Open Text Meets Another Milestone with Hummingbird Integration, Releases High-Level Product Roadmap to Customers and Partners
Continues Support for Livelink ECM eDOCS (formerly Hummingbird Enterprise); Plans More Solutions to Give Customers New Ways to Maximize the Value of Their Investments
Chicago - 2006-12-18 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), the largest independent provider of enterprise content management (ECM) software and solutions, today released major new details of its product integration plans following its recent acquisition of Hummingbird. The plans, which Open Text is making available to customers and partners today, provide a range of 2007 deliverables, including details on continued support for Livelink ECM -- eDOCS products, new product integrations and new ECM solutions that will help customers improve processes and manage compliance.
The plans reaffirm Open Text s commitment to Livelink ECM eDOCS, formerly Hummingbird Enterprise, and align the offering with the comprehensive new capabilities Open Text is rolling out in Livelink ECM 10, the latest version of its ECM suite which was introduced in November at Open Text s LiveLinkUp user conference (http://www.opentext.com/news/pr.html?id=1799).
With the plans we re announcing today, Livelink ECM eDOCS customers will be able to maximize the value of their investments and plan an ECM strategy that meets the needs of their organizations over the long term, said Kirk Roberts, Executive Vice President of Products, Solutions and Marketing at Open Text. Complementary Open Text and Hummingbird technologies will allow us to offer the best in ECM solutions and expertise, and give customers more powerful ways to control and manage content across the enterprise.
Some of the highlights from the 2007 commitments released today to customers and partners include:
- Support for the 2007 Microsoft Office System and Windows Vista: Open Text has accelerated plans to support the 2007 Microsoft Office System and Windows Vista with Livelink ECM eDOCS DM. Livelink ECM eDOCS is recognized for its rich client interface and tight integration with Microsoft Office applications and Microsoft Outlook. The rich client interfaces that leverage Microsoft Office and Outlook as primary user interfaces are key parts of Open Text s Livelink ECM 10 plans. Livelink ECM 10 will include an advanced new interface that provides access to all business content from within familiar Microsoft applications, including Microsoft Outlook.
- Contract Management Solutions: Open Text plans to combine complementary contract management solutions from both companies to offer customers the most comprehensive solution on the market for contract creation, negotiation, contract fulfillment and renewals.
- Focus on Government and Records Management Certification: Open Text will continue with plans to recertify Livelink ECM eDOCS s records management capabilities under U.S. Department of Defense 5015.2-STD (including Chapter 4), an important requirement for records management solutions used by government customers. Open Text will seek recertification for the software in April, 2007. Last month, Open Text announced that it received U.S. Department of Defense certifications for its other records management solutions, including two that provide record management for use with Microsoft Office SharePoint Portal Server 2003 and SAP® solutions (http://www.opentext.com/news/pr.html?id=1801).
- Legal Market Solutions: Open Text is also reaffirming commitments made in an announcement just after the acquisition (http://www.opentext.com/news/pr.html?id=1781) to support Livelink ECM eDOCS DM and LegalKEY solutions for law firms. Open Text will continue to enhance these offerings in order to ensure that the specific needs of law firms are met.
- Email Management: Open Text will continue to support the Livelink ECM eDOCS integration strategy with leading archiving vendors.
- Enterprise Library Services, Livelink ECM 10 s tightly integrated content archiving, metadata management, search and enterprise records management. Enterprise Library Services help customers implement a true enterprise-wide retention management strategy to satisfy corporate compliance mandates.
- New features from Livelink ECM 10 that offer access to business content in major ERP systems, such as SAP solutions, from users familiar Microsoft Outlook interface.
- Open Text s enterprise-class business process management capabilities to extend Livelink ECM eDOCS Workflow.
- Open Text s Artesia Digital Asset Management to allow customers to manage rich media in the same powerful ways as other business content via the Livelink ECM eDOCS suite.
Summit 2007 Conference, February
Open Text will follow the release of plans today with a more detailed roadmap to be unveiled at its Summit 2007 Conference in February, the first opportunity for Hummingbird customers and partners to meet face to face with Open Text s executives, and hear about the company s strategy and vision. For more information on Summit 2007, go to: http://www.opentext.com/summit.
Information Available Online
The product plans announced today are available for customers and partners online. Customers can access Open Text Online, the company s online customer community here www.opentext.com/online for more details (registration required). Partners can find more information by visiting either the Hummingbird partner portal here: http://partners.hummingbird.com/portal/ or the Open Text partner portal on Open Text Online -- follow the URL above and look for the partner links.
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
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
