With more than sixteen years of experience in high-tech sales, Bettencourt will be responsible for managing all of Verity's global sales activities. Bettencourt was previously Verity's Vice President of Worldwide Sales and is now returning to the company, which he left in November 1996. We are very pleased to welcome Anthony back to Verity, and view his return as an important strategic step in Verity's business growth.
Verity is the leader in the search and retrieval industry.
With our excellent technology and products, together with a world-class customer base, I believe we have a very bright future. Technologies, where he developed the company's distribution strategy, sales force and channel programs. These helped carve Verity's early niche in the search and retrieval marketplace. Bettencourt was a member of the management team which was directly responsible for Verity's highly successful initial public offering. Prior to Verity, he held the position of vice president of sales with Vesant Object Technology, from 1990 to 1995.