Open Text Announces PeopleSoft Integration Certification

Integration Receives Certification on PeopleSoft Enterprise Financial Management 8.8

Chicago, IL. - 2004-09-20 - Open Text Corporation (Nasdaq: OTEX, TSX: OTC), the world s largest provider of Enterprise Content Management (ECM) software, today announced a new Livelink solution which integrates with PeopleSoftÒ Enterprise Financial Management 8.8 to improve invoice handling and reduce processing costs for customers. Open Text will demonstrate the solution this week at PeopleSoft Connect 2004, underway September 20-24 in San Francisco.

The Open Text solution, called Livelink for Accounts Payable, applies Livelink s flexible workflow and document management tools to facilitate the processing and tracking of invoice documentation.

Our business is helping customers manage enterprise content, said Bill Forquer, Executive Vice President of Marketing at Open Text. Livelink for Accounts Payable is an example of how we re extending our capabilities to the Enterprise Resource Planning (ERP) applications of valued partners such as PeopleSoft. By applying our ECM tools to help manage documents in these high-throughput, transaction-based ERP systems, we offer a powerful solution that reduces costs.

Open Text and PeopleSoft products, when integrated, will offer customers a document management solution that better manages the large volumes of content that flow through their PeopleSoft Enterprise Payables application, said Cynthia Pavana, Financial Management Product Manager for PeopleSoft.

Product Capabilities

Livelink for Accounts Payable offers a complete solution that includes flexible workflow to manage invoice routing, document management capabilities and flexible data capture technology. The solution also provides data entry with document imaging, optical character recognition, and heads-up data entry, in which online guides gives users a way to enter invoices. Once an invoice is approved, Livelink for Accounts Payable automatically provides invoice data to users creating invoices in PeopleSoft.

With workflows in Livelink for Accounts Payable, invoice processing can be tailored to meet new business demands. For example, if a company needs to suddenly pay all invoices from one of its suppliers, workflow can be quickly changed to prioritize those invoices for faster processing. Invoices can be prioritized by due date or amount or to take advantage of preferred vendor relationships or vendor discounts. Workflow is also auditable, providing a track record for the processing of all invoices to support corporate governance regulations and corporate accounting practices.

Open Text is demonstrating the new solution at PeopleSoft Connect 2004, in San Francisco this week in booths 405 and 407. For more information on PeopleSoft Connect 2004, go to: www.peoplesoftconnect.com/connect/en/index.jsp. Livelink for Accounts Payable will also be among the broad range of solutions Open Text will present at its upcoming annual user conference LinkUp Phoenix 2004, being held this year in Phoenix, Arizona, November 15-18. For more information, go to: www.opentext.com/linkup/

For more information on Livelink for Accounts Payable, go to: www.opentext.com/products/livelink/enterprise-server/accounts-payable/

About Open Text

Open Text is the market leader in providing Enterprise Content Management (ECM) solutions that bring together people, processes and information in global organizations. Throughout its history, Open Text has matched its tradition of innovation with a track record of financial strength and growth. Today, the company supports more than 17 million seats across 13,000 deployments in 67 countries and 12 languages worldwide. For more information on Open Text, go to: www.opentext.com

Trademark

Copyright © 2004 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 success of any of the Company s strategic initiatives, the Company s growth and profitability prospects, the benefits of the Company s products to be realized by customers, the Company s position in the market and future opportunities therein, the deployment of Livelink and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and 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 Form 10-K for the year ended June 30, 2002, and Form 10-Q for the quarters ended March 31, 2003, June 30, 2003, September 30, 2003 and December 31, 2003. You should not place undue reliance upon any such forward-looking statements, which 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

Richard Maganini
Open Text Corporation
1-847-961-0662
rmaganin@opentext.com