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Verity Announces Search Product Family; Delivers Unified Results from Multiple Sources
Handles all Business Search Requirements; Eliminates Confusion with Consumer Search Solutions
SUNNYVALE, Calif. - Oct. 10, 2005 - Verity Inc. (NASDAQ: VRTY) today announced Verity Search, a new family of business search products that - with a single query - provides unified results from multiple, simultaneous searches across targeted sources. In addition, Verity Search addresses the top challenge facing buyers, managers and users of search systems in large businesses: Confusion over the differences between consumer and business search solutions.
A comprehensive study conducted among CIOs, IT directors and search specialists by Verity served as the building blocks for the company's new Verity Search product family as well as programs designed to help businesses avoid or eliminate the confusion consumer search has created in business environments.
"The business requirements for finding information are complex and may require a spectrum of tools that extend beyond a simple search engine," said Susan Feldman, IDC's research vice president for Content Technologies. "These tools may include easy interfaces to help tune relevance to increase online sales, reporting tools to monitor usage and uncover questions that aren't answered, as well as extensive security at the document or subdocument level to ensure that only authorized employees can access some information. Categorizers, directories, parametric search, visualizers, data or text mining technologies may be required as part of an extended search platform. These requirements are inherently different from the requirements for consumer Web search."
In its research among IT executives, Verity learned that a consumer search offering frequently looks like a simple solution to a business' search needs. However, it is that simplicity which creates more problems than it solves. Consumer search treats every user identically, deals with documents only and does not adhere to business policies.
At the center of Verity Search is the recognition that the business search user will require a mechanism that recognizes who they are, what they do and what information they need to make informed decisions fast. Business search solutions must fulfill six requirements:
l Be built for business with dedicated service and support readily available;
l Be tunable for relevance based on business needs;
l Search all relevant sources, from internal repositories to external Web servers and paid subscription sites
l Allow multiple ways to search for documents, databases and applications;
l Conform with a business' security, privacy and audit standards; and,
l Provide unified results from multiple searches done simultaneously from a single query
Verity Search ensures the most relevant results are delivered in a unified, meaningful way to each individual worker or job role, in a secure and compliant fashion.
"Consumer-type search is a one-size-fits-all method that utilizes general keyword search technology, which is fine for HTML and document search, but that is insufficient for a business," said Anthony J. Bettencourt, Verity's chief executive officer. "The notion that what serves us at home, searching the Web or even a PC's desktop, is misguided. Business search must be specific to the company and the user's job; have an assortment of searching tools to improve the range and precision of the search results that come from documents, databases and applications as well as sources on the Internet; and be compliant and secure."
Verity Search draws real distinctions with consumer search as well as traditional business search point products. Verity Search integrates enterprise desktop search with general business search and/or specialized search application platform. Using the Verity Search family, a user can make a single query and have the desktop, email, secure corporate repositories, the public Internet, intranet and subscription-based Web sites be searched and have the results displayed by user preference.
An integral component of the Verity Search family is the new Verity Business Desktop product that will be generally available November 2005.
To let buyers, managers and users of search solutions fully understand the differences between business and consumer search - and better appreciate how and why Verity Search meets the requirements of business search - the company is offering a white paper, "How to Select a Business Search Engine," that can be downloaded from the Verity Web site and will be conducting a Webinar series on the requirements of business search and discussing the topic at industry events.
About Verity
Verity provides business search and process management software that more than 15,000 organizations rely on to gain greater visibility to and value from their people, processes and information.
Verity business search solutions provide unified results from multiple, simultaneous searches across targeted sources from the desktop to the enterprise. Verity Search, built to perform in a business environment, is tunable to relevance needs, secure and compliant.
Verity process management solutions bring together and automate paper- and digital-driven processes so organizations can bridge the gaps between their people, paper and systems and perform more efficiently.
Verity technology also serves as a core component of more than 260 applications from leading independent software vendors.
Around the world, our customers include companies of all sizes, from small and mid-size businesses to the Global 2000, as well as public sector organizations. Corporate customers include ABB, AT&T, AXA, Bristol-Myers Squibb, Capgemini, Capital One, Cisco, Deloitte Consulting, EDGAR Online, Ford, GMAC, Hewlett-Packard, Kaiser Permanente, Mayo Foundation, PricewaterhouseCoopers, 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. Department of Defense, including the armed forces units, and the U.S. Departments of Energy and Justice. Independent software vendors that integrate Verity technology include EMC Documentum, FileNet, Lotus, Oracle, Stellent, TIBCO and Xerox DocuShare.
Listed on the NASDAQ under the ticker symbol VRTY, Verity has its headquarters in Sunnyvale, California.
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.
All other trademarks are the property of their respective owners.
Verity Editorial Contacts:
Winifred Shum
Verity, Inc.
(408) 542-2363
wshum@verity.com
Euro RSCG Magnet
(212) 367-6804
veritypr@eurorscg.com
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