Verity Named to EContent 100 List of 'Companies that Matter Most' For Third Consecutive Year
Company Cited in Intranet & Portals and Search Engine & Technologies Categories
SUNNYVALE, Calif. - 2004-12-14 - Verity Inc., (NASDAQ: VRTY), a leading provider of enterprise software that enables organizations to maximize the return on their intellectual capital investment, today announced it was named one of the top 100 companies in the digital content industry by EContent magazine, a leading IT business monthly that focuses on development and implementation of digital content strategies and resources. Verity is acknowledged on the 'EContent 100,' a list of companies that matter most in the digital content industry as determined by a panel of editors from the magazine and other Information Today, Inc. publications, in the December 2004 issue of the magazine.
"This is the third year in a row that Verity has been cited by EContent as a company that matters most, recognized for contributions to the advancement of intranets and portals as well as portals and search engine technologies," said Anthony J. Bettencourt, Verity's president and chief executive officer. "EContent's honor serves as further testimony to Verity's unique ability to enable organizations to realize the most value from their intellectual capital at every step of their information process flow."
"The 'EContent 100' list provides a look at the stand-out companies that demonstrate the winning strategies and solutions that define the digital content industry," said Michelle Manafy, EContent's editor. "Verity, like the others on this year's list, is a company that is having a significant impact on quality, breadth and depth of our industry."
In selecting Verity for the 2004 'EContent 100,' the panel of judges noted the company "upgraded most of its search, taxonomy, personalization, and content management tools, and expanded its product portfolio to include content capture and business process automation software...The company's most recent quarterly revenues showed an impressive 30 percent increase over the previous year. It recently introduced Verity Extractor 1.0, software that identifies and extracts concepts, patterns, and entities in diverse enterprise content. This is the first such Verity product that integrates directly with the company's enterprise-class search, classification, and recommendation technologies."
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, Home Depot, 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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