New Verity® Ultraseek® Features Web Services Interface to Further Simplify Integration

Latest Release also Enhances Capabilities with JavaScript Spidering and Expanded Document Highlighting

SUNNYVALE, Calif - 2004-02-02 - Verity Inc. (NASDAQ: VRTY), a leading provider of enterprise software that helps organizations maximize the return on their intellectual capital investment, today announced the availability of Verity Ultraseek release 5.2. The newest version of the company's powerful, downloadable enterprise search software incorporates five important new features that improve upon the product's already superior search relevance capability and end-user experience while making it even easier to integrate into a wide range of application environments. The enhancements are:

• New Web Services Interface

• Portlet Integration with Leading Applications

• JavaScript Spidering Capabilities

• Expanded Document Highlighting

• Easy Migration Path to Ultraseek from Verity&Mac226; Information Server

"The latest release of Verity Ultraseek extends its position as the enterprise search engine that provides ultra-relevant search, ultra-easy implementation and ultra-affordable cost of ownership," said Anthony J. Bettencourt, Verity's president and CEO. "The new features and enhancements provide meaningful and measurable benefits immediately to administrators and end-users alike. Verity Ultraseek is a downloadable search engine for organizations of all sizes that need a pure search application to let employees, partners and customers locate intellectual capital enterprise-wide."

Simplified Integration with Web Services

Integration of search into mixed application environments is simplified with a new Web Services interface available in version 5.2 of Verity Ultraseek, which supports both .NET and J2EE platforms. The interface ensures that Verity Ultraseek can easily integrate with virtually any enterprise application to bring the full capabilities of the enterprise search engine to an organization's complete business software array.

Existing portal, content management and other applications based on BEA, Vignette, TIBCO or IBM WebSphere can now have search capabilities added quickly and easily with new pre-built Verity portlets. These new portlets can enhance the return on technology and intellectual capital investments by improving the usability and performance of intranets or corporate portals with Ultraseek search functions.

For those organizations using the Verity Information Server software, Verity Ultraseek's new Upgrade Wizard provides an easy migration path and the insinuation of the search engine into their intellectual capital management systems. During the Ultraseek implementation process, Verity Ultraseek automatically detects the Information Server configuration settings and mirrors them in the Ultraseek setup.

In addition, Verity Ultraseek 5.2 offers expanded platform support for Windows 2003 and Redhat Linux AS 2.1.

Strengthened Indexing

JavaScript spidering capabilities have been added to Verity Ultraseek's intelligent, adaptive spider indexes that can turn the myriad of document types and file formats spread across the typical enterprise into a single body of intellectual capital that is searchable with a single query. With this new capability, Verity Ultraseek can find and index dynamically-generated Web pages. Structured and unstructured information sources can also be brought together in the index through Ultraseek's optional lightweight database connectivity.

Expanded Document Highlighting

Verity Ultraseek's ability to automatically highlight query terms within documents - allowing users to quickly scan retrieved documents to determine whether they contain the desired information - has been expanded to include formats such as Microsoft Word and Excel through inclusion of Verity&Mac226; KeyView&Mac226; Export. This market-leading file conversion technology dynamically converts the most popular file formats into Web-ready HTML or XML format. Further, by applying an XML vocabulary to the data structures in documents, KeyView Export makes it possible to index and search content and metadata in context.

Term highlighting capability, especially useful when dealing with lengthy documents, handles content in any supported language. Verity Ultraseek supports complete grammatical and lexical analysis of multiple languages, including localized interfaces and support for Unicode character sets. Fifteen language modules are available, including Arabic, Chinese and Japanese.

Organizations that need information retrieval for a Web site, a small intranet of distributed documents and Web pages, or a specific Web services-oriented application should consider Verity's new version of Ultraseek on their short list, notes Laura Ramos, vice president, research at Forrester Research Inc. in her February 2, 2004 IdeaByte "Don't Overlook Verity Ultraseek for Low Cost Search." She adds that new support for WSDL and portlets will make it easier to integrate search capability into a variety of application environments while maintaining Ultraseek's historically low administrative overhead. Ideally suited for SMB and departmental implementations, larger organizations looking at search appliances, hosted services or open source will find they get additional control and, subsequently better results with Verity Ultraseek.

The scalable, stable, reliable Verity Ultraseek architecture supports most enterprise operating systems, from Windows to UNIX and Linux.

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 its customers will receive from Verity Ultraseek 5.2 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 these benefits. Other risks relating to Verity and its products are set forth under the caption "Risk Factors" in its Quarterly Report on Form 10-Q filed with the United States Securities and Exchange Commission on January 9, 2004.

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.

Verity Editorial Contacts:

Winifred Shum

Verity, Inc.

(408) 542-2363

wshum@verity.com

Steve Hoechster

Elster Group

(646) 495-5401 or (914) 393-9219

shoechster@elstergroup.com

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