Verity, Inc. announced it has filed a registration statement in connection with a proposed underwritten public offering of 1,775,000 shares of its Common Stock, plus an over-allotment option of 266,250 shares. 1,500,000 of the shares (plus the shares in the over-allotment option) are being offered by Verity in a new financing, and 275,000 of the shares are being offered by certain stockholders. SG Cowen Securities Corporation, Banc of America Securities LLC, Dain Rauscher Wessels, a division of Dain Rauscher Incorporated, and SoundView Technology Group, Inc. are the underwriters of the offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. www.verity.com
Category: Content technology news (Page 603 of 643)
Curated information technology news for content technology, computing, and digital experience professionals. News items are edited to remove hype, unhelpful jargon, iffy statements, and quotes, to create a short summary — mostly limited to 200 words — of the important facts with a link back to a useful source for more information. News items are published using the date of the original source here and in our weekly email newsletter.
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OASIS, the Organization for the Advancement of Structured Information Standards, announced the restructuring of its membership requirements, widely expanding access to its XML interoperability technical work. The non-profit consortium, which was previously open only to companies who use or provide products or services based on structured information standards such as XML, SGML and CGM, added new membership categories for individuals and associate XML industry groups. Interested parties may apply for membership online at www.oasis-open.org. OASIS membership levels now include Sponsors, Contributors, Individuals and Associates. Organizations participate in OASIS as either Sponsors or Contributors, based on the level of benefits they wish to receive. Sponsors, who take advantage of comprehensive technical and marketing benefits, support the consortium for 9500 USD annually. Contributors, who also benefit from OASIS marketing and technical work, pay 5000 USD (companies with ten or more employees) or 2500 USD (companies with fewer than ten employees). The new Individual Membership, at 250 USD per year, is offered to those who wish to participate in OASIS technical activities. Like all members, Individuals have the right to attend all OASIS general meetings, and they can fully participate in all working groups. At this level, membership is on an individual basis and is not transferable to other individuals. OASIS supports the development of XML specifications by offering an Associate Membership to individuals representing application or industry standards bodies. Associates, who pay 250 USD annually, are individuals appointed by an industry consortium or standards body (recognized as such by the OASIS Board of Directors) to represent the interests of that body in OASIS. Representatives enjoy the same rights and level of service as Individuals; the difference is that representation is transferable between individuals if the designated contact person for the represented organization gives notice. This allows continuity of participation by an organization even when it is necessary to change designated representatives. www.oasis-open.org
Webb Interactive Services, Inc. announced a technology partnership with Switchboard, Inc., focused on bringing Webb’s XML-based community publishing and commerce platform to Switchboard’s network of merchants, users and distribution partners. Switchboard, Inc., a majority-held subsidiary of Banyan Worldwide is a leading Internet directory that represents thousands of merchants nationwide. Webb’s XML-based Internet publishing and advertising platform will strengthen online business/consumer interaction in areas such as offer management and comparison-shopping. This will allow consumers to easily find merchants who best fit their needs, and merchants will be able to interact with targeted consumers more effectively. Switchboard will integrate Webb’s technology into its merchant services on Switchboard.com and through its distribution network. No financial terms of the partnership were disclosed. The partnership with Switchboard is the first deployment of Webb’s e-commerce platform using XML. www.webb.net
Interleaf announced the establishment of “the e-content company. ” Recognized as a separate business segment, the e-content company is dedicated to the development of XML-based content management solutions for e-business applications. The e-content company develops and delivers BladeRunner, the division’s solution that provides end-to-end content management solution for e-business applications. BladeRunner enables companies to create, manage, and publish e-content – targeted, timely, personalized, intelligent business information – for web-enabled applications using XML as its technology backbone and Microsoft Word for content creation. Companies are able to apply intelligence, structure and style to their business information, generate output in a variety of formats, and dynamically integrate that information with other electronic and business processes in support of their e-business initiatives. BladeRunner enables organizations to leverage information content and facilitate business transactions through the information chain, connecting companies with their customers, suppliers and distributors. In addition to the establishment of the new business segment, the e-content company will launch their own website, www.xmlecontent.com when it goes live on July 12, 1999. www.interleaf.com
OASIS announced that in response to recent announcements including the XML.org industry portal, record numbers of XML users and vendors have joined OASIS, the Organization for the Advancement of Structured Information Standards. In this, its sixth year since being founded as SGML Open, OASIS has seen membership increase 300 percent. New OASIS Sponsor members include Documentum, Interwoven, Microsoft, Object Design, Reuters, and Wavo. IBM, NIST and Synthbank have upgraded their previous membership to Sponsor-level status. Also joining OASIS as Contributor members are Bluestone Software, CourseNet Systems, Extensibility, GE Information Services, Hynet, iMediation, Novell, ProcureNet and Sequoia Software. www.oasis-open.org
Intergraph Corporation announced its Spatially Enabled Document Management System (SEDMS), a new solution combining geographic information systems (GIS) and document management technology with products from Intergraph, SpatialENTERPRISE and FileNET. These companies have merged their technologies to create a geographically oriented document management solution. Now available, SEDMS is web-enabled allowing a variety of users, such as government and transportation professionals, to quickly and easily access business-critical information on the enterprise network, from an intranet or the Internet. SEDMS is comprised of GeoMedia, Panagon Document Services, and SpatialENTERPRISE. Intergraph’s GeoMedia combines seamless data integration with all major GIS vendor formats and an open development platform for creating custom applications. FileNET’s Panagon Document Services information repository enables document management and can view over 200 file types, offering flexibility and reliability. The SpatialENTERPRISE solution links GeoMedia and Panagon Document Services into an integrated environment. With this new SEDMS solution, document access and map displays can all be conducted from a single window. For example, parcels of land can be associated not only with the usual attributes such as area, valuation and owner name, but also with documents such as permit applications, building photographs and crime statistics. Likewise, bridges can be linked to traditional data such as bridge rating, height and width, and also with information such as inspection reports, design drawings and video logs. www.intergraph.com
OASIS, the Organization for the Advancement of Structured Information Standards, announced it has received financial commitment from industry for XML.org, the global XML industry portal. IBM, Oracle, SAP and Sun Microsystems have all agreed to support XML.org as Founding Partners, and Commerce One, DataChannel, Documentum, the Graphic Communications Association (GCA) and SoftQuad have demonstrated their support as XML.org Founding Affiliates. XML.org Partners (companies with revenues in excess of $250M US) are expected to contribute 100,000 USD and Affiliates (companies with revenues under $250M US) to provide 25,000 USD annually to fund the industry portal. Initially, the XML.org Steering Committee will be led by these founding organizations, although other companies are welcome to participate in the future by becoming Partners or Affiliates. XML.org ( http://xml.org) is the OASIS XML industry portal that provides accurate, timely information about the application of XML in industrial and commercial settings. XML.org serves as a reference repository for specific XML standards such as vocabularies, DTDs, schemas, and namespaces. www.oasis-open.org
Merrill Corporation announced the launch of Merrill EDGAR Advantage, a service to help clients migrate to the Securities Exchange Commission’s (SEC’s) new HTML and PDF formats for electronic filing. Merrill EDGAR Advantage also continues to offer clients a direct line to the SEC at the highest speed the SEC allows, ensuring that clients are always able to get a connection at peak filing times. To better serve clients, Merrill EDGAR Advantage has launched a new EDGAR resource Web site that includes news and information relative to EDGAR filings. www.edgaradvantage.com
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