Open Text Signs Panel Contract with New South Wales Government in Australia
Awarded Contract to Provide Solutions for All Government Departments
Chicago, IL - 2008-10-20 - Open Text (NASDAQ: OTEX, TSX: OTC), a global leader in enterprise content management (ECM), has been awarded a contract by the New South Wales Government in Australia to provide its leading electronic document and records management software to government departments and agencies throughout the state.
Under the contract, New South Wales government departments will be able to directly purchase Open Text solutions. The initial three-year contract also includes a possible extension to five years.
New South Wales government departments will now benefit from Open Text s integrated electronic document and records management system (EDRMS) features, which include provision for document management, records management, advanced workflow, collaboration, archiving and imaging, digital asset management, business process management, web content management and information search and retrieval.
The award for Open Text follows a rigorous process in which the New South Wales Government conducted a detailed market review of leading vendor EDRMS solutions before selecting Open Text.
Earlier this year, Open Text became the first supplier to achieve full compliance with the demanding VERS (Victorian Electronic Records Strategy) records management standard.
Open Text also holds a whole-of-government contract to provide electronic document and records management software to the Queensland government in Australia.
Open Text s Public Sector Sales Director for Australia, Greg Mennie, said, We are delighted to have been selected for contract panel status by the New South Wales government as well as the Common User Agreement for EDRMS in Western Australia.
Up until now, the enterprise content management solutions available to New South Wales departments were restricted to niche capabilities in records management and document management. The inherent functionality in Open Text s ECM solutions means that we can now provide New South Wales government agencies with a complete EDRMS platform. Our track record of expertise in providing for a return in investment for public sector organizations has now been extended with this latest panel award.
Open Text s New South Wales contract award follows a recently announced contract renewal with the Canadian Federal Government for a broad range of ECM solutions and a contract with the City of London to provide records management and archiving.
Records Management Leadership
Open Text is a global leader in records management, offering the industry s most comprehensive set of solutions to extend records management across the full range of content types stored in multiple systems, including SAP, SharePoint, email, instant messaging, file systems, and Open Text solutions. In addition to the VERS standard, Open Text s records management solutions are certified as compliant with the U.S. Department of Defense 5015.2-STD requirements and the United Kingdom s TNA regulations, all key standards for records management software used in corporations and governments.
Open Text Content World
Open Text will host its Content World 2008 conference in Orlando, Florida, November 18-20. The event will bring together leading ECM experts from across the industry to network with peers, discuss the latest developments and trends in ECM and Enterprise 2.0, and to gain a first-hand account of the company s long-term strategy and product roadmap. For more information on Open Text Content World, go to www.opentext.com/contentworld.
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.
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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, 2008. 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.
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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, x2429
sdodge@opentext.com
Brian Edwards
McKenzie Worldwide
+1-503-577-4583
briane@mckenzieworldwide.com