Verity Receives Basex Excellence Award for Community and Knowledge Management
Verity's Flagship K2 Enterprise Product Breaks New Ground According to Research Firm Basex.
SUNNYVALE, CA - 2001-12-04 - 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 it has been granted the Basex Excellence Award in the field of knowledge management and community for its Verity® K2 Enterprise product, joining other award recipients IBM, Akonix, and Stratify.
The "Baseys," given to companies that have achieved industry leading and all-around excellence for a product or service this year, will be officially given out at the Basex Conference, co-located at Fall Internet World on Tuesday, December 11th at 5 PM.
"We are pleased to see that Verity continues to be recognized as a leader in the knowledge management space, especially by a prestigious organization such as Basex," said Anthony J. Bettencourt, Verity's president. "K2E can help all types of organizations put the right information into the hands of the right people - quickly and easily. The product provides a return on investment for customers by streamlining information retrieval and boosting employee productivity. Further, this honor will serve as additional validation to our wide roster of customers that they have made the right decision by purchasing Verity software."
"Over the past 13 years, Verity has consistently been a leader in helping companies manage business information," said Jonathan Spira, Basex's Chairman and Chief Analyst. "Verity has broken new ground with its K2 Enterprise solution, and is well deserving of a 'Basey' award."
Verity K2E is a fault-tolerant, highly scalable solution that delivers a host of advanced search capabilities, such as adaptive ranking and support for 26 languages. The product also offers full gateway support to leading information repositories, including Lotus Notes, Microsoft Exchange, ODBC and Documentum, and runs on Windows NT/2000 and Solaris.
About The Baseys
Basex Excellence Awards are given in the areas of Knowledge Management, Community, and Hosted Services. The award recognizes leaders who have made noteworthy contributions to the industry through outstanding products and service offerings.
About Basex
Basex is the research and consulting company that helps you stay ahead of the curve to solve your business problems before they impact your bottom line.
We're not 'yet-another-analyst-firm' touting overenthusiastic industry metrics and bowing to those vendors with the deepest pockets. We are the recognized experts in Knowledge Management and the application of Community as a business tool, with an 18-year track record of accurate findings and visionary analysis. We work individually with each of our clients to identify the critical and explore the implications of today's news and trends to your business strategies. More on Basex can be found at http://www.basex.com/.
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, Cisco, CNET, Compaq, Dow Jones, EDGAR Online, Caps Gemini 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.
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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