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

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To: Todd Bagley who wrote (471)7/23/1997 12:00:00 PM
From: kech   of 1011
 
Interesting tidbit on VRTY today:
SUNNYVALE, Calif.--(BUSINESS WIRE)--July 23, 1997--Verity,
Incorporated (NASDAQ:VRTY), a leading provider of search and
retrieval technology for the enterprise and Internet/Intranet, today
announced an agreement with QUALCOMM Incorporated (NASDAQ:QCOM), a
world leader in wireless communications and advanced electronic
messaging solutions for the Internet, to bundle a limited version of
Verity's KeyView(TM) technology with the Eudora Productivity
Toolkit(TM) package.
The KeyView 5.1 Plug-in for Eudora will enable Eudora users to
view and print more than 25 popular file types directly from within
Eudora Pro v3.0.3 for Windows.
The Verity KeyView 5.1 Plug-In for Eudora allows users to easily
view and print attachments in the most popular file types. This
custom Eudora version of KeyView provides Eudora Pro e-mail users
with support for more than 25 file formats giving them a
high-fidelity view of word processing, spreadsheets, graphics and
HTML documents. Users will be able to view attachments directly from
within Eudora Pro software by double-clicking on the mail attachment.
Verity is providing an upgrade path to Eudora Pro e-mail users by
offering the full versions of KeyView and KeyView Pro as extensions
to the Plug-in bundled with the Toolkit. KeyView and KeyView Pro are
leading utilities that allow Windows users to view, convert, compress
and secure up to 200 types of files whether encountered on the
Internet, corporate intranets, received as e-mail attachments or
found on a hard drive or network.
KeyView can be used as a stand-alone application, integrated with
your e-mail or groupware application, or act as a plug-in to your web
browsers.
"Reflecting QUALCOMM's continuing commitment to provide our
millions of customers with market leading, robust and easy-to-use
tools for electronic communications, we have partnered with
best-of-class solutions to e-mails key hurdles," said Jeff Jacobs,
vice president and general manager of QUALCOMM's Eudora division.
"Placing our customers' needs and preferences above all else has
made the Eudora family of software products the world leader in
Internet e-mail. Partnering with industry leaders like Verity
ensures that we maintain our market and technology leadership."
"We are excited that QUALCOMM has selected KeyView to address one
of the biggest needs of its users," said Robert M. Miller, vice
president and general manager for Verity Canada, Ltd. KeyView
Business Unit.
"The integration of KeyView's technology means that, in addition
to Eudoras other e-mail capabilities, e-mail recipients will have the
ability to view and print e-mail attachments even if they do not have
the original application that created them."

Pricing and Availability

Upon the commercial availability of the Eudora Productivity
Toolkit package, Verity will be offering an upgrade for Eudora Pro
software users at a single user U.S. list price of $39 for KeyView
Pro 5.1 and $29 for KeyView 5.1 without PGP encryption. Both KeyView
Pro 5.1 and KeyView 5.1 are available on CD-ROM in both 32-bit and
16-bit versions for all current Windows platforms.
KeyView is widely available through channel partners such as
Ingram Micro and Software Spectrum, and is a top seller on
Software.net. Corporate licenses of KeyView and KeyView Pro are
available directly from Verity. Upgrade information for Eudora
Productivity Toolkit software users, as well as a 30-day evaluation
copy of KeyView, can be obtained on Verity's KeyView web site at
keyview.com .

About Verity's SEARCH97 Product Suite

The SEARCH'97 product suite is an integrated knowledge management
solution for indexing, searching, retrieving, viewing, classifying
and disseminating information across the enterprise. Products
include the core enterprise information catalog, SEARCH'97
Information Server, and enterprise dissemination tools, IntelliServ
for Windows NT (which includes Information Server cataloging
functionality) and Agent Server for Unix.
Other SEARCH97 products include SEARCH97 Personal for Netscape
Navigator and Microsoft Internet Explorer, SEARCH'97 CD-Web
Publisher, SEARCH'97 Agent Server Toolkit, SEARCH'97 Developer's Kit,
SEARCH'97 Personal for Microsoft Exchange and SEARCH'97 Information
Server for Microsoft Exchange.
Verity is expanding the product line to include intelligent
search components designed to enhance query precision, enable the
visualization of information and expand information navigation
capabilities. Based on recent acquisitions of 64K Inc. and the
KeyView product line from FTP Software, Verity is also developing new
products designed to enable searching and navigation of large
relational databases efficiently from a web browser, as well as
extending its product suite to provide enhanced viewing and filtering
of documents within SEARCH97.

About QUALCOMM

Headquartered in San Diego, QUALCOMM develops, manufactures,
markets, licenses and operates advanced communications systems and
products based on its proprietary digital wireless technologies. In
addition to the Eudora family of software products, the Company's
primary product areas are the OmniTRACS(R) system (a geostationary
satellite-based, mobile communications system providing two-way data
and position reporting services), CDMA wireless communications
systems and products and, in conjunction with others, the development
of the Globalstar(TM) low-earth-orbit (LEO) satellite communications
system.
Other Company products include ASIC products and communications
equipment and systems for government and commercial customers
worldwide. For more information on QUALCOMM products and
technologies, please visit the Company's web site at
<http://www.qualcomm.com/> .

About Verity

Verity, Inc. was founded in April 1988 and is headquartered in
Sunnyvale, Calif. Verity develops and markets software tools and
applications for searching, retrieving, viewing and filtering
information across the Internet, the enterprise and CD-ROM. 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, Individual Inc., Informix,
NEC, Lotus Development Corp., Netscape Communications, PC DOCS, SAP,
SCO, Siemens Nixdorf, Sybase, Tandem and Times Mirror Pathfinder.
This document contains forward-looking statements relating to
Verity's KeyView and SEARCH97 current products and products under
development, including the expected features and performance and
estimated dates of commercial availability. The successful
development and release dates for the SEARCH97 and KeyView products
are subject to potential delay and other risks inherent in software
development, and there is no assurance that the products will achieve
market acceptance.
Other risks associated with Verity's business are as set forth in
Verity's Form 10-K and Form 10-Qs as filed with the Securities and
Exchange Commission.
For more information contact Verity at info@verity.com or at the
World Wide Web site verity.com or keyview.com
and by calling 408/541-1500 or 403/213-8900

Note to editors: Verity, SEARCH97, IntelliServ and KeyView are
trademarks of Verity, Inc. in the United States and other countries.
All other trademarks are the property of their respective holders.
KeyView Pro with PGP security is only available in the United States
and Canada.
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