Verity Introduces Verity® Federator to Integrate Multiple Enterprise Search Systems and Content Sources
New Infrastructure Extends the Power and Reach of Verity?s Ultraseek and K2 Enterprise Software
SUNNYVALE, Calif - 2003-03-18 - Verity Inc., (NASDAQ: VRTY), a leading provider of enterprise software that helps organizations maximize the return on their intellectual capital investment, today announced that its new Verity® Federator will be available at the end of this month.
Verity Federator is a Java infrastructure with a public application programming interface (API) designed to seamlessly integrate the search systems of Verity® Ultraseek (formerly Inktomi Enterprise Search, which Verity acquired in December 2002) and Verity® K2 Enterprise (K2E) customers. The new offering is also designed to allow customers to leverage K2E's advanced classification and personalization functionality across all content, including third-party content sources and applications, regardless of where the content is stored.
"With the introduction of Verity Federator, Verity Ultraseek and K2E customers will be able to further leverage their existing intellectual capital investments," said Anthony J. Bettencourt, Verity's president and chief executive officer. "They can gain access to content indexed by both applications with a single click, without altering the individual repositories. More important, Verity Federator confirms our commitment to serving our customers as their business needs grow by providing a full spectrum of information retrieval software capabilities, from basic search to advanced classification and personalization."
In many large enterprise environments, it is common to find both Verity Ultraseek and Verity K2E being used by different departments for different applications. To compile results from both systems, users typically had to submit separate queries to each system and then manually assimilate the results. Verity Federator's ease of implementation and administration capability is designed to enable users to submit a single query and quickly get an accurate view into all of their enterprise's intellectual capital. This includes results retrieved from Verity K2E and Verity Ultraseek repositories, as well as information found in external subscription-based sources, enterprise applications and other vendors' search engines. Results from these disparate sources can be automatically filtered, merged, re-ranked and presented in a single, unified view according to individual business requirements.
In addition, Verity Federator's open API is designed to allow users to extend search, classification and recommendation functionality across multiple content sources, magnifying return on investment. As customers' business needs and requirements grow, Verity Federator can provide smooth migration to K2E's advanced functionality, without the need to re-index the content.
According to Rob Lancaster, senior analyst at the Yankee Group, a technology research and consulting firm, "With the launch of Verity Federator, Verity is providing customers with a way to integrate Verity's Ultraseek and K2 solutions. Equally as important, federating, or integrating, disparate taxonomies through a single system gives businesses an opportunity to leverage multiple content sources through a single interface. Today's worker requires access to a variety of content sources, creating demand for search technology that provides the user with more than what is known to exist."
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, Dow Jones, EDGAR Online, Financial Times,
H-P, Home Depot, Lotus, META Group, SAP, Siemens, Stellent, Sybase, Time New Media and Timex.
The statements in this press release regarding the benefits that Verity expects customers will receive from Verity Federator are forward-looking statements. These statements are subject to risks and uncertainties, including the risk that: the benefits may not be obtained due to technical or other reasons; and the structure of certain customers' organizations may not be conducive to realizing on these benefits. Other risks relating to Verity and its business and products are set forth under the caption "Risk Factors" in its Quarterly Report on Form 10-K filed with the Securities and Exchange Commission on January 10, 2003.
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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