WATERLOO, ON, April 5 /CNW/ - OpenText (NASDAQ: OTEX, TSX: OTC) has been
ranked Canada's top software company for the third consecutive year by
the Branham Group, a leading Canadian industry analyst and strategic
consulting firm serving the global information technology marketplace.
"OpenText is really a homegrown Canadian success story, given that the
company evolved from an ambitious project at the University of Waterloo
initiated 20 years ago," said John Shackleton, Chief Executive Officer
at OpenText. "We're delighted to have become one of Canada's flagship
high-tech companies, and to be named the top software company again
The Branham300 has highlighted the top Canadian and multinational ICT
companies operating in Canada, as ranked by revenue, for almost 20
years. "OpenText leads the Canadian Software sector on the Branham300
again this year, closing yet another year of positive growth," today's
Branham300 announcement states.
OpenText's growth is reflected in the expansion of its headquarters
location in Waterloo which when completed this summer more than doubles
the capacity at the facility. The company now operates in 114 countries
serving millions of software users worldwide and partnering with
companies like Microsoft, SAP and Oracle. OpenText is focused on
providing social networking software that is secure and robust enough
for use behind corporate firewalls; mobile solutions to ensure that
content can be accessed everywhere; and advanced content analytics
technology to improve search and Web user experience. OpenText was the
first company ever to provide secure social networking collaboration
for world leaders at the Toronto and Korea G-20 Summits held in 2010 (http://www.opentext.com/2/global/press-release-details.html?id=2384).
"OpenText is helping enterprises globally manage content challenges,
something that is becoming increasingly critical in a digital world,"
said Shackleton. "When meeting with our customers throughout the world,
we find that the role of enterprise content management solutions has
never been more relevant for improved productivity and performance."
Follow developments on Twitter @OpenText and on Facebook at http://www.facebook.com/opentext.
About the Branham300
For nearly 20 years, the Branham300 has highlighted the top Canadian and
Multinational ICT companies operating in Canada, as ranked by revenues.
It illustrates the depth and breadth of innovative technologies
developed in Canada and is widely considered to be a leading source of
intelligence on Canada's ICT industry. The Branham300 list consists of
the following major categories:
Top 250 Canadian ICT Companies
The Next 50 Canadian ICT Companies
Top 25 ICT Multinational Companies operating in Canada
Top 25 Up and Comer ICT Companies (category ranked on innovation/not
The Branham300 is published annually in the April issue of Backbone
Magazine (www.backbonemag.com), as well as on the Branham300 website, www.branham300.com. Keep up to date with the Branham300 and Branham Group on twitter at @branhamgroup, through Branham's Newsletter, or RSS feed.
About Branham Group Inc.
Branham Group Inc. is a leading industry analyst and strategic
consulting firm servicing the global information technology
marketplace. Branham Group assists information technology companies and
related institutions in achieving market success through its custom
consulting services (Planning, Marketing and Partnering), and through
its multi-client research subscription programs (Digital Health and
Green IT). Branham also produces an annual listing of the top
information and communications technology (ICT) companies in Canada (www.branham300.com), tracks the Canadian Outsourcing industry (www.branhamoutsourcing.com) and monitors over 450 Digital Health vendors (www.branhamgroup.com/digitalhealth). For more information regarding Branham Group, please visit www.branhamgroup.com.
For further information, please contact:
Branham300 Coordinator & Research Analyst
613-745-2282 Ext. 122
OpenText, a global ECM leader, helps organizations manage and gain the
true value of their business content. OpenText brings two decades of
expertise supporting 100 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.
Certain statements in this press release may contain words considered
forward-looking statements or information under applicable securities
laws. These statements are based on Open Text's current expectations,
estimates, forecasts and projections about the operating environment,
economies and markets in which the company operates. These statements
are subject to important assumptions, risks and uncertainties that are
difficult to predict, and the actual outcome may be materially
different. Open Text's assumptions, although considered reasonable by
the company at the date of this press release, may prove to be
inaccurate and consequently its actual results could differ materially
from the expectations set out herein. For additional information with
respect to risks and other factors which could occur, see Open Text's
Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other
securities filings with the SEC and other securities regulators. Unless
otherwise required by applicable securities laws, Open Text disclaims
any intention or obligations to update or revise any forward-looking
statements, whether as a result of new information, future events or
Copyright © 2011 by Open Text Corporation. OPENTEXT and the OPENTEXT ECM
SUITE 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.
SOURCE Open Text Corporation
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