Jack Welch Joins Great Minds At Livelinkup Europe 2002

Former Chairman & CEO of General Electric to Keynote Open Text's User Conference

Paris, France - 2002-02-21 - Open Text Corporation (Nasdaq: OTEX, TSE: OTC) today announced that Open Text's upcoming user conference to be held here in Paris, France from April 14 17, 2002 will feature Jack Welch as a keynote speaker. One of the most admired CEOs of our time, Jack Welch is also one of the biggest proponents for leveraging knowledge and innovation within a "boundaryless" organization.

"I look forward to participating in LiveLinkUp Europe 2002 in Paris on April 16, 2002," said Jack Welch. The open discussion format and wide range of topics will be thought-provoking and very useful to conference attendees."

General Electric was one of the first innovators to adopt Livelink® to manage intellectual capital over the Internet. Jack Welch will participate in an interactive question & answer session at Open Text's user conference, LiveLinkUp Europe, to present his thoughts on managing intellectual capital, the high-tech revolution, globalizing the organization, and "boundaryless" sharing of ideas. His dynamic presence promises to generate valuable insights into new ways to expand an organization's market, supplier and customer bases using collaborative knowledge management solutions.

"Jack Welch's thought leadership in e-business has been well documented and widely publicized," said Tom Jenkins, CEO of Open Text. "His success at GE demonstrates that a collaborative corporate culture has tremendous potential for taking organizations to ground-breaking levels of innovation and success on a global scale."

Jack Welch
Mr. Welch, a native of Salem, Massachusetts, served as Chairman and Chief Executive Officer of General Electric from 1981-2001.

In 1960, Mr. Welch joined GE as a chemical engineer for its Plastics division in Pittsfield, Massachusetts. He was elected the company's youngest Vice President in 1972 and was named Vice Chairman in 1979. In December 1980 it was announced that he would succeed Reginald H. Jones and in April 1981 he became the eighth Chairman and CEO in the Company's 121-year history. Mr. Welch retired as Chairman and CEO of General Electric in September 2001.

In September 2001, Mr. Welch published his autobiography, JACK: Straight From The Gut. The book quickly jumped to the #1 spot on bestseller lists from The New York Times, The Wall Street Journal, Amazon.com, USA Today and the Association of Independent Booksellers.

Mr. Welch currently serves as a consultant to a small group of Fortune 500 business CEOs.

For more information on the LiveLinkUp Europe 2002 conference and other keynotes, please visit www.opentext.com/livelinkup/.

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 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 quarters ended September 30, 2001 and December 31, 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

Valerie Pinon
Manager, Communications
Open Text Corporation
33 147 96 54 69
vpinon@opentext.com

Tjerk Suurenbroek
Marketing Manager
Open Text Corporation
31 23 565 23 33
tsuurenb@opentext.com

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

Jill Wilkin
Marketing Director, Northern Europe
Open Text UK Ltd.
(00 44) 01494 679700
jwilkin@opentext.co.uk