Autonomy Announces Agreement With VERITAS
01 April 2004 - 10:00AM
PR Newswire (US)
Autonomy Announces Agreement With VERITAS VERITAS Embeds Autonomy's
Technology Within New Data Lifecycle Management Software SAN
FRANCISCO, April 1 /PRNewswire-FirstCall/ -- Autonomy Corporation
plc , a leading provider of infrastructure software for the
enterprise, today announced an OEM agreement with VERITAS, Inc. ,
the leading storage software provider. VERITAS Software has
embedded Autonomy's technology into the new VERITAS(TM) Data
Lifecycle Manager 5.0 software. VERITAS Software offers utility
computing solutions to address today's challenges in data-intensive
business environments for more than 99 percent of Fortune 500
companies. Announced earlier this week, the new VERITAS Data
Lifecycle Manager 5.0 extends data protection to address emerging
compliance and litigation requirements. Autonomy's advanced
pattern-recognition software enables VERITAS customers to perform
advanced concept-based retrieval on e-mails and attachments in more
than 300 formats, includingWord, Excel, PDF and HTML files. Based
on a conceptual understanding, rather than a simple key-word match,
Autonomy delivers highly relevant results. Because Autonomy's
technology recognizes patterns of words over time, it learns the
meanings of new word clusters or acronyms automatically. This is
particularly useful in e-mail, where people tend to write in a less
formal manner and may use slang or acronyms. "Autonomy enables our
customers to manage and organize their data throughout its life
cycle," said Bob Maness, senior director, product marketing,
VERITAS Software. "With Autonomy's embedded technology, our
customers can efficiently oversee, discover and retrieve relevant
information from large volumes of files and messages based on
natural language search and pattern matching." Eighty percent of
the data enterprises use and must be able to access for compliance
requirements is unstructured information, such as e-mails,
documents, presentations and brochures. With Autonomy's software,
the process of aggregating, categorizing and delivering
unstructured information to the right person is automatic. Autonomy
eliminates the need to have employees manually read through
thousands of e-mails or documents to find the information they
need. Autonomy's unique Intelligent Data Operating Layer (IDOL)
integrates unstructured, semi-structured and structured information
from multiple repositories through an understanding of their
content. Autonomy grants enterprises the flexibility to use
advanced information retrieval or legacy-based approaches. At the
heart of Autonomy's software is its ability to process text, voice
and video, and identify and rank the main concepts within them. It
then automatically categorizes, links, summarizes, personalizes and
delivers that information. Autonomy's technology also drives
collaboration across the enterprise and enables organizations to
effectively leverage expertise. Autonomy's infrastructure
technology is used to automate operations within enterprise
information portals, customer relationship management, knowledge
management, business intelligence and e-business applications,
among others. "Autonomy's infrastructure technology is used within
a variety of software applications, including portals, business
intelligence, customer relationship management, product life cycle
management, and now data protection and storage," said Stouffer
Egan, CEO of North American operations, Autonomy. "We are pleased
to further expand our OEM program with industry-leading storage
software provider, VERITAS, and to have our technology within their
new Data Lifecycle Manager software." About Autonomy Autonomy
Corporation plc is a global leader in infrastructure software for
the enterprise. Autonomy's technology powers applications dependent
upon unstructured information including call center, customer
relationship management, knowledge management, enterprise portals,
enterprise resource planning, online publishing and security
applications. In addition to Autonomy's core infrastructure
products, the Autonomy group of companies includes Aungate, a
leading supplier of electronic communications management for
regulatory compliance in the enterprise, Audentify, a leading
supplier of next-generation contact center technology and Virage, a
leading provider of rich media communication and content management
software. Autonomy's customer base includes more than 1000 global
companies including BAE Systems, Ford, Ericsson, Royal Sun
Alliance, Sun Microsystems and public sector agencies including the
U.S. Department of Defense, NASA and the U.S. Department of Energy.
Strategic reseller and OEM partners include leading companies such
as ATG, BEA, Business Objects, Brio, Citrix, Computer Associates,
EDS, IBM Global Services, iManage, Novell, Novient, Vignette and
Sybase. The company has offices worldwide. Caution Concerning
Forward-Looking Statements With the exception of historical
information, the matters set forth in this news release are
forward-looking statements that involve risks and uncertainties. A
number of important factors could cause actual results to differ
materially from those in the forward-looking statements. These
factors include, among others, technology risks, including
dependence on core technology; fluctuations in quarterly results;
dependence on new product development; rapid technological and
market change; reliance on sales by others; management of growth;
dependence on key personnel; rapid expansion; growth of the
Internet; financialrisk management; and future growth subject to
risks. These factors and other factors, which could cause actual
results to differ materially are also discussed in the company's
filings with the United States Securities and Exchange Commission,
includingAutonomy's Annual Report on Form 20-F and Registration
Statements on Form F-1. NOTE: VERITAS is a trademark or registered
trademark of VERITAS Software Corporation or its affiliates in the
U.S. and other countries. CONTACTS: Kris Marubio Kelly Shall
Autonomy Corporation plc Schwartz Communications, Inc. +1
415/243-9955 415/512-0770 Dominic Johnson Edward Bridges Autonomy
Corporation plc Financial Dynamics +44 (0) 1223 448 000 +44 207 831
3113 DATASOURCE: Autonomy Corporation plc CONTACT: Kris Marubio of
Autonomy Corporation plc, +1 415-243-9955, or ; or Kelly Shall of
Schwartz Communications, Inc., +1-415-512-0770, or , for Autonomy;
or Dominic Johnson of Autonomy Corporation plc, +44 (0) 1223 448
000, or ; or Edward Bridges of Financial Dynamics, +44 207 831
3113, or , for Autonomy Web site: http://www.autonomy.com/
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