Open Text to Report First Quarter Fiscal 2004 Financial Results on Wednesday, October 29th

Waterloo, ON - 2003-10-08 - Open Text Corporation (Nasdaq: OTEX; TSX: OTC), provider of Livelink®, the leading collaboration and knowledge management software for the global enterprise, today announced that its results for the first quarter of fiscal 2004 will be released at approximately 8:00 a.m. ET/5:00 a.m. PT on Wednesday, October 29, 2003.

Open Text invites the public to listen to the company's teleconference call concerning financial results for the first quarter of fiscal 2004.

Date: Wednesday, October 29, 2003
Time: 10:00 a.m. ET / 7:00 a.m. PT
Length: 45 minutes, approximately
Where: 416-640-1907
Webcast: www.newswire.ca/webcast/viewEventCNW.html?eventID=653180

Please dial the above number approximately 10 minutes before the teleconference is scheduled to begin. The operator will take your name and connect your line with the meeting. Replay will be available beginning October 29, from 12:00 p.m. ET thru noon on November 12, 2003.

For more information and playback instructions:
www.opentext.com/events/event.html?id=35116

Events Calendar Update

Open Text announced that it plans to participate in the following financial conferences hosted by the respective brokerage firm. Note that event dates and times are subject to change after the release of this announcement. To confirm a date or learn about Web cast availability, visit the company's Web site closer to event date at:
www.opentext.com/investor/investor_events/

October 27-28, 2003
TD Technology and Biotechnology Forum
Toronto, ON Canada

November 2-4, 2003
The AEA Classic
San Diego, CA USA

November 6, 2003
Open Text Analyst Day
Orlando, FL 2003

December 2-5, 2003
Annual CSFB Technology Conference
Scottsdale, AZ USA

December 11, 2003
Open Text Annual General Meeting
Toronto, ON Canada

February 3-4, 2004
RBC Banff Springs Conference
Banff, AB Canada

February 2004
Orion Securities Technology Conference
Toronto, ON Canada

About Open Text

Since 1991, Open Text Corporation has delivered innovative ECM 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 fifteen million seats across 10,000 corporate deployments 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 © 2003 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 press release may contain "forward-looking statements" within the meaning of securities laws. Forward-looking statements are neither promises nor guarantees, but are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of Open Text, or developments in Open Text's business or its industry, to differ materially from the anticipated results, performance, achievements or developments expressed or implied by such forward-looking statements. Such risks, uncertainties and assumptions include, but are not limited to, general market conditions and the disclosure contained under the sections entitled "Business", "Quantitative and Qualitative Disclosure About Market Risk" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in documents filed by Open Text with the Securities and Exchange Commission including in Open Text's Report on Form 10-K for the fiscal year ended June 30, 2003 and in documents filed by Open Text with the Ontario Securities Commission and other securities regulatory authorities across Canada. Forward-looking statements in this press release are based on management's beliefs and opinions at the time the statements are made, and there should be no expectation that these forward-looking statements will be updated or supplemented as a result of changing circumstances or otherwise, and Open Text disavows and disclaims any obligation to do so.

For more information, please contact

Tammy Gaudun
Corporate Communications Coordinator
Open Text Corporation
+1-519-888-7111 ext. 2297
tammyg@opentext.com

Anne Marie Rahm
Director, Investor Relations
Open Text Corporation
+1-617-204-3359
arahm@opentext.com

Greg Secord
Open Text Corporation
+1-519-888-7111 ext.2408
gsecord@opentext.com