on a complex communications network to connect representatives in 47 countries, and we need a reliable means of gathering information scattered among all of our locations," said Dr. Horst Baumgarten, director of information management for Roche Diagnostics. "Through our intranet, Verity's advanced search, classification and cate-gorization software will give us a single point of access for retrieving and organizing documents created in different formats. Verity's software will allow our employees to spend much less time looking for information and more time creating innovative healthcare technologies and services."
Roche Diagnostics develops and produces diagnostics equipment for patient care, health management systems, and Nobel Prize-winning molecular systems, and also manufactures chemicals for medicines. The Roche Diagnostics intranet contains hundreds of homepages and applications that include a vast amount of information about products in development or on the market. Verity's advanced software will allow users to search for documents residing in repositories throughout Roche Diagnostics.
Verity's classification technology can organize informa-tion either automatically or based on rules set by Roche Diagnostics' administrators. This allows for maximum accuracy of search results across the broadest array of information repositories. For more efficient navigation through those repositories, Verity software also eliminates redundant files. In addition, Verity software is highly scalable. So as the numbers of users and documents grows, the Roche Diagnostics intranet can continue to deliver results to any locality without degradations to speed or accuracy.
"Roche Diagnostics' global information-sharing challenge is not new to Verity," said Anthony J. Bettencourt, president of Verity. "We are experts at simplifying complex issues such as making vast amounts of disparate corporate information available to any authorized user in any location. Roche Diagnostics' success is built on the intellectual capital of its employees around the world. Verity software helps turn that intellectual capital into a competitive advantage by making it much more accessible to the people who need it, when they need it."
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 enhanc-ing 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 per-sonalized informa-tion to employees, partners, customers and suppliers. In addition, most leading software vendors, as part of their e-business applications, utilize Verity technology.
Verity products are used by 80 percent of the Fortune 50 and by more than 1,000 corpo-rations in various markets. Customers include Adobe Systems, American Greetings, AT&T, Caps Gemini Ernst & Young, Cisco, CNET, Compaq, Dow Jones, EDGAR Online, Fair-Market, Financial Times, Globe and Mail, Home Depot, Lotus, NewsEdge Corporation, SAP, Siemens, 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.
About Roche and Roche Diagnostics
Headquartered in Basel, Switzerland, Roche is one of the world's leading research-oriented healthcare groups in the fields of pharmaceuticals, diagnostics and vitamins. Roche's products and services address prevention, diagnosis and treatment of diseases, thus enhancing well-being and quality of life. Roche's Diagnostics Division, the world leader in vitro diagnostics with a unique and broad product portfolio, supplies a wide array of innovative testing products and services to researchers, physicians, patients, hospitals and laboratories worldwide. Roche's website is located at www.roche.com
This press release contains forward-looking statements relating to Verity and the expected performance of its software in the Roche Diagnostics global intranet. Actual results are subject to risks and uncertainties including the risk that integration of the Verity software into the Roche Diagnostics intranet will be delayed or not occur, or not perform as anticipated, as a result of unforeseen technical difficulties. Risks relating to Verity and its products are set forth in its Form 10-K and other reports filed with the United States Securities and Exchange Commission under the caption "Risk Factors".
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
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