Delphi Consulting Group Names Open Text the Fastest-Growing Company in the Document Management Industry For the Second Year in a Row

Open Text, Developer of Livelink Intranet, Increases Revenue by 87 %

Chicago, IL - 1998-05-22 - -- For the second consecutive year, Open Text Corporation (NASDAQ:OTEX) has been named the leader in market development for electronic document management by Delphi Consulting Group. Open Text was honored as part of the annual Delphi Awards, recognizing the achievements of companies in document management, knowledge management and workflow software.

The award given to Open Text honors the software company achieving the greatest overall revenue growth during the 1997 calendar year. Over the course of the year, Open Text increased its overall revenue by 87 per cent.

"Open Text has achieved an industry benchmark in revenue growth for the second consecutive year by delivering on the vision of a managed environment for collaborative work over intranets," said Hadley Reynolds, Director of Research, The Delphi Group. "With this strong growth, Open Text nearly doubled its market share over the course of 1997."

"It is an honor for Open Text to receive this award from the Delphi Group," said Abe Kleinfeld, Senior Vice President of Marketing for Open Text Corporation. "In addition to growing faster than any of our competitors during the past two years, Livelink has set the standard for enterprise-wide deployments in the world s largest corporations. Our customers rely on Livelink to leverage corporate knowledge in order to meet their missions and objectives and to us, that is the greatest recognition of all."

About The Delphi Group

The Delphi Group provides objective software advisory services and is the most frequently referenced information resource for workflow, information retrieval technologies, knowledge management and the business imperative for managing unstructured information. Delphi's strategic management and technology consulting has guided hundreds of Global 2000 corporations, including more than half of the Fortune 500. Delphi's market research on knowledge management, workflow, and document management, as well as its email-based Delphi Newsflash industry information bulletin are a fundamental component of Information Technology reference libraries. Delphi's varied education programs, from national conferences to onsite seminars and the classroom-based Delphi Institutes have provided a broad-based learning experience for users new to these technologies as well as benchmark practitioners.

Release Disclaimer

This news release may contain forward-looking statements relating to the future performance of Open Text Corporation. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are 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 year ended June 30, 1997, and Form 10-Q for the quarters ended September 30, 1997, and December 31, 1997. Note to Editors: Livelink Pinstripe, Livelink 8, Livelink Search, Livelink Library, Livelink Workflow and Livelink Project Collaboration are trademarks of Open Text Corporation. All other trademarks are the property of their respective companies.

For more information, please contact

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