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Open Text’s Genio Offering to Strengthen Content and Data Integration
Company Ramps Up Strategy as Customer Demand for Content and Data Integration Solutions Grows; Solutions Bridge Structured and Unstructured Information from Key Enterprise Systems
Chicago, IL - 2007-11-12 - Open Text™ (NASDAQ: OTEX, TSX: OTC), a global leader in enterprise content management (ECM), said today that its Genio product line will play a significant role in a broader content and data integration strategy and suite of solutions. The focus on content and data integration are key as customers demand more powerful solutions to bridge islands of information and improve access for better decision making, so that customers can gain more value from information throughout the enterprise.
Open Text is committed to offering leading content and data integration solutions, with plans for a new version of Genio next month. But Genio will also figure prominently into Open Text’s plans to strengthen content and data integration technologies into its broader ECM offering. Open Text has been expanding its portfolio of solutions to give customers more powerful ways to manage all business information across systems and departments in large organizations, most recently introducing Open Text Content Services as part if this strategy.
Genio represents a new generation of content and data integration solutions that transform, cleanse, enrich and direct unstructured and structured information across the entire spectrum of decision support systems and corporate applications, spanning projects that include data warehouses, data marts, mainframe systems, ERP systems, CRM systems, and content management deployments. Genio’s ability to exchange information between ERP systems fits well with Open Text’s leadership in delivering ECM solutions that manage documents from systems such as SAP through business processes.
“Genio is a crucial application in our information management system,” said David Mathieu, CIO of André, a trade name of the Vivarte Group, a leading European clothing and footwear retailer. “We are very pleased with the direction the product is taking under Open Text’s leadership and look forward to the evolution of the product to better leverage its capabilities to address our content and data integration challenges.”
Genio delivers a rich set of benefits that offers organizations significant and tangible return on investments. Genio was built on the foundation of four key principles of openness, flexibility, ease of use, and reusability, and decouples business processes from the complexity of the IT systems infrastructure, allowing organizations to better execute their agile business practices.
“The volume of data in companies today is exploding and organizations are in constant change with the demands of global competition,” said Bill Forquer, Executive Vice President of Marketing at Open Text. “Companies need more powerful data integration tools that can help them quickly turn raw data into useful information. For over 10 years, some of the world’s largest organizations have been leveraging Genio in mission critical applications. As market needs evolve to address the requirements of a more holistic approach to content and data integration, Genio will be in a leadership position to satisfy the most pressing challenges within these organizations.”
Genio will be featured at the ITEC show, December 5-6, 2007 at the COBB Galleria Center in Atlanta, Georgia, where Open Text’s Genio representatives will discuss best business practices for content and data integration. For more information visit: http://pages.crosstechmedia.com/WebSite/Index.aspx?C=70000087&S=50000092
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 46,000 customers and millions of 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.
For more information on Genio, go to: http://connectivity.hummingbird.com/products/nc/genio.html
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 Livelink 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, 2007. 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 © 2007 by Open Text Corporation. LIVELINK ECM 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.
Open Text is committed to offering leading content and data integration solutions, with plans for a new version of Genio next month. But Genio will also figure prominently into Open Text’s plans to strengthen content and data integration technologies into its broader ECM offering. Open Text has been expanding its portfolio of solutions to give customers more powerful ways to manage all business information across systems and departments in large organizations, most recently introducing Open Text Content Services as part if this strategy.
Genio represents a new generation of content and data integration solutions that transform, cleanse, enrich and direct unstructured and structured information across the entire spectrum of decision support systems and corporate applications, spanning projects that include data warehouses, data marts, mainframe systems, ERP systems, CRM systems, and content management deployments. Genio’s ability to exchange information between ERP systems fits well with Open Text’s leadership in delivering ECM solutions that manage documents from systems such as SAP through business processes.
“Genio is a crucial application in our information management system,” said David Mathieu, CIO of André, a trade name of the Vivarte Group, a leading European clothing and footwear retailer. “We are very pleased with the direction the product is taking under Open Text’s leadership and look forward to the evolution of the product to better leverage its capabilities to address our content and data integration challenges.”
Genio delivers a rich set of benefits that offers organizations significant and tangible return on investments. Genio was built on the foundation of four key principles of openness, flexibility, ease of use, and reusability, and decouples business processes from the complexity of the IT systems infrastructure, allowing organizations to better execute their agile business practices.
“The volume of data in companies today is exploding and organizations are in constant change with the demands of global competition,” said Bill Forquer, Executive Vice President of Marketing at Open Text. “Companies need more powerful data integration tools that can help them quickly turn raw data into useful information. For over 10 years, some of the world’s largest organizations have been leveraging Genio in mission critical applications. As market needs evolve to address the requirements of a more holistic approach to content and data integration, Genio will be in a leadership position to satisfy the most pressing challenges within these organizations.”
Genio will be featured at the ITEC show, December 5-6, 2007 at the COBB Galleria Center in Atlanta, Georgia, where Open Text’s Genio representatives will discuss best business practices for content and data integration. For more information visit: http://pages.crosstechmedia.com/WebSite/Index.aspx?C=70000087&S=50000092
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 46,000 customers and millions of 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.
For more information on Genio, go to: http://connectivity.hummingbird.com/products/nc/genio.html
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 Livelink 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, 2007. 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 © 2007 by Open Text Corporation. LIVELINK ECM 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.
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