AIIM 2001 Features Keynote Address By Open Text CEO Tom Jenkins

Open Text to host Analyst Day During AIIM 2001 Conference and Exposition

Waterloo, ON - 2001-04-23 - Open Text Corporation (Nasdaq: OTEX, TSE: OTC), a worldwide leader in collaborative commerce software for e-business, today announced that Tom Jenkins, Open Text s CEO, will deliver a keynote address at the AIIM 2001 Conference, to be held in the Jacob Javits Convention Center on Wednesday, May 2nd, at 9am. The annual AIIM Conference and Exposition attracts approximately 35,000 attendees interested in buying information management products.

Entitled The Evolution of Collaborative Commerce: Trends, Issues and Solutions, Mr. Jenkins presentation will focus on current technologies and new capabilities. He will describe a future vision of one-click collaboration; links with wireless devices, such as mobile phones and PDAs (Personal Digital Assistants); as well as prototypes of collaborative applications for WAP (Wireless Application Protocol).

To support the AIIM Conference theme, Enterprise Content Management: Business Magic for the Bottom Line, Open Text will showcase Livelink® 9, the latest release of its innovative flagship product and complementary technologies, at the Open Text booth #2737. Open Text provides collaborative commerce solutions for e-business that enable users to extend and build CRM, SCM and ERP applications allowing them to work together, within and across organizations. Conference attendees have the opportunity to join Open Text at its booth for a comprehensive look at the Company s and its partners product lines, and to discuss the Open Text business strategy as it is mapped out for the future.

The AIIM Conference will also feature an in-depth presentation by Anik Ganguly, Executive Vice President of Products for Open Text, on Thursday, May 3, 2001 from 12:00 noon to 1:00 pm. During his presentation, Collaborative Commerce in Practice: Where is the payoff? , Mr. Ganguly will examine the substantial benefits of utilizing technology to manage pre-transactional and post-transactional interaction between employees, customers, partners, suppliers, distributors, etc.

During the AIIM 2001 Conference, Open Text will host an Analyst Day on May 2, 2001. Open Text s Analyst Day will feature detailed briefings by senior executives, providing the opportunity for in-depth analysis and data gathering by focusing specifically on Open Text s corporate strategy, success and future goals.

Open Text will record the Analyst Day speaker presentations and archive the audio with their accompanying Microsoft PowerPoint slides. These presentations will then be available in the Investor Events section of Open Text s Website, at http://www.opentext.com/investor/investor_events/index.html.

About AIIM 2001 Exposition

AIIM brings together the community of more than 35,000 users and suppliers of the systems and solutions that create, capture, customize, deliver and manage content to support enterprise-wide business processes. This community purchases $25.5 billion in information management products. To register online for AIIM 2001, please visit www.aiim2001.com/registration.html for a free 3-day pass to exhibits and keynote presentations. Attendees will be responsible for their own accommodations and travel arrangements. The Southgate Tower Hotel, (212) 563-1800, is recommended for its proximity to the Conference location.

About Livelink

Livelink is a highly scalable 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. For more information, visit www.opentext.com/livelink/

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) 2001 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 quarters ended September 30, 2000 and December 31, 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

Margaret E. Dobbin
Director, Industry Analyst Relations
Open Text Corporation
+1-519-888-7111 ext.2410
mdobbin@opentext.com