ECM Market Leader Open Text Kicks Off Content World Conference, Showcases Next Generation Solutions, Best Practices
Product Strategy Focuses on the Open Text ECM Suite, An Integrated Enterprise Approach to ECM
Open Text Content World, Orlando, FL - 2008-11-18 - Open Text (NASDAQ: OTEX, TSX: OTC), a global leader in enterprise content management (ECM), said today it is kicking off its largest global conference ever Open Text Content World -- in Orlando, Florida, with plans to showcase the Open Text ECM Suite and next-generation ECM solutions. The event will feature leading Content Experts from across the industry, and an expanded program of breakouts and training sessions, partner events and the company s GlobalStar Awards program.
The Open Text ECM Suite is designed around Open Text s Content Services, a unique services-oriented architecture enabling customer journeys from departmental solutions towards an integrated enterprise-wide ECM strategy. The need to address cross-enterprise ECM requirements -- driven by growing compliance concerns, and the need to do more with less by streamlining processes and reducing costs -- is raising the strategic importance of ECM in organizations today.
"Despite the economic downturn, we re seeing our biggest conference turnout ever because our customers view ECM as strategic to their efficiency, cost management and compliance initiatives," said John Shackleton, President and Chief Executive Officer of Open Text. "ECM is breaking out of its departmental roots, crossing organizational boundaries, and requiring customers to take an enterprise view of their information challenges."
Shackleton adds, "Our next-generation ECM solutions enable our customers to improve their competitiveness during any economic cycle. In the current cycle, now is the time for many to leap their competition with well-managed content flows and collaboration across departments and systems."
Open Text has been building momentum over the last fiscal year: Strong financial results, including a 22% increase in revenues; continued leadership recognition by industry analysts, including in Gartner s recently released Magic Quadrant for Enterprise Content Management; and a steady stream of innovations for the Open Text ECM Suite, including:
- Expanded development of Open Text Content Services (www.opentext.com/news/pr.html?id=1948), the foundation of the Open Text ECM Suite, provides a common set of content services that extend across all major systems and repositories. Open Text further extended Content Services with integrations to its Web and Digital Asset Management solutions.
- An enterprise 2.0 strategy with new social networking, Web, and rich media solutions that help companies leverage the power of wikis, forums, blogs, rich media, tagging, moderation and communities without compromising their requirements for compliance, security and intellectual property management.
- New Open Text ECM Suite solutions that integrate with Microsoft, SAP and Oracle, all strategic partners. Open Text released a new Transactional Content Processing solution and a new version of the Employee Information Management solution for SAP. The company also released six new ECM solutions for Microsoft, including extensions for Microsoft SharePoint and the industry s first integrated archiving and records management for content stored in Microsoft s cloud-based storage component of Windows Azure. Open Text also added to its leadership in Oracle integration with the further extension of its accounts payable solution for Oracle.
2008 GlobalStar Enterprise Awards Finalists: At Content World, Open Text will recognize its 2008 GlobalStar Enterprise and Champion Award finalists and winners. This year s finalists are Bruce Power, Fonterra Cooperative Group Ltd., GM Europe, HOVENSA, Halliburton, Hasbro Inc., Multiquip, Northrop Grumman, The Supreme Court of the Netherlands and Transport Canada. Winners will be announced at a GlobalStar Reception and Award Ceremony Tuesday evening, November 18th.
Going Green and Social : Open Text s Content World 2008 will be its greenest and most social ever. Content World attendees will receive a wireless handheld conference navigation device that will combine audience response, Q&A sessions, text-messaging, social networking, attendance tracking and electronic feedback forms all designed to create a dynamic, personalized, and green conference experience for attendees. Paper handouts and brochures are all but eliminated, and the conference is supplied by a wide range of recyclable or biodegradable materials for everything from carpeting to trash bags to energy-saving lighting.
Partner Day: Open Text will host over 200 partners in a pre-conference full day session focused on working successfully with Open Text and customers. Sessions are planned on Open Text s partner program, sales and technical enablement opportunities, and product directions. Open Text will also recognize partners that exemplify best practices in enterprise software partnering,
Open Text Content World is being held this year, in Orlando, Florida. In the spirit of the unique integration and modularity of Open Text ECM Suite, the event features a conference-within-a-conference program. Attendees tailor their conference experience: product/technology-specific tracks are available in the morning, with broader enterprise views offered in the afternoon. For more information, 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.
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, 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.
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. SAP, SAPPHIRE and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and several 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 x2429
sdodge@opentext.com
Brian Edwards
McKenzie Worldwide
+1-503-577-4583
briane@mckenzieworldwide.com
