Verity Recognized by Analyst Firm for Leadership and Technological Innovation
Verity® Collaborative Classifier is the Only Content Classification Technology to Receive the 2004 Basex Excellence Award
SUNNYVALE, Calif - 2004-12-07 - 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 the company has been recognized by Basex for its leadership and technological innovation in Collaborative Business Environments, at this week's Basex Strategic Thinkers conference, focused on "Managing the Knowledge Workforce" and is being held in New York.
Basex is a leading research and consulting firm and the authority on the productivity of knowledge workers and how information technology impacts them. The December 2004 Basex Excellence Awards (also known as the "Baseys"), acknowledges Verity's leadership in bringing collaboration technology to the content classification market today.
According to Jonathan Spira, chief executive officer and chief analyst at Basex, "Verity Collaborative Classifier ensures that a company's intellectual capital is organized and maintained to provide the greatest possible benefit to the enterprise through better business processes, improved customer interactions, and enhanced operational efficiencies."
"The Basex Excellence Awards recognize true innovation for the knowledge and information age by companies that have achieved industry-leading and all-around excellence for a product or service. We are pleased to honor Verity's insight, ingenuity and best of breed technology," continued Spira.
"Verity has proven time and again that our comprehensive intellectual capital management solutions are the most effective ways to manage and deliver information within the enterprise," said Anthony J. Bettencourt, Verity's president and chief executive officer. "The Basex Excellence award is a recognition of our leadership and innovation in content classification as well as taxonomy technologies."
About Basex
Basex is the recognized expert in Collaborative Business Environments, the intersection of content, knowledge and collaboration within the enterprise and beyond, and the authority on the productivity of knowledge workers and how information technology affects them. Basex created the Knowledge Worker Impact Quotient (KWIQ) to answer the needs of IT buyers for a better understanding of the impact tools and technologies have on both the workplace and on the people who use them. The company has been cited by KMWorld as one of the "100 Companies that Matter in Knowledge Management". Basex has a 22-year track record of accurate research and visionary analysis that drives its clients to make the right business and technology decisions for their organizations. More information on Basex can be found at http://www.basex.com
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.
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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