Virage Welcomed into Elite Group of Digital Asset Management Vendors, Integrators and Users
SAN FRANCISCO, Calif. - April 19, 2004 - Virage, Inc., a wholly owned division of Autonomy Corp. (Nasdaq: AUTN; LSE: AU.) and a leading provider of rich media communication and content management software, today announced that it has joined the Global Society for Asset Management (G-SAM), the world's first international trade and professional association dedicated to the rapidly-growing field of digital asset management (DAM). Members include an elite group of digital asset management vendors, integrators and users such as IBM, Sony, Sun Microsystems and 20th Century Fox.
Founded in April 2003, G-SAM is a member-driven association with the goal of overcoming industry inhibitors and advancing best practices in DAM across multiple industries. G-SAM is focused on the development of best practices by facilitating dialogue across user and vendor communities. In local, national and international gatherings and symposiums, G-SAM provides the framework to aggregate and communicate critical issues for the advancement of DAM as a business initiative.
"Virage is committed to technology excellence and providing cutting-edge products that meet our users' requirements for effectively managing their organization's digital content," said Bradley Horowitz, chief technology officer and co-founder of Virage, Inc. "Through our affiliation with G-SAM, we can better understand and resolve the critical issues regarding DAM and extend this to promote best practices to better serve our global customers."
"The mission of G-SAM is to provide a forum and community for digital asset management users, vendors, consultants and system integrators to raise and solve industry issues," commented Per Sjofors, EVP Strategy and Business Development for G-SAM. "We are pleased to further the development of this forum with the latest member, Virage. We welcome Virage's involvement and contributions to the industry with participation in G-SAM's working committees and special interest groups."
With branches in the United States, Europe and Asia, G-SAM is completely independent, not-for profit, self-funded and vendor-neutral. The organization serves as an umbrella group for all aspects of activity and innovation in the DAM arena. For more information on G-SAM, please visit www.g-sam.org.
About Virage
A wholly owned subsidiary of Autonomy Corporation plc (LSE:AU., NASDAQ:AUTN), Virage is a leading provider of rich media communication and content management software for corporations, media and entertainment companies, universities and government agencies worldwide with more than 450 customers and more than 100 partners. Virage customers include Cisco Systems, Empire Blue Cross Blue Shield, Harvard University, NASCAR, Oracle Corporation, Pfizer, the United States Senate, Xerox and many more. Headquartered in San Mateo, California, Virage has offices throughout the United States and Europe. For more information about the company, its products, and customers, please visit www.virage.com.
About Autonomy
Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU.) is a global leader in infrastructure software for the enterprise. Autonomy's technology powers applications dependent upon unstructured information including call center, customer relationship management, knowledge management, enterprise portals, enterprise resource planning, online publishing and security applications. The Autonomy group of companies includes Aungate, a leading supplier of electronic communications management for regulatory compliance in the enterprise; Audentify, a leading supplier of next-generation contact center technology and Virage, a leading provider of video and rich media communication software. Autonomy's customer base includes more than 1000 global companies including BAE Systems, Ford, Ericsson, Royal Sun Alliance, Sun Microsystems and public sector agencies including the U.S. Department of Defense, NASA and the U.S. Department of Energy. Strategic reseller and OEM partners include leading companies such as ATG, BEA, Business Objects, Brio, Citrix, Computer Associates, EDS, IBM Global Services, iManage, Novell, Novient, Vignette and Sybase. The company has offices worldwide.
Caution Concerning Forward-Looking Statements
With the exception of historical information, the matters set forth in this news release are forward-looking statements that involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. These factors include, among others, technology risks, including dependence on core technology; fluctuations in quarterly results; dependence on new product development; rapid technological and market change; reliance on sales by others; management of growth; dependence on key personnel; rapid expansion; growth of the Internet; financial risk management; and future growth subject to risks. These factors and other factors, which could cause actual results to differ materially are also discussed in the company's filings with the United States Securities and Exchange Commission, including Autonomy's Annual Report on Form 20-F and Registration Statements on Form F-1.
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