Stanford Graduate School of Business Using Verity Ultraseek
Ease of Use and Deployment Drive Choice of Enterprise Search Engine
SUNNYVALE, Calif - 2004-02-24 - Verity Inc., (NASDAQ: VRTY), a leading provider of enterprise software that enables organizations to maximize the return on their intellectual capital investment, today announced the Stanford University Graduate School of Business is using Verity® Ultraseek®, a powerful, downloadable enterprise search engine for use on both its external and internal Web sites.
The decision to use Verity was made after an extensive evaluation process. Key factors in the decision process included ease of implementation and deployment, as well as out-of-the-box performance.
"We wanted to improve the quality of search on our public and intranet sites but sought to avoid a lengthy deployment cycle," said Lisa Chan, metadata services manager for the Stanford Graduate School of Business. "At the initial stage of the selection process, we wanted to see how the various products measured up. Verity offered a trial version of its Ultraseek search engine via a download. We found it could be used out-of-the-box immediately and performed very well."
The Stanford Graduate School of Business used the Verity Ultraseek engine to crawl its public site and within minutes highly relevant search results were returned.
"Stanford sought to improve the value of its external and internal Web sites with its choice of Verity Ultraseek enterprise search engine," said Anthony J. Bettencourt, Verity's president and CEO. "We are pleased to partner with their Graduate School of Business in enhancing its learning and teaching environments by providing students, faculty members, employees and visitors to the sites the ability to rapidly locate and use the most relevant information."
Along with effective indexing of the content on the school's sites, for fast and accurate search, Verity Ultraseek has other features attractive to site administrators and users. "It was important to our editorial group to be able to control search results of seasonal items they post," Chan said. "In addition, several of our faculty members have names that are difficult to spell and many of the research papers include arcane terms, so that was a concern as well."
Chan expects the school will make use shortly of the Verity Ultraseek's Layout Manager feature, the easy-to-use capability that lets business-unit level managers restyle a site's search page to suit specific needs and preferences. In addition, Verity Ultraseek will be integrated with a number of the school's databases to enable search of the structured data.
The main public Web site of Stanford's Graduate School of Business contains more than 11,000 documents, including faculty profiles, research papers and case studies, news items, admission guide, financial aid information as well as access to the entire catalog of the school's library. Documents are in several file formats, including HTML, Word and PDF. Selected documents, particularly some of the case studies and research papers, are not accessible by the public. Verity Ultraseek's editorial control capability ensures that only authorized users will have access to the restricted documents.
About the Stanford Graduate School of Business
The Stanford Graduate School of Business has built an international reputation based on an MBA Program designed to educate business leaders, a doctoral program, the prestigious, one-year Stanford Sloan Program for mid-career managers, executive education courses for experienced managers, and a vigorous faculty research program.
The school was founded in 1925 at the urging of Stanford alumnus Herbert Hoover, who later would become President of the United States. Hoover had decried the lack of management education on the West Coast and, in an entrepreneurial act for the times, proposed starting a business school at Stanford. He enlisted the aid of his business friends to raise the money and open the School. Over the years, Stanford Business School has become known as second to none in the quality of its faculty, students, research, and academic offerings. Its achievements are grounded in a balanced excellence between world-class research and the relevance of best practice.
Each year, the school also enrolls approximately 740 MBA students, 105 candidates in the PhD Program, 54 mid-career executives in the one-year Stanford Sloan Program, and more than 1,500 participants in Executive Education short courses designed to enhance executives' professional capabilities. The faculty numbers approximately 125 men and women, including visiting professors.
The school's J. Hugh Jackson Library and the Rosenberg Corporate Research Center, its primary resource for current corporate and business information, constitute a working laboratory for business students' research and study. One of the nation's largest academic business libraries, its extensive collections includes a wide range of electronic data resources. The school uses a variety of computer programs and Web-based systems for teaching and research.
About Verity
Headquartered in Sunnyvale, Calif., Verity provides software solutions that enable organizations to 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, Cap Gemini Ernst & Young, Cisco, 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 benefits the Stanford Graduate School of Business will receive from utilizing the Verity Ultraseek software. Actual results are subject to risks and uncertainties, including the risk that integration of the Verity software into the Stanford Graduate School of Businessx intranet and Internet will not perform as anticipated as a result of unforeseen technical difficulties. These and other risks relating to Verity and its business and products are set forth under the caption xRisk Factorsx in in Part I, Item 2 of Verityxs Form 10-Q filed with the 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.
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