Siemens Selects Open Text's Livelink for Global Collaborative Knowledge Management

Waterloo, ON - 2002-02-06 - Open Text Corporation (Nasdaq: OTEX, TSE: OTC), a worldwide leader in delivering collaborative knowledge management (CKM) solutions, today announced it has been selected by Siemens AG (NYSE: SI) to provide its global collaborative knowledge management foundation. Following a rigorous and several months long competitive review, Siemens picked Open Text's Livelink® as the technological basis to help its employees worldwide more effectively collaborate and share information in order to achieve greater efficiencies and productivity.

"Livelink is a key element in Siemens knowledge management strategy," said Guenther Klementz, Siemens' Corporate Knowledge Officer. "As a global company with employees all over the world, it is critical to provide our teams with tools for virtual collaboration and knowledge sharing across geographic and organizational boundaries. Livelink will serve as the backbone of the company-wide Siemens ShareNet and complementary divisional solutions, delivering these capabilities and supporting our ability to work faster, smarter and more efficiently."

Open Text's selection as Siemens' basic knowledge management provider reflects its ability to meet the stringent requirements of one of the world leaders in knowledge management and e-business strategy. Ultimately, Siemens selected Open Text based on Livelink's collaborative features and functionality as an integrated knowledge management platform, as well as its proven leadership as one of the world's most widely deployed collaborative knowledge management solutions.

"Siemens is a well-known pioneer in the adoption of sophisticated knowledge management strategies that help businesses gain a competitive advantage. A customer and supporter of Livelink from the start, we're particularly gratified that Siemens selected Livelink as its global knowledge management platform after a series of demanding evaluations," said Tom Jenkins, Chief Executive Officer, Open Text. "Expanding the deployment of Livelink provides a key opportunity to apply a consistent collaborative environment throughout the Siemens enterprise, regulating and standardizing processes for more efficient business exchanges."

About Livelink

Livelink is a highly scalable collaborative knowledge management (CKM)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 Siemens

Siemens (Berlin and Munich) is a global powerhouse in electrical engineering and electronics. The company has more than 450,000 employees working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of services for individual requirements. Siemens provides innovative technologies and comprehensive know-how to benefit customers in more than 190 countries. Founded more than 150 years ago, the company is active in the areas of Information and Communications, Automation and Control, Power, Transportation, Medical, and Lighting. In fiscal 2001 (ended September 30), Siemens had sales of 87 billion (U.S. GAAP) and net income of 2.088 billion (U.S. GAAP). Further information is available on the Internet at: http://www.siemens.de

About Open Text

Open Text provides collaborative knowledge management (CKM) 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 © 2002 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, June 30, 2000, and June 30, 2001, and Form 10-Q for the quarter ended September 30, 2001. 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

Lisa Dekker
Public Relations
Open Text Corporation
1+519-888-7111 ext. 2473
519-888-0677
ldekker@opentext.com