Open Text Positioned in the Leaders Quadrant in 2006 Enterprise Content Management Magic Quadrant

Leading Analyst Firm Assesses ECM Vendors and Their Product Sets Completeness, Maturity and Suite Integration

Chicago, IL - 2006-10-31 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), the largest independent provider of Enterprise Content Management (ECM) software and solutions, today announced that Gartner, Inc. (NYSE: IT), a leading technology research and advisory firm, has positioned Open Text in the Leaders Quadrant in the Magic Quadrant* for Enterprise Content Management, 2006, co-authored by Karen Shegda, et al.

We consider our positioning in the Leaders Quadrant by Gartner to be important confirmation of our strategy, said Kirk Roberts, Executive Vice President of Products, Solutions and Marketing at Open Text. Our focus on delivering vertical-market applications, our strategic relationships and integrations with Microsoft, Oracle and SAP, and our initiatives to extend the Basic Content Services of these partners align us with the direction of our corporate, government and professional services customers.

Open Text s fully integrated ECM suite not only includes the six core components of document management, web content management, records management, document imaging, document-centric collaboration and workflow, but also has the complementary functional components of archiving, digital asset management, and e-mail management. The Livelink ECM suite provides the foundation for business-specific and industry solutions and is designed to address requirements in organizations driven by compliance demands for content generated within business processes or for productivity gains related to the usage of unstructured content.

ECM Market Share

Open Text is one of the world s largest providers of ECM solutions and the largest outside of North America. According to a study Gartner released on May 24, 2006, titled Market Share: Enterprise Content Management Software, Worldwide, 2003-2005 and authored by Tom Eid, Vice President, Gartner Dataquest Research, Open Text held a market share based on revenue of 13.2 percent, the largest in the study at the time, with Hummingbird, Open Text s most recent acquisition, having a market share of 7 percent.

In a version of the study focused on Europe, Asia and the Middle East, titled Market Share: Enterprise Content Management Software, EMEA, 2004-2005, Open Text s market share based on revenue was the largest at 19.9 percent, with Hummingbird at 8.1 percent in 2005.

For the full Magic Quadrant* for Enterprise Content Management, 2006 report, go to: www.gartner.com.

About Open Text

Open Text is the world's largest independent provider of Enterprise Content Management software. The company's solutions manage information for all types of business, compliance and industry requirements in the world's largest companies, government agencies and professional service firms. Open Text supports approximately 46,000 customers and millions of users in 114 countries and 12 languages. For more information about Open Text, visit www.opentext.com.

*The Magic Quadrant is copyrighted October 11, 2006 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

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. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, 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, demand for the Company's products 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, 2006. 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.

Copyright © 2006 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.

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

Brian Edwards
McKenzie Worldwide
+1-503-577-4583
briane@mckenzieworldwide.com