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Verity to Convene First Annual Worldwide Customer Advisory Board Event
ABB and KPMG among participants to exchange ideas on business strategies and industry trends with Verity's executive management team
SUNNYVALE, CA - 2002-01-16 - 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 will hold its first annual Worldwide Customer Advisory Board event (WCAB) from January 21 to January 23, at the Ritz Carlton Resort on Amelia Island, Florida.
Invited members of the inaugural Verity WCAB include ABB, FactSet Research Systems, GSA and KPMG. Attendees from these companies hold a variety of executive and technical positions. Verity senior executives, including Anthony J. Bettencourt, president, Dr. Ashok Chandra, senior vice president of development and new business activities and Dr. Prabhakar Raghavan, vice president and chief technology officer, will exchange ideas on business strategies and industry trends with these customers.
Verity develops advanced portal infrastructure software that allows users to organize, discover and connect to vast amount of information that resides within an enterprise or on an e-commerce site. Verity has invited customers with diverse areas of expertise to address the following topics:
▪ Discuss customer business strategies and industry trends
▪ Gather feedback about Verity's strategic direction and how that direction supports customers' future needs
▪ Allow Verity customers to learn from each other about proven ways to maximize benefits from Verity products
"Verity is in a position of market leadership in part because we listen to our customers' needs and develop the right solutions," said Anthony J. Bettencourt, president of Verity. "At this Advisory Board event, Verity intends to learn from its customers in a more structured, team-oriented environment in order to achieve even better results. Verity plans to use this feedback as we create industry-leading software that helps businesses share information more quickly and accurately."
Verity and the WCAB invitees will cover topics ranging from natural language implementation to internationalization. Participants will also discuss new implementations of Social Networks, a Verity personalization feature introduced in the new Verity® K2 Enterprise software, that identifies subject "experts" within an enterprise and automatically links users to the experts while recommending documents based on the users' behavior or search criteria.
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, AT&T, Cisco, CNET, Compaq, Dow Jones, EDGAR Online, Cap 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 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.
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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