Open Text Hailed as One of Top 15 Intranet Software Companies

InformationWeek Listing Ranks Open Text Among the Very Best

Chicago, IL - 1997-12-01 - Open Text Corporation (NASDAQ:OTEX) today announced that it has been named one of 15 key intranet software vendors by influential U.S. trade magazine, InformationWeek.

"This is a great coup for us, but not a surprise," said Abe Kleinfeld, Senior Vice President, Marketing and Corporate Development, Open Text. "We have already established ourselves as leaders in the knowledge management market. InformationWeek's recognition of Open Text among the industry's elite is a reflection of what our customers have known for a long time."

The listing appeared in the November 17, 1997, edition of InformationWeek (issue #657). It is part of a comprehensive round-up of intranet and extranet solutions in the magazine's Intranet/Extranet 100 Special Report.

Open Text's inclusion in the InformationWeek listing is due in large part to the success of its flagship intranet software product, Livelink Intranet. Livelink Intranet is a highly scalable, collaborative knowledge management application for intranets. Its richly featured enterprise document management, workflow, project collaboration and search engines are tightly integrated into an off-the-shelf application that is easily customized and extended to fill a broad range of information and knowledge management needs. Livelink servers are fully Web-based and open-architected to ensure very rapid deployment, requiring just a standard Web browser on users' desktops to access its full functionality. Livelink runs on Microsoft Windows NT and the leading UNIX platforms and supports most popular database management systems. In addition, a workgroup version of Livelink is bundled with Netscape SuiteSpot.

Release Disclaimer

This news release may contain forward-looking statements relating to the future performance of Open Text Corporation. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the company's filings with the Securities and Exchange Commission (SEC), including the final prospectus for the company's initial public offering of common stock in January 1996, Form 10-K for the year ended June 30, 1997, and Form 10-Q for the quarters ended September 30, 1997, and December 31, 1997. Note to Editors: Livelink Pinstripe, Livelink 8, Livelink Search, Livelink Library, Livelink Workflow and Livelink Project Collaboration are trademarks of Open Text Corporation. All other trademarks are the property of their respective companies.

For more information, please contact

Margaret E. Dobbin
Director, Industry Analyst Relations
Open Text Corporation
+1-519-888-7111 ext.2410
mdobbin@opentext.com