Open Text Introduces Content Archiving for Microsoft SharePoint Products and Technologies
Powerful Archiving Capabilities Enhance Microsoft SharePoint Products and Technologies. Compliance Requirements Drive Need for Content Archiving Solutions
Chicago, IL - 2005-08-09 - Open Text Corp. (Nasdaq: OTEX, TSX: OTC), the leading independent provider of Enterprise Content Management (ECM) software, today unveiled a content archiving solution for Microsoft® SharePoint Products and Technologies, giving customers a powerful, long-term archive to store documents from SharePoint sites. The solution helps large organizations address the demands and rising costs of preserving huge stores of electronic documents for court cases and compliance mandates.
Robust content archiving software has become critical to global companies as growing legal and regulatory requirements force a change in the way they manage and store electronic information. Regulations today include tough rules for securely maintaining important electronic documents for extended periods. And costly discovery requests in litigation are requiring companies to quickly find and prove the authenticity of documents important to a case many years after the documents were created.
Open Text s Livelink ECM -- Document Archiving for Microsoft SharePoint is a powerful solution that automatically archives documents from SharePoint Products and Technologies in compliance with specific requirements or industry standards. Users can access archived content as quickly and as easily as before the archiving process is transparent to users. The solution also scales to meet customers growing archiving needs, with the ability to manage hundreds of gigabytes and even terabytes of digital content.
We see the integration of Open Text s content archiving solution with Microsoft Office systems as an important step towards more consistent support for the document lifecycle within the Reinsurance Group of Munich Re, said Dr. Werner Schmid, Architect, Office Communication at Munich Re Group, which plans to adopt Open Text s new solution. Based in Munich, Germany, Munich Re Group is one of the world's largest reinsurers and the second-largest primary insurer in Germany. About 5,000 insurance companies in some 160 countries rely on Munich Re's expertise and financial strength.
A key benefit of Open Text s archiving solution is that customers can use a single, long-term archive as a repository for all content across the enterprise. Documents and information everything from Word Documents to invoices to e-mails coming from SharePoint Products and Technologies, ERP, CRM, e-mail or other ECM systems -- can be maintained in the Open Text archive. The archive provides secure, long-term storage, full-text search and easy access from native applications. Customers gain a single system for maintaining all information to improve regulatory compliance and to provide a one-stop shop for discovery requests.
Businesses today find themselves in the crossfire of tough regulations and complex litigation, said Jens Rabe, Director of Compliance Solutions at Open Text. With all of their content in digital form, better information archiving and storage is a top-line priority. Customers can now enhance their Microsoft SharePoint Products and Technologies with a content archive that delivers all the specialized capabilities they need. And they can manage content from SharePoint Products and Technologies with all of their corporate information to reduce the costs and complexity of managing electronic information.
Other key features of the Document Archiving for Microsoft SharePoint solution include: Security, Authenticity: Archive content on a variety of secure storage media; apply time stamps and system signatures to ensure authenticity and accuracy; and auditing capabilities to track activity for each document. Rule-based Archiving: Configure storage rules to control what content is archived and to which storage media. Microsoft SharePoint Document Library attributes can be mapped to document attributes in Open Text s content archive, enabling specific archiving processes to be applied to specific types of documents. Comprehensive Search: Simultaneously search across content in SharePoint databases and in the Open Text archive. Consolidated results give users a unified interface and look and feel, separated according to online or archived content.
The Document Archiving for Microsoft SharePoint solution also reduces storage costs by allowing customers to move content from expensive server space in Microsoft SharePoint Products and Technologies to lower-cost storage media. Open Text s content archive works with all major storage systems, including those from Hitachi Data Systems, StorageTek, Network Appliance, EMC, HP, Sun Microsystems and IBM, giving customers the flexibility to use or migrate to different storage platforms to meet changing needs.
The new archiving solution continues a series of Open Text offerings that tighten integration with leading Microsoft applications. Open Text s Livelink ECM solutions integrate with Microsoft Office products and Open Text also offers e-mail management solutions for Microsoft Exchange and Outlook users. Open Text s content archive is offered as part of the Livelink ECM platform introduced in April, and works with all of Open Text s Livelink ECM solutions.
For more information on Document Archiving for Microsoft SharePoint, as well as other archiving solutions from Open Text, go to: http://www.opentext.com/products/archiving-solutions/
About Open Text
Open Text is the leading independent provide of Enterprise Content Management (ECM) solutions that bring together people, processes and information in global organizations. Today, the company supports almost 20 million seats across 13,000 deployments in 114 countries and 12 languages worldwide. For more information on Open Text, go to: www.opentext.com
Copyright © 2005 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.
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, 2004. 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
Open Text Corporation