Open Text to Host Annual General Meeting Using MeetingZone
Executives to Highlight Strategic Initiatives and Corporate Direction
Waterloo, ON - 2002-12-10 - Open Text Corporation (Nasdaq: OTEX, TSX: OTC), provider of Livelink®, the leading collaboration and knowledge management software for the global enterprise, today announced its Annual General Meeting (AGM) will take place at the Toronto Stock Exchange (TSX) Conference Centre in Toronto, Ontario, on Thursday, December 12th from 10:00 am to 11:30 am. The AGM will be broadcast over the internet via Livelink MeetingZone , a real-time virtual meeting tool, which will provide a dynamic collaborative environment and Web-based access to the meeting. Investors are invited to participate in the meeting online through the use of MeetingZone.
Open Text's senior management team will present an overview of corporate successes over the past year, as well as highlight strategies for future growth and profitability. Scheduled speakers include Open Text's President, John Shackleton, Chief Executive Office, Tom Jenkins, and Chief Financial Officer, Alan Hoverd.
Demonstration of exciting new products, including Livelink® 9.1, MeetingZone 2.0 and FirstClass®, will be available in the foyer from 9:30 am to 10:00 am.
To view the AGM via MeetingZone, please email investors@opentext.com by 4pm ET on Wednesday December 11th to receive your user-name and password.
The AGM will also be available via teleconference. To listen live, please dial:
| Local: | 416-640-1907 |
| Toll-free: | 800-814-4859 |
A replay recording of the meeting will be available:
| From: | Thursday, December 12, 2002 2:00PM ET |
| To: | Thursday, December 26, 2002 11:59PM ET |
| Local: | 416-640-1917 |
| Toll-free: | 877-289-8525 |
| Passcode: | 223948# |
For more information on the AGM, please visit opentext.com/investor/investor_events/
About MeetingZone
In today's global environment, speed, efficiency, and agility are paramount. For organizations to be truly effective, people must collaborate in real time to make better decisions faster. Livelink MeetingZone is a real-time meeting tool designed to bring team members from multiple locations and time zones together in a virtual environment that is as good as being there. It provides the team with a structure to collaborate before, during, and after the meeting. Livelink MeetingZone integrates with Livelink®, the leading collaboration and knowledge management software for the global enterprise, leveraging Livelink s functionality to facilitate the exchange of ideas and automatically capture the information generated during a meeting in Livelink s repository thereby delivering lasting business benefits. For more information, visit www.opentext.com/meetingzone.
About The FirstClass Communications Platform
FirstClass® is a software-messaging platform that combines award-winning Collaborative Groupware and Unified Communications technologies into one Common Communications Platform. At the foundation of the FirstClass Communications Platform is Collaborative Groupware, which provides users with the ability to effectively communicate and share valuable resources through email, conferencing, directories, calendaring and online chats. Open Text's FirstClass Unified Communications technology, seamlessly converges email, voice mail and fax messages into one unified mailbox thereby enabling users to access all of their data and messages via the device of their choice including cell phone, telephone, computer and handheld devices - anytime, anywhere.
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 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
Trademark Information: Copyright © 2002 by Open Text Corporation. LIVELINK, LIVELINK MEETINGZONE, FIRSTCLASS 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 and Livelink MeetingZone 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, 1996, June 30, 1997, June 30, 1998, June 30, 2002, and Form 10-Q for the quarter ended September 30, 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
Tammy Gaudun
Corporate Communications Coordinator
Open Text Corporation
519-888-7111 ext. 2297
519-888-0386
tammyg@opentext.com
Greg Secord
Open Text Corporation
+1-519-888-7111 ext.2408
gsecord@opentext.com
