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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST

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To: who wrote ()2/28/2000 8:19:00 AM
From: JanyBlueEyes  Read Replies (1) of 1011
 
HLM News - Deal With Verity

CareerEngine Teams With Verity to Help Streamline Process of Matching Employers and Job Seekers

NEW YORK--(BUSINESS WIRE)--Feb. 28, 2000--

Verity Solution Provides Precise Information Retrieval Across Leading Network of 23 Category-Specific Recruiting Sites

CareerEngine, Inc. (a subsidiary of Helmstar Group, Inc., AMEX: HLM), the leading network of category-specific career destination sites and Verity, Inc. (Nasdaq: VRTY), a leading provider of enterprise and Internet knowledge retrieval solutions, today announced they have joined efforts to create online tools for matching employers and job seekers faster and more effectively. With Verity Information Server, a robust knowledge retrieval solution, visitors to any one of CareerEngine's leading network of 23 category-specific recruiting sites gain faster access to information across CareerEngine's resume search, quick search and job function features.

"Our traffic has been doubling every month for the past six months and we expect Verity to make the information retrieval on all of our sites lightning fast," said Tom Ferrara, CEO of CareerEngine. "When you have a continuously increasing collection of information, like we do, it is important to have tools that can expand with you. With Verity, we have a solution that is able to meet our growing business needs over our many sites."


"Individuals and companies use CareerEngine because of its ability to provide precise information about employment opportunities, which is why having our advanced knowledge retrieval solution as a core component of its network is imperative," said Ronald Weissman, vice president, strategy and corporate marketing at Verity, Inc. "With Verity Information Server, we are delivering a powerful and comprehensive solution that will scale to meet CareerEngine's growing information needs."

About CareerEngine, Inc.

CareerEngine (http://www.careerengine.com) is the leading network of category specific career destination sites, including its flagship sites: ITClassifieds.com, SalesClassifieds.com and AccountingClassifieds.com. The company has also recently partnered with community oriented websites including Jewish.com and The Black World Today tbwt.com . CareerEngine job counselors and recruiters help prospective candidates define, locate and secure career opportunities and/or consulting assignments. The network's 23 individual sites are interactive "virtual communities" that offer a personal approach to online career search. Headquartered in New York City, CareerEngine offers e-recruiting services to Fortune 1000 companies. The company has distribution partnerships with leading recruiting firms, which sell the services of CareerEngine's sites. The company is a subsidiary of Helmstar Group, Inc., a publicly traded merchant bank with a 25-year history.

About Verity

Verity is a leading provider of knowledge retrieval solutions. Verity's product suite powers corporate portals, e-commerce sites, online publishing and media sites, customer care applications, and products from market-leading OEMs and ISVs. Verity solutions simplify the management and use of information by indexing, classifying, organizing, searching and retrieving data, as well as providing personalized information delivery and hybrid online and CD publishing. For more information, contact Verity at info@verity.com or at World Wide Web site verity.com or by calling 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.

Certain statements in this press release constitute "forward looking statements".......
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