Open Text Announces the Availability of NewsWire; WAVO and Morningstar Introduce a New Add-on Feature for Livelink Customers

Waterloo, ON - 2000-11-20 - Open Text™ Corporation (Nasdaq:OTEX)(TSE:OTC), a worldwide leader of collaborative commerce software for e-business, today announced the availability of NewsWire, a new add-on feature designed specifically for Livelink®, Open Text's Web-based intranet and extranet e-business platform. The result of an alliance between Morningstar Systems Inc. and WAVO Corporation, NewsWire integrates Livelink with WAVO's MediaXpress. A leading provider of digital media for Web servers worldwide, WAVO's MediaXpress content includes information from such leading media providers as Dow Jones, Reuters, Associated Press, Business Wire, PR Newswire, Comtex, United Press International, Knight Ridder/Tribune, Ziff Davis, IDG, CMP and hundreds more. MediaXpress provides the foundation for the NewsWire Livelink Media Module.

"NewsWire delivers complete stories, up-to-the-minute news and sports scores, photos, weather maps and more," said Michael Coffin, President and Chief Executive Officer of WAVO Corporation. "By integrating Livelink with MediaXpress, targeted content is delivered immediately into Livelink's Web-based repository, ensuring that users have the right information at the earliest available moment."

Livelink customers who subscribe to WAVO's XML-based MediaXpress will now receive the NewsWire Module, allowing users to browse the comprehensive news archive, view individual news stories, copy stories to any location in Livelink, as well as search for stories from the daily news and from the news archives. NewsWire is a media source that enables Livelink customers to retrieve the most current news from any specified source.

"The ability to customize business critical information is becoming increasingly important in e-business," said Andrew Pery, Vice President of Global Marketing, Open Text. "The NewsWire interface allows administrators to predefine the news files that are imported into the Livelink repository. This `filtering system' provides users with only the information they need, in real time, and right to their desktops."

About Wavo

WAVO Corporation is in the business of moving media. As an industry leading Internet media delivery company, WAVO partners with the foremost providers of news, business data, consumer content and multimedia programming. WAVO provides value added content management and electronic commerce services to media providers utilizing the Internet to deliver quality content to an information dependent society. WAVO offers www.MediaXpress.com, the industry's leading solution for delivering streaming rich digital media to Web servers worldwide.

About Livelink

Livelink is a highly scaleable e-business application. Its richly-featured enterprise services include virtual team collaboration, business process automation, enterprise group scheduling and information retrieval services, all tightly integrated into a solution that is easily customized and extended. Livelink is essential to the effective management and development of communities of interest that span organizations and industries. For everything from the creation of complex e-community relationships to the automation of simple e-business processes, Livelink delivers true dynamic collaboration between individuals, organizations, and large trading communities. Livelink servers are fully Web-based and open-architected to ensure rapid deployment and easy access to its full functionality through a standard Web browser.

About Open Text

Open Text provides collaborative commerce solutions for e-business that enable users to extend and build CRM, SCM and ERP applications and allow them to work together within and across organizations. Open Text has pioneered the development of innovative intranet, extranet and e-business applications. Since creating one of the first search engines to index the World Wide Web, the Company has remained at the forefront of Internet-based technologies. Its solution family called Livelink enables individuals, teams, organizations, and global trading communities to collaborate on e-business applications that facilitate e-commerce and other transactions among Global 2000 organizations. For more information, visit www.opentext.com.

Trademark

Copyright© 2000 by Open Text Corporation. Livelink and Open Text are trademarks or registered trademarks of Open Text Corporation. This list is not exhaustive. Other product and company names herein may be trademarks of their respective owners.

Release Disclaimer

This news release may contain forward-looking statements relating to the deployment of Livelink by customers, and future performance of Open Text Corporation. Forward-looking statements are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include, among others, risks involved in the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the final prospectus for the Company's initial public offering of common stock in January 1996, Form 10-K for the years ended June 30, 1998, June 30,1999, and June 30, 2000. Forward-looking statements are based on management's beliefs and opinions at the time the statements are made,and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.

For more information, please contact

Greg Secord
VP, Investor Relations
Open Text Corporation
+1-519-888-7111 ext.2408
gsecord@opentext.com