Open Text Unveils Corporte Portal Strategy to Take Customers Beyond Knowledge Management

Business Wire, April 13, 1999

ATLANTA--(BUSINESS WIRE)--April 13, 1999--

New Corporate Portal Software, MyLivelink, Advances

An Organization's Ability to Reach HyperInnovation

AIIM 99(Booth # 2327)--Open Text (TM) Corporation (NASDAQ:OTEX)(TSE:OTC) today announced its strategy to enable HyperInnovation(TM) among the world's largest corporations, taking its knowledge management strategy to the next level. As a key part of this strategy, Open Text announced the next evolution of its Livelink(R) product family, MyLivelink(TM), the first of its kind collaborative corporate portal for the enterprise.

"Today's Global 2000 companies have no choice but to adapt to the rapid pace of change brought on by constant new advancements in their industries," said Ian Campbell, Vice President, International Data Corporation. "By organizing the flow of information to the user, Open Text's MyLivelink allows companies to improve decision-making, product development and time-to-market, accelerating innovation to the fastest possible speed."

By deploying Livelink, Open Text's customers are already on the road to HyperInnovation with collaborative intranet, enterprise, or extranet applications. The addition of MyLivelink, as a collaborative corporate portal, will take customers one step further by enabling users to automatically create a single, personalised interface for accessing internal corporate knowledge as well as external information. MyLivelink adds new value by combining the type of personal information that is commonly available on existing consumer portals, with other external information such as specialized subscription feeds, live news feeds and Web content which is pre-sorted into industry categories by Open Text's automated agent technology.

"Rapid change and overwhelming volumes of information have become the norm in our industry. Fast, structured, reliable access to this information is critical for effective business decision-making. Open Text's collaborative knowledge management solutions exemplify the elements that are key to the solid foundation we need to build our on-line information systems," said Andrew Moizer, senior manager software tools and production, Optical Networks, Nortel Networks. "Moving forward, we are confident that Open Text will provide vision and products that will unify access to all information sources and automatically deliver powerful personalized views to the desktop."

MyLivelink will provide customizable search, navigation and access to industry-specific categories of business content on the Web. The first industry category within MyLivelink will be telecommunications, which will be closely followed by other industries such as high-tech manufacturing, financial services and many others.

"By providing a unified user interface to information repositories, both inside and outside the corporate firewall, MyLivelink is the next logical step toward HyperInnovation," said Tom Jenkins, Chief Executive Officer, Open Text Corporation. "As the first collaborative corporate portal, MyLivelink empowers users to make faster and better-informed decisions, increasing productivity and further strengthening competitive advantage."

About Open Text

Open Text Corporation's software and services enable the world's largest companies to move "Toward HyperInnovation"(TM) by leveraging the global reach and openness of collaborative intranet, enterprise and extranet applications. Open Text has a worldwide installed base of 2.5 million users in 3,500 corporations. Open Text's dramatic growth has been fueled by the rapid market acceptance of its innovative collaborative knowledge management system, Livelink. The company has been named the growth leader by the Delphi Group and the market share leader by International Data Corporation. Further information about the company, its products and services, and its partners and customers can be found at http://www.opentext.com.

Livelink is a registered trademark and Open Text, HyperInnovation, Toward HyperInnovation and MyLivelink are trademarks of Open Text Corporation. All other trademarks are the property of their respective companies.

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 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 Form 10-K for the year ended June 30, 1998, and Form 10-Q for the quarters ended September 30, 1997, December 31, 1997, March 31, 1998 and September 30, 1998 and December 31, 1999. 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.