Waterloo, ON - 1996-10-29 - Open Text Corporation (OTEX:NASDAQ)
of Waterloo, Ontario, Canada today announced that a superset of the
technology that is currently available in its Livelink Search textual search
and retrieval product will be a key part of a new generation of powerful and
flexible full patent database products, to be developed by Microsoft
Corporation and Derwent Information.
Derwent Information will take the lead in incorporating Open Text's search
technology and the Microsoft® Windows NT® operating system into a
powerful and flexible full patent database designed to meet the needs of
both novice and experienced patent searchers, who want to use
client/server technology or the Internet for sharing patent information within
their organizations.
The first product from the agreement is expected to be commercially
available in the first quarter of 1997. Derwent Information, a division of The
Thomson Corporation providing international patent and scientific
information across the world for more than 40 years, is the industry leader
in the provision of international patent information.
"We expect the specific databases to be very large and composed of
structured languages, SGML and HTML, requiring an industrial strength
search engine capable of rapidly searching very large numbers of
documents in a structured manner, allowing users to search by title, first
paragraph, etc." said Tom Jenkins, President and CEO of Open Text
Corporation. "The search technology that will be included in these products
powers our Livelink Search product, which recently took top honors in
Computerworld's review of intranet-ready search engines. So this is
another significant OEM integration of our technology," added Jenkins.
"Livelink Search forms a key component of our intranet application suite -
Livelink Intranet - which we are currently marketing, and we stand ready to
assist Derwent with their customers who choose a full-featured,
intranet-based patent database solution in future."
The agreement marks the third announcement in as many weeks of wins
by Open Text where the firm's pre-eminent textual search and retrieval
technology has been chosen for use in database indexing and search
solutions, including ones to be offered by Medical Economics of Montvale,
New Jersey and the United States Government Printing Office in
Washington, DC.
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.
Margaret E. Dobbin
Director, Industry Analyst Relations
Open Text Corporation
+1-519-888-7111 ext.2410
mdobbin@opentext.com