Verity Advanced Search and Classification Technologies Part of IBM NICA Digital Asset Management Solution
Verity K2 Developer Software Helps Search Accuracy, Scalability and Ease of Integration for IBM Solution
SUNNYVALE, Calif. - 2005-03-18 - 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 IBM has upgraded the search and content organization capabilities of its digital asset management solution for publishing with the integration of Verity(r) K2 Developer (K2D).
IBM's NICA (Networked Interactive Content Access) is an end-to-end solution that provides the ability to manage, archive, retrieve and reuse content such as text, images, graphics, PDFs, QuarkXpress or InDesign pages as well as audio and video clips. NICA is one of the preferred digital asset management solutions among newspapers, magazines news, wire services and photo agencies around the world.
By embedding K2D, Verity's OEM product for independent software vendors (ISVs) who want to easily add search and organization capabilities to a wide range of business applications, IBM NICA brings to all sorts of print publications and news organizations a faster, more reliable and more accurate search and content classification mechanism.
The IBM NICA solution with K2D will harness Verity(r) Organization Developer's Kit (ODK) that allows taxonomies to be created, modified and reused easily to optimize the organization of content and improve search results.
Further, NICA with K2D will feature Verity's Parametric Selection that provides an intuitive interface so users can easily sort and filter information by selecting pre-set parameters, and searching through filtered text fields and document content for specific content. This heightened search capability will be enjoyed in more countries as well.
The inclusion of Verity K2D brings to NICA support of many languages provided by Verity's Unilocale Locale feature. Verity's full text search delivers results rapidly and ranked by relevance allowing even unsophisticated searchers to find what they want quickly and accurately. Verity K2D can scale to support both a large volume of content and number of users due to its multi-tiered parallel computing architecture.
"IBM's digital asset management system for the world's publications is now equipped with an equally world-class advanced search and classification capability, Verity K2D," said Anthony J. Bettencourt, Verity's president and chief executive officer. "In addition, K2D's enterprise-class scalability further enhances the value and appeal of IBM NICA."
In addition to its comprehensive set of functions and features, Verity K2D can also be easily integrated with enterprise applications. ISVs can choose to deploy the product either as an add-on module or fully embed it into new or existing applications.
About NICA
NICA is an end-to-end digital asset management solution that provides newspaper and magazine publishers, press agencies or any company that needs to manage publishing content, the ability to manage, archive, retrieve and reuse content such as text, images, graphics, pages, audio and video clips. Through its open architecture, NICA can be easily integrated with customers' production workflows, editorial creation applications and front-end content creation systems. NICA provides the workflow management that allows the easy integration of the solution into the customer's environment. NICA is designed to preserve historical media, increase productivity and shorten production time all while allowing reuse of content for new revenue streams. Additional information on NICA can be found at www.ibm.com/software/data/nica.
About Verity
Headquarter 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 self-service Q & A. In addition, Verity's business process management and content capture solutions activate information and accelerate its flow from person to person and between systems. Verity technology also serves as a core component of more than 260 applications from leading independent software vendors.
Around the world, more than 11,500 organizations of all sizes and types rely on Verity to manage their intellectual capital. In the private sector, these include ABB, AT&T, AXA, Bristol-Myers Squibb, Capgemini, Capital One, Cisco, Deloitte Consulting, EDGAR Online, Ford, GMAC, Hewlett-Packard, Kaiser Permanente, KPMG, Mayo Foundation, PricewaterhouseCoopers, SAP, UBS and Verizon. In the public sector, customers come from all levels and branches of government, including the U.S. General Services Administration, the U.S. Air Force and Army, the U.S. Department of Defense, including the armed forces units, and the U.S. Departments of Energy and Justice. Independent software vendors that integrate Verity include EMC Documentum, FileNet, Lotus, Oracle, Stellent and TIBCO.
This press release contains forward-looking statements relating to Verity and the expected benefits customers will receive from utilizing the IBM NICA with Verity K2 Developer software. Actual results are subject to risks and uncertainties, including the risk that integration of the IBM NICA technology into Verity K2 Developer software will not perform as anticipated as a result of unforeseen technical difficulties. Other risks relating to Verity and its business and products are set forth under the caption "Risks Relating to Our Operations" in Item 2 of Part I of Verity's latest Form 10-Q, filed with the Securities and Exchange Commission on January 7, 2005.
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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