News January 27, 22:56 Eastern Time
JAN 27, 1999, M2 Communications - Verity to Enable Seamless Web Publishing and Document Conversion from Within WordPerfect Office 2000 Professional Product, Code-Named NetDocs Verity, Inc. (Nasdaq: VRTY), and Corel Corporation (Nasdaq: COSFF), an internationally recognised developer of award-winning graphics and business productivity applications, today announced an OEM agreement involving Verity's HTML Export technology. Corel is embedding Verity HTML Export in its new, innovative knowledge publishing application, code-named NetDocs, which will be included in part of Corel's upcoming version of WordPerfect Office 2000 Professional.
An application in the WordPerfect Office 2000 Professional product, code-named NetDocs, Verity HTML Export is designed to provide high fidelity conversion of business documents into HTML for easy Web publishing. Verity HTML Export allows an organisation to publish. and view documents from a standard Web browser by instantly regenerating files into HTML directly from their native formats, without requiring an HTML editor or the original application that created them. It is designed to enable Corel users to conveniently convert documents to HTML from within the application's "save as" feature.
Verity HTML Export preserves document characteristics such as tables, graphics, headers and footers, font attributes, segments documents, spreadsheets and presentations into multiple-linked Web pages with
navigational links. Today, Verity HTML Export supports all of the major word processing spreadsheet and presentation files from each of the popular office applications, including Corel WordPerfect
"We are very excited about the Verity relationship because it allows us to bring the best HTML conversion technology into our product line," said Derek Burney, Corel's executive vice president of engineering. "We chose Verity because it had terrific technology that could deliver the high-quality solution our customers demanded."
"With its advanced features, Verity HTML Export is designed to make it easy for Corel users to publish documents quickly and easily into HTML from within the application they are using," said Rob Miller, general
manager of Verity's KeyView Business Unit. "We are pleased to be working with Corel to bring our well-developed HTML capabilities into its new WordPerfect Office 2000 product."
About Corel Corporation
Corel Corporation is an internationally recognised developer of award-winning graphics and business productivity applications. Development of market-leading products such as the CorelDRAW line of graphics applications and the Corel WordPerfect@ Suite of business tools is continually evolving to meet the demands of the corporate,
retail and academic markets. Committed to value. compatibility choice and open standards, Corel develops products for the Windows@, Macintosh@, UNIX, Linux and Java platforms. Corel's common stock trades on the NASDAQ stock market under the symbol COSFF and on the Toronto Stock Exchange under the symbol COS.
For more information visit Corel's Web site at www.corel.com.
About Verity
Verity is a leading provider of enterprise knowledge retrieval solutions for corporate intranets, online publishers, e-commerce vendors and market-leading OEMs and ISVs. Verity's product suite enables organisations to turn corporate intranets into a powerful knowledge base by creating corporate portals, making business information accessible and reusable across the enterprise. Verity's leadership has been recognised by numerous organisations 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, personalised information dissemination, and hybrid online and CD publishing - all from the same underlying Verity collection. Verity's KeyView products also enable viewing of source documents stored in more than 225 formats.
Verity's products are used by more than 1,000 corporations, government agencies, e-commerce sites, on-line service providers, Internet publishers and software developers worldwide. Verity alliances include Adobe Systems, AT&T, CNET, Cisco, Compaq, Dow Jones, Ernst & Young, Financial Times, IBM, MD Consult, NewsEdge Corporation, Informix, Lotus, NEC, Netscape Communications, SAP, Siemens Nixdorf, Sybase,
Tandem and Time Warner's Pathfinder.
This press release contains forward-looking statements relating to Verity and the expected performance of its Verity HTML Export product as well as integration of its Verity HTML Export product into a third party product that is still under development. Other risks related to Verity and its products are as set forth in its Form 10-K and Form 10Qs as filed with the Securities and Exchange Commission.
Verity, the Verity logo and Verity are registered trademarks or trademarks of Verity, Inc. Corel WordPerfect, CorelDRAW, PHOTO-PAINT and the Go Further logo are trademarks or registered trademarks of Corel
Corporation or Corel Corporation Limited. Linux is a registered trademark of Linus Torvalds. UNIX is a registered
trademark of The Open Group. All other trademarks are the property of their respective owners.
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