Open Text Releases High-Performance Secure Shell Server Solution
Connectivity Solution Helps Organizations Comply with Regulatory Security Requirements
Chicago, IL - 2008-10-01 - Open Text (NASDAQ: OTEX, TSX: OTC), a global leader in enterprise content management (ECM), today introduced Connectivity Secure Server , a high-performance scalable solution for secure network access from Hummingbird, the Open Text Connectivity Solutions Group. Based on the industry-standard Secure Shell protocol, Connectivity Secure Server offers faster file transfer of critical data on a small server footprint and meets key security requirements in regulations spanning multiple industries.
Industry standards and government regulations such as Sarbanes-Oxley, Payment Card Industry Data Security Standard (PCI-DSS), Health Insurance Portability and Accountability Act (HIPAA), Gramm-Leach-Bliley Act (GLBA) and Federal Information Security Management Act (FISMA) require organizations to constantly strengthen the protection of mission-critical information such as credit card records, patient data or customer information. With billions of dollars of annual losses attributed to security breaches, corporations are under increasing pressure from auditors and shareholders to eliminate non-secure legacy systems.
Connectivity Secure Server offers a complete replacement for Telnet and FTP servers, providing organizations with the same flexibility and convenience as these protocols, but in a much more secure environment. Strong authentication methods, FIPS 140-2 validated encryption and robust content integrity allow network administrators to provide secure remote access and secure file transfer, as well as network traffic encryption.
Built on a highly efficient architecture, Connectivity Secure Server supports a high number of simultaneous user sessions while minimizing memory and processor footprint, allowing organizations to eliminate unnecessary hardware and energy costs required by their previous solutions. Coupled with Connectivity SecureTerm®, the industry s first desktop- and Web-based Secure Shell client, Connectivity Secure Server offers a cost-effective and high-performance point to point security solution.
With Connectivity Secure Server, Open Text strengthens its commitment to providing its Global 2000 customers with an innovative, enterprise-focused solution to help them achieve their compliance objectives, said Eugene Cherny, General Manager, the Open Text Connectivity Solutions Group. We are extremely excited about the release of this new product and want organizations to realize they do not need to compromise between security, performance and costs to fulfill their security needs.
Open Text s Leadership in Connectivity Solutions
Hummingbird®, Open Text s Connectivity Solutions Group, provides solutions that connect people, data and applications in mission-critical environments through its complete line of remote application access and data integration solutions. With 90 percent of Global 2000 companies relying on its award-winning solutions for over 20 years, Hummingbird understands the financial and operational challenges that most organizations face, whether it is multiple systems, disparate data sources or geographically dispersed teams.
For more information on Hummingbird, the Open Text Connectivity Solutions Group, go to: www.opentext.com/connectivity-solutions
About Open Text
Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 46,000 customers and millions of users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, 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, 2007. 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 © 2008 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
+1-847-267-9330 ext.4266
rmaganin@opentext.com
Stephanie Dodge Fazio
Open Text Corporation
519-888-7111 ext.2429
sdodge@opentext.com
Brian Edwards
McKenzie Worldwide
+1-503-577-4583
briane@mckenzieworldwide.com