Gale® Turns to Verity Software To Help Organize Educational Content
Leading e-Information Publisher Relies on Verity to Classify and Manage Selected Online Content
SUNNYVALE, Calif. - 2002-08-06 - 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 the selection of its Verity K2 Enterprise software by Gale®, a business unit within the Thomson Learning division of The Thomson Corporation (NYSE: TOC, TSX: TOC), to help the e-publisher's editorial team organize the company's growing collection of content in intelligent, intuitive and easy-to-navigate categories for millions of end-users worldwide.
As a world-leader in e-information publishing for libraries, schools and businesses, Gale requires its content to be organized in the most precise manner possible so the millions of students, library users, and business people who access Gale products can intuitively find the information they need. This is particularly challenging since as many as 30,000 articles are added to Gale's proprietary databases daily. The company creates and maintains more than 600 databases that are published online, in print and in microform.
Gale chose Verity K2 Enterprise for its content organization capabilities, which combine automation with domain expertise to deliver the most flexible and accurate classification solution. Most notably, Gale will take advantage of Verity's automatic classification capabilities, including its third-generation Logistic Regression Classification (LRC) technology, to accurately and automatically create the rules that define categories. Gale officials note that its in-house editors' domain expertise will be used to customize rules, complementing the superior automation of Verity's LRC technology.
Gale is known for its editorial expertise, which requires manual classification of articles from more than 7,000 periodicals into as many as 40,000 categories and sub-categories. With plans to expand the volume of content and grow its business even further, Gale's decision to utilize Verity will enable it to augment its classification efforts in a more cost-effective manner.
"Verity's rich history of best-of-breed technology and experience were important considerations in Gale's decision to choose Verity K2 Enterprise. More than 24 percent of American households with school-aged children have access to Gale products and more than 10 million Web pages are accessed in Gale's databases each day," said Anthony J. Bettencourt, president, Verity, Inc. "The capabilities of Verity's LRC technology will aid the research efforts of students, families, and business people every day."
About The Thomson Corporation and Gale
The Thomson Corporation (west.thomson.com), with 2001 revenues of $7.2 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information and technology to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC, TSX: TOC). As part of the Thomson Learning division, Gale® (www.gale.com) is a world leader in e-reference publishing for libraries, schools and businesses. Best known for its accurate and authoritative content as well as its intelligent organization of full-text magazine and newspaper articles, the company creates and maintains more than 600 databases that are published in electronic form, as well as in print and microform. Gale includes such noted brands as Macmillan Reference USA™, Charles Scribner's Sons™, Primary Source Microfilm™, UXL®, Greenhaven Press™, Lucent Books™, Kidhaven Press™, Blackbirch Press™, Thorndike Press™ and Wheeler Publishing. Gale operating companies include the distinguished K.G. Saur™ and Graham & Whiteside™.
About Verity
Headquartered in Sunnyvale, Calif., 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 intranets used for sharing information within an enterprise; e-commerce sites 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 approximately 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.
This press release contains forward-looking statements relating to Verity and the expected performance of its K2 Enterprise software in the Gale's Web site. Actual results are subject to risks and uncertainties including the risk that integration of the Verity software into the Gale's Web site 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 subsequent 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.
Steve Hoechster
Alliant Public Relations+
646-495-5401 or 914-393-9219
steve.hoechster@alliantpr.com
Winifred Shum
Verity, Inc.
408-542-2363
wshum@verity.com
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