Verity Signs Agreement with DOCUMENTUM, Extending OEM Contract to 2001; DOCUMENTUM License Includes Verity Search Engine and International Language Support.
Under the terms of the amended agreement, DOCUMENTUM has the right to continue to include Verity's award winning search engine (Verity Developer Kit) in its Enterprise Document Management System (EDMS) to the year 2001. Verity also announced that DOCUMENTUM is expanding its relationship with Verity to include licensing international language support for Asian languages, including Japanese, Chinese (simplified and traditional) and Korean.
DOCUMENTUM incorporates the Verity Developer Kit (VDK), an advanced full -text search and retrieval engine, as part of its DocPage Server, the heart of DOCUMENTUM's EDMS. DOCUMENTUM has added support for Kanji in DocPage Server version 3.1.5J, with other languages to follow.
"As one of Verity's first OEMs, we are delighted to continue working together because we believe that our companies' business and technical strategies have a great deal of synergy," said Whitney Martin, Senior Product Marketing Manager, for DOCUMENTUM. "Verity offers us a robust solution that enables our customers to easily locate and access business-critical documents across the enterprise."
"DOCUMENTUM's EDMS is a scalable, enterprise-wide system, designed for sophisticated document management applications," said Anthony Bettencourt, Senior Vice President of Worldwide Sales for Verity, Inc. "Verity's search technology is a strategic component, adding direct value to the product's ability to navigate unstructured information. We have long valued our DOCUMENTUM relationship and are pleased to see it expand to include additional Verity functionality."
The Verity Developer Kit
The Verity Developer Kit is a customizable and cross-platform indexing, search and retrieval system designed to add search functionality to a broad range of applications. It includes a full-featured query language and a broad range of facilities, including full text and metadata search, concept-based search (Topics(R)), results list clustering, term highlighting, relevancy ranking, document summarization and query by example. More than two hundred leading commercial application vendors currently use the Verity Developer Kit.
Verity is a leading provider of enterprise knowledge retrieval solutions for corporate intranets, online publishers and OEMs and ISVs. Verity's product suite enables organizations to turn corporate intranets into a powerful knowledge base, making business information accessible and reusable across the enterprise. Verity's leadership has been recognized by numerous organizations, most recently by Delphi Consulting, which gave Verity the Market Recognition Award based on a survey of 600 corporate users.
Verity's comprehensive and integrated product family enables enterprise-wide document indexing, classification, search and retrieval, personalized information dissemination, and hybrid online and CD publishingall from the same underlying Verity collection. Verity's KeyView products also enable viewing of source documents stored in more than 200 formats.
Verity's products are used by more than 1,000 corporations, government agencies, on-line service providers, Internet publishers and software developers worldwide. Verity partners include Adobe Systems, AT&T, CNET, Cisco, Compaq, Dow Jones, Ernst & Young, Financial Times, NewsEDGE Corporation, Informix, Lotus, NEC, Netscape Communications, SAP, SCO, Siemens Nixdorf, Sybase, Tandem and Time Warner's Pathfinder.
This press release contains forward-looking statements relating to management's efforts to achieve improved operations and results. If Company management is unable to manage effectively the Company's operations, identify opportunities in a timely fashion, and effectively evaluate and manage the Company's business and competitive position, the Company's results of operations and financial condition will be materially and adversely affected. Other risks relating to the Company are as set forth in the Company's Form 10-K and Form 10-Q's as filed with the Securities and Exchange Commission.
For more information contact Verity at email@example.com or at the World Wide Web site http://www.verity.com/ or by calling 408-541-1500
Note to Editors: Verity, the Verity logo and Verity Developer Kit and Verity Topics are registered trademarks or trademarks of Verity, Inc. All other trademarks are the property of their respective owners.
CONTACT: Verity, Inc. Nancy Tatum, 408/542-2224 firstname.lastname@example.org