Integration of Verity's Advanced Search Software in Documentum 5 Will Provide Customers With Precise Information Retrieval Capabilities for eBusiness Applications
SUNNYVALE, Calif. - 2002-09-10 - Verity Inc. (NASDAQ: VRTY), a leading provider of infrastructure software that powers corporate intranets and e-commerce sites as well as e-business applications, today announced its support for Documentum 5, the next generation enterprise content management (ECM) platform from Documentum (NASDAQ: DCTM), the leading provider of ECM.
The recently announced Documentum 5 redefines enterprise content management by delivering a host of new capabilities. The new content management platform allows for complete creation, management, delivery and archival of content. Verity's advanced search technology addresses the challenges of finding an enterprise's mission-critical information. Documentum will leverage the power of both solutions by embedding Verity's search software in Documentum 5, a move designed to increase employee productivity and return-on-investment.
In addition, Verity's Gateway to Documentum's content management application will optimize enterprise productivity by providing immediate access to Documentum data. Other Verity Gateways will allow users access to different content repositories. Verity's full support for security ensures that users will not find or know about information they are not authorized to access.
"Documentum 5 is the platform of choice for content-rich applications. Verity's search technology integrates easily into our customers' existing systems for fast and accurate search results," said Jay DeWalt, vice president of partner management for Documentum. "Verity's Gateway will provide ease-of-integration for our joint customers. We look forward to continually working with Verity to enhance our customers' e-business solutions."
"Verity is pleased to extend our long-standing relationship with Documentum to support their latest offering," said Mike Zuckerman, Verity's vice president of marketing. "Our powerful joint solution is being used by many Global 2000 companies. We believe that our joint customers will continue to benefit from Verity's advanced search technology and from Documentum's latest enterprise content management platform."
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, Cap Gemini Ernst & Young, Cisco, CNET, Compaq, Dow Jones, EDGAR Online, FairMarket, Financial Times, Globe and Mail, Home Depot, Lotus, SAP, Siemens, Sybase, Time New Media and Timex.
This press release contains forward-looking statements relating to Verity and the expected performance of its software in Documentum 5. Actual results are subject to risks and uncertainties including the risk that integration of the Verity software into Documentum 5 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.
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