Verity's President & CEO Named Ernst & Young Entrepreneur of the Year® 2005 Award Finalist
SUNNYVALE, Calif. - 2005-05-25 - 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 its president and chief executive officer, Anthony J. Bettencourt, has been named a finalist by professional services firm Ernst & Young LLP for its Entrepreneur of the Year® 2005 Awards in Northern California.
Bettencourt was selected by a panel of independent judges comprised of area leaders from business, academic, and civic organizations. Winners will be announced at an awards banquet on June 17, 2005 at The Fairmont Hotel, San Francisco.
"This has been a successful year for Verity and I'm honored to be a finalist for the Ernst & Young Entrepreneur of the Year Award," said Bettencourt. "Every team member at Verity has contributed to this nomination. We will continue to expand the reach and value of intellectual capital management within our customers' businesses, while following the proven, prudent business practices that have served us so well in the past."
About The Ernst & Young Entrepreneur of the Year® Program
The Ernst & Young Entrepreneur of the Year Program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, Ernst & Young Entrepreneur of the Year recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national and global award programs in over 100 cities and 35 countries.
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, TIBCO and Xerox DocuShare.
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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