Nissan Motor Selects Verity K2 Enterprise for its Intranet and Global Websites
SUNNYVALE, Calif - 2004-09-28 - Verity Inc. (NASDAQ: VRTY), a leading provider of enterprise software that enables organizations to maximize the return on their intellectual capital investment, today announced that Nissan Motor Company, a leading manufacturer of automotive products and services, has selected Verity® K2 Enterprise (K2E) advanced search, classification and personalization software to manage information across its intranet and several of the company's external portals.
Verity K2E will enable global employees of Nissan and visitors to its websites to find the right information quickly and effectively. The company also plans to leverage Verity's advanced Asian and European Locales to allow users to find the exact document that they are looking for in their local language. Verity was chosen following an extensive selection process because of its market-leading position and the robustness of the Verity K2E product.
"Verity K2E is powering many of the leading automotive companies' Web sites to help their employees, customers and partners to quickly and accurately locate information," said Andrew D. Feit, Verity's senior vice president of marketing. "We are pleased to contribute to Nissan's Knowledge Management program. Verity K2E will bring together all of Nissan's intellectual capital, making the right information available at the right time to the right people."
About Verity
Headquartered in Sunnyvale, California, Verity provides software that enables organizations to maximize the return on their intellectual capital investment. The company's intellectual capital management (ICM) solutions provide integrated search, classification, recommendation, monitoring and analytics across the real-time flow of enterprise information, along with question and answer interfaces for effective online self-service. Other Verity ICM solutions capture content and drive automated business processes. Verity technology also serves as a core component of more than 260 applications from leading independent software vendors.
Verity software solutions are used by more than 11,500 customers in the private and public sectors. Customers include American Express, AT&T, Bristol-Myers Squibb, Cap Gemini Ernst & Young, Cardinal Health, Cisco Systems, EMC Documentum, Dow Jones, Financial Times, Hewlett-Packard, Lotus, Kaiser Permanente, META Group, SAP, Siemens, the State of California, Stellent, Sybase, and the U.S. Departments of Energy and Justice.
This press release contains forward-looking statements relating to Verity and the expected performance of its K2 Enterprise software in the Nissan Web sites. Actual results are subject to risks and uncertainties including the risk that integration of the Verity software into the Nissan's Web sites will not perform as anticipated as a result of unforeseen technical difficulties; and the structure of Nissan's organization may not be conducive to realizing these benefits. These and other risks relating to Verity and its business and products are set forth under the caption "Risks Relating to Our Operations" in Item 1 of Verity's Form 10-K filed with the Securities and Exchange Commission on August 13, 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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