Open Text Appears on Alexander Haig's World Business Review TV Series; Discusses Global Collaborative Commerce for E-Business

BOCA RATON, Fla - 2001-01-06 - Multimedia Productions (USA) is proud to announce the appearance of Andrew Pery, vice president, Global Marketing, Open Text Corporation, on World Business Review, the weekly television series focusing on business and technology. World Business Review is hosted by General Alexander Haig, former Secretary of State for President Reagan and former COO and president of United Technologies Corporation.

Open Text was selected to appear on the program for its technology's ability to facilitate innovation and collaboration both within and between organizations. "With Livelink®, the Company's flagship product, Open Text empowers companies to expand their market boundaries beyond the constraints of brick and mortar by allowing them to collaborate on a global scale with suppliers, partners and customers," said the show's coordinating producer, J.L. Haber, Esq.

A World Business Review field report, shot on-location in Livonia, Michigan, provides an inside look into the features of Open Text's Livelink product.

Mr. Pery appears on General Alexander Haig's World Business Review to discuss the opportunities and challenges facing executives in today's digital economy.

Also appearing on the show is industry expert Daniel T. Miklovic, Vice President, Collaborative Commerce, Gartner a technology industry analyst firm based in Boston, Mass.

"Over 4,000 organizations around the world use Open Text products to address major business challenges. Challenges include the need to collaborate on research and development, customer relationship management, regulatory compliance and supply chain management."

Open Text's mission is to help organizations leverage their most valuable assets people and knowledge," said Mr. Pery. "By integrating the creative processes of individuals across the entire supply and value chain, Livelink helps businesses improve not only their time to market, but the quality and scope of product development." Livelink helps organizations derive increased efficiencies in the product design process by providing collaborative capabilities, managing multiple layers of suppliers and streamlining business process automation. With Livelink, executives gain increased visibility over all of the information pertaining to their products, and with customer input along the way, achieve an enhanced probability of success.

Taped in Washington, D.C., World Business Review currently airs on PBS The Business & Technology Network, and in quality business slots in numerous Public Television markets, including New York, Chicago, San Francisco and Miami. The weekly series can also be viewed on TWA, United Airlines, via webcast on BTNNTV.com (Business & Technology News Network), or through video on demand via yahoo!broadcast (broadcast.yahoo.com) or www.AENTV.com.

World Business Review has been developed into curriculum for college and university-level courses, and is being used in a variety of business and technology courses within the School of Business libraries at Carnegie Mellon University, Dartmouth College, Duke University, DePaul University, Georgetown University, University of Florida, University of Notre Dame, City University of Hong Kong, among other distinguished institutions of higher education.

Individual videotapes or continuing education systems (via Indiana State University) are available by calling 1-800-WBR-1032 or by visiting www.wbrtv.com, which showcases featured topics and specific companies' technologies.

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 (C) 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, and Form 10-Q for the quarter ended September 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

Jeffrey M. Schuler
MultiMedia Productions USA
561/988-9449 x331
561/988-1097
jschuler@mmpusa.com

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