Verity to Present at Lehman Brothers Software Conference
Company President to Discuss Global Business Strategy
SUNNYVALE, CA - 2002-03-12 - Verity, Inc. (NASDAQ: VRTY), a leading provider of infrastructure software that powers enterprise and e-commerce portals as well as e-business applications, announced that it will make a presentation at the Lehman Brothers' Second Annual Global Software Conference at 8:30 a.m. PST, Wednesday, March 13. The investment conference will be held at The Ritz Carlton in Half Moon Bay, CA.
Anthony Bettencourt, Verity's president, will offer the company's view of the software market in which it competes, its approach for extending category leadership, and evidence of how its innovative technology is helping customers solve business problems and realize measurable return on investment.
"Business, on a global scale, is in the throes of great change," commented, Anthony J. Bettencourt, president of Verity, Inc. "This conference is an excellent opportunity for Verity to explain how its technology can effectively help organizations successfully deal with that change to investors interested in our software marketplace."
Lehman Brothers, a leading global investment bank, is hosting this conference for investors seeking a better sense of the global software industry. Verity is one of a select group of software companies given the opportunity to make presentations to conference participants.
About Lehman Brothers
Lehman Brothers (NYSE: LEH), an innovator in global finance, focuses on serving the corporations, governments and municipalities, institutional clients and high-net-worth individuals worldwide. Founded in 1850, Lehman Brothers maintains leadership positions in equity and fixed income sales, trading and research, investment banking, private equity, and private client services. The Firm is headquartered in New York, London, and Tokyo and operates a network of offices around the world. For further information about Lehman Brothers' services, products and recruitment opportunities, visit our Web site at www.lehman.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, Cap 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.
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