Chicago, IL - 2002-05-07 - Open Text™ Corporation, provider of Livelink®, the leading collaboration and knowledge management software for the global enterprise, unveiled Livelink for Program Management at its European User Conference—LiveLinkUp Europe 2002. Livelink for Program Management is a comprehensive, Web-based application that accelerates New Product Development (NPD) projects, and other structured collaborative initiatives within an organization.

Livelink for Program Management gives global organizations the ability to manage multiple, simultaneous programs or projects within an individual business unit, division or department. Dispersed companies can use Livelink for Program Management to automate their own proprietary, phased program management methodologies according to predefined "stages" and corresponding "gate" review cycles. Dashboard views of project components are accessed according to roles assigned, enabling organizations to manage every level of a project to optimize resources, reduce costs and ensure program success. Advanced task management allows key participants to define standard deliverables and prerequisites, which are automatically set-up when each new program is initiated. Once underway, participants can set risk levels, assign budget, add new team members and execute the program according to these specifications. Livelink for Program Management allows international teams to communicate, collaborate, report on and track project time, costs, progress and team performance—all from a standard Web browser.

Livelink for Program Management leverages Livelink's proven collaboration and knowledge management functionality to deliver an application focused on solving specific business challenges. All of Livelink's core features—including document management, search, automated forms and workflow, scheduling and real-time collaboration—are fully integrated into this new application designed to improve overall program efficiencies, resulting in faster time-to-market, reduced development costs and greater returns on investment. Livelink for Program Management brings all this together under a framework that allows each customer to implement their own specific best-practices methodologies for large project and program initiatives.

"To be successful in today's economy, organizations need to leverage all of their resources—tangible and intangible. Being able to effectively implement projects and programs before a competitor, delivers a significant competitive advantage," said Anik Ganguly, Open Text's Executive Vice President of Products. "Using Livelink for Program Management, global organizations can better manage the complexities of large projects by tracking all deliverables, related tasks, issues and budget, and collaborating to bring the project or program through to completion."

Ideal for manufactured goods, financial services, pharmaceutical, telecommunications and government initiatives, Livelink for Program Management enables organizations to capture the 'big picture' and leverage work done in parallel and previous programs to effectively manage the product development process. Livelink for Program Management assigns every program its own secure workspace, enabling organizations to capture and share lessons learned to create best practices.

According to IDC, "Executives of manufacturing companies want better management of product development resources to make better product investment decisions and support faster new product introduction. They are aware that less-than-optimum investments and missed schedules indicate poor management of product development processes. This realization creates a high demand environment for new product development management software." (The Emerging Market for Product Development Management Software, by Gisela Wilson, February 2001).

Livelink for Program Management is scheduled for shipment in June of this year. For more information, please join Open Text on May 14, 2002, at 11:00 AM EDT for an on-line seminar that will show how Livelink for Program Management accelerates the New Product Development (NPD) cycles. For details on Open Text's upcoming events, visit: http://www.opentext.com/events/.

Livelink is the leader in collaboration and knowledge management for the global enterprise. Its richly-featured enterprise services include virtual team collaboration, business process automation, enterprise group scheduling and information retrieval services, all tightly integrated into a solution that is easily customized and extended. Livelink is essential to the effective management and development of communities of interest that span organizations and industries. For everything from the creation of complex e-community relationships to the automation of simple e-business processes, Livelink delivers true dynamic collaboration between individuals, organizations and large trading communities. Livelink servers are fully Web-based and open-architected to ensure rapid deployment and easy access to its full functionality through a standard Web browser. For more information, visit www.opentext.com/livelink/.

Since 1991, Open Text Corporation has delivered innovative software that brings people together to share knowledge, achieve excellence, deliver innovation, and enhance processes. Its legacy of innovation began with the successful deployment of the world's first search engine technology for the Internet. Today, as the leading global supplier of collaboration and knowledge management software for the enterprise, Open Text supports five million users across 4,500 corporations in 31 countries and 12 languages throughout the world. As a publicly traded company, Open Text manages and maximizes its resources and relationships to ensure the success of great minds working together. For more information, visit www.opentext.com.

Copyright © 2002 by Open Text Corporation. LIVELINK 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. 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.

This news release may contain forward-looking statements relating to the deployment of Livelink by customers, and future performance of Open Text Corporation. Forward-looking statements are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include, among others, risks involved in 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 and other risks 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 years ended June 30, 1998, June 30, 1999, June 30, 2000, and June 30, 2001, and Form 10-Q for the quarters ended September 30, 2001 and December 31, 2001. Forward-looking statements 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.

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

Lisa Dekker
Public Relations
Open Text Corporation
1+519-888-7111 ext. 2473
519-888-0677
ldekker@opentext.com