Verity CTO Named Editor in Chief of the Journal of the ACM
SUNNYVALE, Calif - 2003-05-19 - 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 vice president and chief technology officer, Prabhakar Raghavan, has been named editor in chief of the Journal of the Association for Computing Machinery (JACM). Raghavan, who is a Fellow of the ACM and serves on the editorial boards of the JACM and the ACM Transactions on Internet Technology, will assume the editor in chief position on June 1.
"Prabhakar Raghavan is a leader in the theoretical computer science community. His interests, which span a wide range of areas from randomized algorithms to information retrieval on the Web, will sustain JACM's efforts to broaden its coverage of the most significant work in the computing field," said Joseph Halpern, outgoing editor in chief of JACM and professor of computer science at Cornell University.
In addition to formulating Verity's technical strategy, Raghavan serves as consulting professor of computer science at Stanford University and has also taught at Yale. Prior to Verity, Raghavan held a number of technical and managerial positions at IBM Research.
Raghavan holds a doctorate from the University of California at Berkeley and a bachelor's degree in electrical engineering from the Indian Institute of Technology in Madras, India. He holds several patents and has authored more than 100 papers in various fields including algorithms, optimization, Web search and databases. Raghavan is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE).
"At Verity, we are committed to technological leadership and appreciate the standards of excellence in computer science research upheld by the Journal of the ACM," said Anthony J. Bettencourt, Verity's president and CEO. "By appointing Prabhakar Raghavan as editor in chief, the Journal is getting a great leader who will uphold those standards and maintain the appeal of the Journal to the ACM's members."
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.
This press release contains forward-looking statements relating to Verity and the expected performance of its K2 Enterprise software in the Kaiser Permanente's newly integrated Web site. Actual results are subject to risks and uncertainties including the risk that integration of the Verity software will 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 Verity's latest Form 10-Q filed with the United States Securities and Exchange Commission.
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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