Hong Kong Trade Development Council Uses Verity Search Technology To Advance its Business Development Mission
Verity K2 Enterprise and Verity Federator Permit Simultaneous Search of Multiple Sites to Help Connect Global Buyers, Sellers to Hong Kong-Based Businesses
SUNNYVALE, Calif. - 2005-10-03 - Verity Inc. (NASDAQ: VRTY), a leading provider of enterprise search software that enables organizations to discover, analyze and process all the digital information within their enterprises, today announced that its Verity® K2 Enterprise (K2E) advanced search, classification and recommendation software, and Verity® Federator, a universal platform that permits simultaneous secure search and access to multiple sites, have been selected by the Hong Kong Trade Development Council (TDC).
The TDC is the worldwide marketing arm and public service organization for thousands of Hong Kong-based manufacturers, traders and service exporters. Its activities are geared towards small and medium-sized businesses, the chief drivers of Hong Kong's trade and service industries.
"Our mission is to advance Hong Kong as a global business hub while serving as a central resource for information and services about this international free-trade city," said Chan King Wa, Hong Kong TDC's head of information technology services. "Key to these efforts is five content-rich TDC Web sites, among others in the TDC portal, that draw millions of individual visitors on a monthly basis, who come to find information or a business partner. Verity advanced enterprise search technologies allow that information to be identified quickly and accurately."
The five Web sites operated by the TDC offer information on marketing opportunities, market intelligence, how to grow small and medium-size businesses as well as a business matching service that links buyer to seller or supplier to manufacturer and an online marketplace for business-to-business transactions.
Use of the sites as information resources was not as easy or satisfying an experience prior to the deployment of Verity software. "The previous search technology that was employed by the TDC did not permit discovery of pertinent information located on the five different sites. It was also slower and delivered results of lesser relevance than we are experiencing now with Verity," Chan said.
With Verity Federator, TDC can now allow its site visitors to access all of its relevant content, regardless of which of the five Web presences users first come to visit, further improving the return on intellectual capital assets. In addition, Verity's technologies enable users to search for specific terms in both English and Chinese. Content organization across the sites is handled by Verity classification software.
The TDC opted for K2E after a series of capabilities demonstrations that showed the Verity software performed at a consistently higher level than similar offerings on the market.
"An important way that the TDC presents its 'face to the world' is through its Web sites," said Hugo Sluimer, Verity's senior vice president of Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC) operations. "It is mission-critical for this information to be easily and accurately accessible, providing a competitive edge for Hong Kong businesses. We are pleased that Verity's enterprise search-related technologies help to ensure business people who visit the TDC sites discover relevant information, and more importantly, new business opportunities."
About Verity
With headquarters in Sunnyvale, California, Verity provides enterprise search software that enables organizations to discover, analyze and process all the information within their enterprises. The company's 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 15,000 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, Deloitte Consulting, EDGAR Online, Ford, GMAC, Hewlett-Packard, Kaiser Permanente, 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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