Open Text eDiscovery Chosen by Marathon
Open Text eDiscovery Early Case Assessment to Reduce Costs of eDiscovery, Adds to Broader Enterprise Content and Records Management Solution from Open Text
Waterloo, ON - 2009-08-10 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Content Management (ECM), today announced that Marathon Oil Corporation (NYSE: MRO) has selected Open Text eDiscovery Early Case Assessment, powered by Recommind, to provide the latest in eDiscovery capabilities.
The eDiscovery solution adds to a company's broader enterprise content and records management strategy. eDiscovery, with ECM initiatives, is designed to improve business processes, proactively manage important records in accordance with compliance, legal and policy requirements, and gives employees new ways to share business content.
Part of the Open Text ECM Suite, Open Text eDiscovery Early Case Assessment helps organizations identify relevant information in cases, and defensibly manage preservation and collection processes for discovery, regulatory and compliance requests. The XML export capabilities and other functions of Early Case Assessment enables companies like Marathon to minimize the dependence on third-party processing, while culling irrelevant information before expensive legal review processes begin.
"We are very happy to be working with Marathon," said Stephen Ludlow, Program Manager for Open Text eDiscovery Solutions. "Marathon is a forward-looking organization that is combining process and technology to address some of the key cost and risk factors in eDiscovery and records retention."
The Open Text ECM Suite, the company's flagship offering, brings together the broad range of content management capabilities organizations need to securely and safely manage all types of enterprise information documents, vital records, Web content, video, images, email, forms and reports across many different enterprise systems and applications. Open Text's ECM Suite offers the cross-enterprise ECM solutions customers need as the strategic importance of ECM grows in large organizations, driven by compliance and the need to cut costs.
For more information on Open Text eDiscovery Early Case Assessment, please visit: www.opentext.com/2/global/sol-products/sol-pro-compliance-governance/pro-ediscovery-early-case-assessment.htm
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 50 million 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 Open Text Corporation's (the "Company") 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 Open Text ECM Suite 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 © 2009 by Open Text Corporation. OPEN TEXT, the OPEN TEXT ECM SUITE 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
Stephanie Fazio
Open Text Corporation
+1-519-888-7111, ext.2429
sfazio@opentext.com
Brian Edwards
McKenzie Worldwide
+1-503-577-4583
briane@mckenzieworldwide.com