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Weekly News Digest

September 27, 2004 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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Verity Introduces New Integrated Extractor

Verity, Inc. ( announced the availability of its new Verity Extractor 1.0, software that identifies and extracts concepts, patterns, and entities in diverse enterprise content. Extractor has been built from the ground up to seamlessly integrate with Verity's flagship product, K2 Enterprise, a search, classification, and recommendation solution. Verity Extractor's ability to add structure to unstructured content means it can be stored in and managed by databases, thereby becoming usable by other enterprise applications. The most common information entities are ready to deploy right out of the box, and custom-built entities can be added.

The company says that Verity Extractor is a powerful tool in improving the accuracy of automated classification, making taxonomies easier to deploy. By using entities in addition to words and phrases, machine-learning algorithms are better able to match documents to categories.

Entities identified by Verity Extractor also can be used to enable Verity-faceted taxonomies, a capability that permits browsing through multiple taxonomies simultaneously, to locate the information intersection. Finding the relationships between the entities is made faster, more accurate, and valuable with Verity Extractor in such areas as insurance, risk management, or counter-terrorism analysis. The basic Verity Extractor package starts at $60,000.

Source: Verity, Inc.

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