Restrac Selects Verity to Power Its Enterprise and Web-Based Recruiting Solutions; Restrac Integrates Verity TOPICS Throughout Its Recruiting Software Applications

Business Wire, Oct 5, 1998

SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 5, 1998--Verity, Inc. (Nasdaq:VRTY), a leading provider of knowledge retrieval solutions for the erity's TOPICS architecture for resume search andg architecture allow Restrac to provide recruite, and delivers an extensive set of skill concepts to customers. TOPICS automatically maps a user's concept-based query to all related skills evidence, irrespective of the actual search terms used by the recruiter or hiring manager, or the variety of ways that job candidates describe their own background in their resumes, and returns a ranked list of candidates.

Verity's advanced, "fuzzy search" capabilities make it possible for hiring managers to obtain more precise and comparable results on such criteria as skills, job titles and technical experience, as opposed to simple word searching.

"Over the years, Restrac has evaluated products from a variety of search and retrieval providers," said Ray Desrochers, Vice President of Development at Restrac. "Verity offers a superior solution that provides both the advanced search capabilities of Verity TOPICS, and the development environment that allows us to package the resume search and retrieval capabilities our users require into our new Web-based recruiting solutions."

Restrac Offers Internet and Intranet Resume Searching with Verity

Restrac brings the recruiting process to the Internet and the corporate intranet. Restrac Hire for Intranet delivers Restrac's leading automated recruiting solution to the corporate intranet, adding unprecedented ease of deployment and maintenance, low overall cost of ownership and breakthrough Internet recruiting features. In every candidate search, Restrac products evaluate every word within every resume against the skills that the recruiter is seeking for a specific opening.

Applicant information enters the system in a number of ways. Resumes can be scanned, faxed, emailed via the Internet into the system or input directly from the corporate Web site. The resumes are indexed and searched by TOPICS using a Query Wizard offering step-by-step, push button assistance through the query-creation process.

Search results then appear in an easy-to-understand, relevance-ranked list with key information highlighted for fast, easy recognition. The industry's only recruiting solution designed specifically for corporate intranets, Hire for Intranet allows recruiters to create and manage new job requisitions and track applicants for open jobs.

The WebHire Network is the only solution giving HR professionals desktop access to a broad range of Internet resources to post jobs, search resumes and manage other recruiting activities. More than 100 leading job-posting sites, resume pools and other key recruiting services have signed on to be part of the WebHire Network, making it the industry's most comprehensive solution. Restrac customers use Verity technology to search third party resume collections available on the Internet.

Restrac WebHire is a unique, browser-based recruiting solution designed to meet the needs of rapidly growing organizations by combining WebHire Network access with quality management and resume processing in a unique outsourced service delivered over the Internet. Recruiters use Restrac's powerful concept-based searching to narrow the database of applicants to those with the most relevant skills and experience.

"Verity's knowledge-based indexing and retrieval offer an unequaled combination of high-speed performance with 'fuzzy' concept-based search which makes it ideal for applications like Restrac's where thousands of different documents must be searched quickly and accurately," said Anthony Bettencourt, Senior Vice President of Worldwide Sales and Marketing for Verity, Inc. "We are pleased to have been selected by Restrac to power its innovative enterprise and Web-based recruiting solutions."

About Restrac, Inc.

Restrac is the leading provider of networked recruiting solutions including the WebHire Network, an open connection to an array of Internet recruiting services. The WebHire Network creates a single connection between recruiters and an expanding neting, searchable pools of resumes and other essting solution offering requisition tracking, candidate management and resume processing over the Internet, b77/RESTRAC.

About Verity

Verity is a leading provider of enterprise knowledge retrieval solutions anets into a powerful knowledge base, making busan 1,000 corporations, government agencies, 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, NewsEDGE Corporation, Informix, Lotus, NEC, Netscape Communications, SAP, SCO, Siemens Nixdorf, Sybase, Tandem and Time Warner's Pathfinder. For more information, contact Verity at info@verity.com or at World Wide Web site http://www.verity.com/ or by calling 408/541-1500.

Note to Editors: Restrac is a registered trademark, Hire is a trademark, and WebHire is a service mark of Restrac, Inc. Verity, the Verity logo and Verity Information Server are registered trademarks or trademarks of Verity, Inc. All other trademarks are the property of their respective owners.