Open Text Names Gail E. Hamilton to Board of Directors
Accomplished IT Executive Brings Operational Expertise
Waterloo, ON - 2007-03-27 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), the largest independent provider of enterprise content management (ECM) software and solutions, announced the election of Gail E. Hamilton to its board of directors during Open Text s Annual General Meeting on December 7, 2006. Ms Hamilton is the former executive vice president of Symantec and has over 20 years experience growing leading technology and services businesses in the enterprise market.
Gail brings with her a wealth of executive management expertise in the software industry, said John Shackleton, President and Chief Executive Officer of Open Text. Her extensive operational knowledge and deep understanding of enterprise software is a strategic asset to our board.
Most recently Gail Hamilton led a team of over 2,000 employees worldwide at Symantec and had P&L responsibility for the global services and support business. Previously, she led all of Symantec's consumer and enterprise product development, marketing and support. During her five years at Symantec, Ms Hamilton helped steer the company through an aggressive acquisition strategy. Previous to Symantec, she gained extensive management experience at Compaq and Hewlett-Packard Company, as well as Microtec Research.
In 2003, Information Security Magazine recognized Ms Hamilton as one of the '20 Women Luminaries' shaping the security industry.
Gail Hamilton is a member of the board of directors of Ixia (a provider of IP network testing solutions), Washington Group International (an engineering and construction services company) and Surgient (a supplier of virtualization technology). She received both a BSEE from the University of Colorado and an MSEE from Stanford University.
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 © 2007 by Open Text Corporation. LIVELINK ECM 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
Richard Maganini
Open Text Corporation
1-847-961-0662
rmaganin@opentext.com
Greg Secord
Open Text Corporation
+1-519-888-7111 ext.2408
gsecord@opentext.com