Siemens Business Services and Open Text Announce Premier Alliance to Kick-Start Knowledge Management in Asia Pacific

Partnership to Provide Customers Comprehensive Collaboration and KM Solutions

Singapore - 2002-07-15 - At the Knowledge Management Asia 2002 conference, Siemens Business Services, a fully owned subsidiary of Siemens AG (NYSE: SI), and Open Text Corporation, (Nasdaq: OTEX, TSX: OTC), provider of Livelink®, the leading collaboration and knowledge management software for the global enterprise, today announced an Asia Pacific-wide alliance.

Committed to the competitive value of collaboration and knowledge management, Siemens and Open Text have agreed to partner on a regional scale for the benefit of mutual clients. Under the partnership agreement, Siemens and Open Text will extend their market reach by including Livelink as the preferred knowledge management offering in the Siemens Business Services Global Portfolio of products. Open Text will operate as a Siemens premier partner, providing Livelink and Livelink-based collaborative applications; Siemens will also operate as an Open Text Affinity Partner in Asia Pacific, providing fully complementary collaboration and knowledge management solutions across the entire consult-design-build-operate-maintain service value chain.

Siemens Business Services is one of the world's leading providers of IT infrastructure solutions and services. Having achieved many successful deployments of Livelink within the company itself, Siemens has developed a wealth of experience in integrating Livelink, and other complementary technologies. It understands fully what it takes to create a valuable KM framework, strategy and roadmap, in a very complex environment, and how to ensure that such investments yield returns for the company.

"Siemens is uniquely qualified to provide Livelink consulting, integration, service and support," said John Shackleton, President of Open Text. "Forming the foundation for this premier alliance, Siemens has consistently demonstrated its competency and expertise by applying Livelink as a global enterprise solution for collaboration and knowledge management both within Siemens* and for external clients."

"Livelink is more than another product we've added to our portfolio. It is a tried-and-tested solution Siemens relies on internally as the backbone of our knowledge management strategy for more than 80,000 users," said Werner Marx-Aurnhammer, Vice President, Solution Business MNC Programs, Siemens Business Services. "Our success in the KM area has been duly recognized in the annual assessment made by the heads of the Fortune Global 500 companies and KM experts around the world**. We know very well the essence of KM, and we are committed to sharing this with our clients in Asia Pacific."

* IDC recently published a study describing Siemens' new initiative called The Nexus Project, an integration of Open Text's Livelink with SAP R/3®. The IDC case study can be found at www.opentext.com/siemens/.

** Since 1998, Siemens has been awarded in four consecutive years 'The Best German Enterprise' in the 'Most Admired Knowledge Enterprise (MAKE)' conference by leading experts and enterprises. In 2001, it ranked Number 1 in Germany, Number 2 in Europe and Number 7 from amongst the top 100 Enterprises in Knowledge Management worldwide. APQX, the American Organization has awarded Siemens a similar accolade several times. For more info, please refer to 2002 Global MAKE Report.

About Livelink

Livelink is the leader in collaboration and knowledge management for the global enterprise. 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 Business Services

Siemens Business Services is one of the world's leading service providers in the area of electronic and mobile business. With its comprehensive expertise and specific sector knowledge, Siemens Business Services offers solutions and services from a single source - from consulting through system integration to responsibility for customers' entire business processes and management of IT infrastructures. In fiscal 2001 (September 30, 2001), Siemens Business Services achieved sales of EUR 6.0 billion. The company has 34,600 employees worldwide. For further information about this Siemens group, please visit our home page:
http://www.sbs.siemens.com.sg

About Open Text

Since 1991, Open Text Corporation has delivered innovative software that brings people together to share knowledge, achieve excellence, deliver innovation, and enhance processes. Its legacy of innovation began with the successful deployment of the world s first search engine technology for the Internet. Today, as the leading global supplier of collaboration and knowledge management software for the enterprise, Open Text supports six million seats across 4,500 corporations in 31 countries and 12 languages throughout the world. As a publicly traded company, Open Text manages and maximizes its resources and relationships to ensure the success of great minds working together. 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 in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other 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, December 31, 2001 and March 31, 2002. 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

Jasmine Ee
Strategic Minds Marketing Communications
Siemens Business Services
65-6832 5608
65-6832 5607
jee@strategicmindsap.com

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