Plans Revealed for Web Content Management, Digital Asset Management and Social Media Solutions
Open Text Content World, Orlando, Fla - 2009-10-28 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Content Management (ECM), today released its 2010 product roadmap for Web content management (WCM), digital asset management (DAM) and social media solutions at Content World, the company s annual user conference underway this week in Orlando, Fla. The plans include how the company will further develop solutions from both Open Text and recently acquired Vignette, as well as plans for next generation Web solutions.
As this painful recession continues, organizations will look for opportunities to grow while controlling costs. Many organizations have realized the Web has become the most critical channel to engage customers, partners and employees, helping organizations achieve growth while bringing significant efficiencies and cost savings.
"The expectations for the Web have evolved," said Scott Bowen, Senior Vice President at Open Text. "A successful Enterprise 2.0 strategy must consider social media, mobile devices, brand consistency - all while managing massive amounts of content in a range of formats. Medium and large enterprises must learn to do this effectively and securely, while meeting compliance and privacy requirements. We're helping customers bridge the divide, combining new technology to extend their ECM solutions in new and more powerful ways. The plans we re unveiling this week demonstrate a comprehensive set of new capabilities, all integrated as part of the Open Text ECM Suite."
Open Text's new product plans deliver significant enhancements in user experience, allowing more people to interact, manage and publish content in all its forms, increasing productivity and streamlining processes, plus adding innovative social media capabilities. Enhanced integration with the Open Text ECM Suite deepens broader ECM integration, making a number of scenarios possible including:
Product Roadmap:
Web Content Management
Digital Asset Management
Social Media
Content World
Open Text's Content World Conference is focused on helping customers capitalize on their content, with distinguished speakers, more than 125 sessions on ECM best practices, emerging trends and technical expertise, and in-depth networking. For more information on Content World, go to: http://www.opentext.com/contentworld/2009/. To follow news about Content World on Twitter, visit: @OTContentWorld and #otcw.
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.
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 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, 2009. 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, OPEN TEXT ECM SUITE, WEB SOLUTIONS, VIGNETTE CONTENT MANAGEMENT, PORTAL MANAGER, MEDIA MANAGEMENT and OPEN TEXT EMAIL MANAGEMENT MICROSOFT EXCHANGE 10 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.
Richard Maganini
Open Text Corporation
+1-847-961-0662
rmaganin@opentext.com
Melanie Brenneman
Open Text Corporation
+1 512 741 4871
mbrennem@opentext.com
Adam Lee, EMEA
Open Text Corporation
+44 (0) 1189 848000
alee@opentext.com
Leonie Cusack, Asia Pacific and Japan
Open Text Corporation
+61 (0) 2 9026 3400
lcusack@opentext.com