ePeople Announces OEM Agreement with Verity to Enhance ePeople Teamwork Collaborative Support Software
ePeople Strengthens Knowledge Automation Capabilities With Verity's Advanced Search, Classification and Personalization Technologies
MOUNTAIN VIEW, Calif., and SUNNYVALE, Calif - 2003-01-27 - ePeople, the market leader in collaborative CRM and Verity, Inc. (NASDAQ: VRTY), a leading provider of enterprise software that helps organizations maximize the return on their intellectual capital investment, today announced that ePeople has signed an OEM agreement with Verity Inc. The agreement includes the integration of Verity® K2 Developer's advanced search, classification and personalization technologies into ePeople Teamwork, a web-based collaborative support application for companies that sell complex products.
Verity K2 Developer increases the power and flexibility of ePeople Teamwork's recently announced Knowledge Automation feature, which automatically captures and shares key information to expedite the issue resolution process.
"Traditional knowledge management systems require manual creation of articles and knowledge, making them very expensive to implement and use," said Matt Kendall, CTO, ePeople. "ePeople Teamwork's Knowledge Automation feature combines the power of Verity's industry-leading search, classification and personalization technologies with ePeople's proprietary heuristics to deliver a very cost effective knowledge automation solution. After a detailed evaluation of various vendors, Verity clearly offered the superior technologies."
ePeople Teamwork enables customer support organizations to improve customer satisfaction by continuously reducing resolution time and improving the quality of responses to issues. It also reduces the total cost of support by enabling companies to formalize and streamline their issue resolution process.
ePeople Teamwork's newly introduced Knowledge Automation capability automatically captures information about people, issues and content as a part of its collaborative issue resolution process, and processes it as fast as it is being generated. Its sophisticated architecture enables it to make pertinent data immediately available, so it can instantly help resolve related issues. Reuse of information about relevant content and staff expertise can potentially occur even before the original issue has been fully resolved. This is especially relevant in fast moving industries such as high technology, where short product lifecycles make the traditional process of authoring knowledge articles cumbersome and slow.
"Time to resolution is key for support organizations," said Michael T. Zuckerman, Verity's Vice President of Marketing. "Verity K2 Developer software with its advanced search, classification and personalization technologies provides ePeople with a powerful and time-saving Knowledge Automation solution."
About ePeople
ePeople, founded in 1997, is the leading provider of web-based, collaborative CRM solutions. The ePeople Teamwork application helps companies manage and resolve complex customer issues more effectively, thereby increasing customer satisfaction and retention. Customers of ePeople include Adobe Systems, Inc., Cognos, Enkata Technologies, Openwave Systems, Inc., OpSource Inc., Oracle Corp., and Service & Support Professionals Association (SSPA). Headquartered in Mountain View, Calif., ePeople is privately held. Investors include Redpoint Ventures, Menlo Ventures, Integral Capital Partners, Bedrock Capital, Brentwood Venture Capital, and CNET. More information on ePeople is available at www.epeople.com.
About Verity
Headquartered in Sunnyvale, Calif., Verity provides software solutions that help organizations maximize the return on their intellectual capital investment by utilizing Verity's industry-leading enterprise search, classification and personalization technologies. Verity software is used for sharing information within and between enterprises; for facilitating e-commerce sales; and for B2B activities on Web-based market exchanges. In addition, Verity technology serves as a core component of many leading e-business applications.
Verity products are used by more than 3,500 organizations in the private and public sectors. Customers include Adobe Systems, AT&T, Bristol-Myers Squibb, Cisco, Cap Gemini Ernst & Young, Documentum, H-P, Dow Jones, EDGAR Online,
This press release contains forward-looking statements relating to Verity and the expected performance of its software in the ePeople application. Actual results are subject to risks and uncertainties, including the risk that integration of the Verity software into the ePeople application 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 under the caption "Risk Factors" in its latest 10-K filed with the United States Securities and Exchange Commission.
Financial Times, Home Depot, Lotus, META Group, SAP, Siemens, Sybase, Time New Media and Timex.
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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