| Business Summary | | Verity,
Inc.
is
engaged
in
powering
business
portals.
These
include
corporate
portals
used
for
sharing
information
within
an
enterprise,
e-commerce
portals
for
online
selling,
and
market
exchange
portals
for
Business-to-Business
activities.
Business
portals
provide
personalized
information
to
employees,
partners,
customers
and
suppliers.
The
Company's
product
suite
enables
organizations
to
turn
corporate
intranets
and
extranets
into
a
powerful
knowledge
base
or
corporate
portal,
making
business
information
accessible
and
reusable
across
the
enterprise. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Verity
Inc.
develops,
markets
and
supports
knowledge
retrieval
software
products
for
corporate
internet
and
extranets,
online
publishers
and
e-commerce
providers,
OEMs
and
independent
software
vendors.
For
the
fiscal
year
ended
5/31/01,
revenues
rose
51%
to
$145.0
million.
Net
income
rose
2%
to
$33.8
million.
Results
reflect
increased
sales
from
the
Company's
portal
solutions
and
enterprise
application
businesses,
partially
offset
by
increased
staffing
and
personnel
related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gary Sbona, 57 Chairman,
CEO | $63K | $9.2M | Anthony Bettencourt, III, 39 Pres,
Director | 421K | 3.0M | Todd Yamami, 33 CFO,
VP | 154K | 1.5M | Stephen Young, 51 COO | -- | -- | Ashok Chandra, 51 Sr.
VP of Devel. and New Bus. Activities | -- | -- | Dollar
amounts are as of 31-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|