Coca-Cola Bottling Co. Consolidated Selects Open Text's Livelink ECM Solution to Manage Financial Controls



    Company Streamlines Internal Controls Reporting To Help with Sarbanes
    Oxley Compliance

    CHICAGO, IL, Oct. 30 /CNW/ - Open Text(TM) Corporation (NASDAQ:   OTEX,
TSX: OTC), a global leader in enterprise content management (ECM), said today
that Coca-Cola Bottling Co. Consolidated (NASDAQ:   COKE) will extend its
Livelink ECM solution with Livelink ECM - Internal Controls to manage the
company's financial information and help address Sarbanes-Oxley Act
compliance.
    Based in Charlotte, North Carolina, Coca-Cola Bottling Co. Consolidated
(CCBCC) is the U.S.'s second largest bottler of Coca-Cola and other well-known
consumer soft drinks. Founded more than 100 years ago, the Company is a leader
in the manufacturing, marketing and distribution of soft drinks. CCBCC
operates today in 11 U.S. states, managing territories with a consumer base of
18.7 million people. The company's 6,000 employees operate five production
centers, and 47 sales and distribution centers.
    Extending its existing Livelink ECM document management system with
Livelink ECM - Internal Controls was an easy and cost effective way of
creating a company-wide compliance platform for documenting and testing the
Company's internal controls over financial reporting.
    "Like any large company, we're focused on the best ways to manage
compliance and improve our business," said Christa Arnett, at CCBCC. "Open
Text offered us the advantage of being able to extend our current Livelink ECM
document management solution with integrated corporate governance
capabilities. With our new solution, we can reduce the cost and complexity of
compliance activities through a unified system with processes for internal
controls built right into our document management platform."
    Open Text's solution helps CCBCC document controls and policies, automate
certification processes, automate the testing of critical controls, and
improve the internal reporting of Section 404 compliance efforts. By using
Livelink ECM, CCBCC eliminates the costs of multiple compliance applications
and speeds deployment.
    Arnett added, "Livelink ECM is much more than a solution for testing
internal controls in compliance with Sarbanes Oxley section 404. Livelink ECM
provides a scalable platform with fundamental capabilities like document
management, electronic forms, and workflow."
    "Internal controls and corporate governance are ultimately about running
a better business," said John Wilkerson, Executive Vice President of Global
Sales, Services and Support at Open Text. "This is clearly the focus for
CCBCC. Having a better understanding of the controls which do and do not
significantly impact financial statements contributes to a better overall
understanding of the business and its operations."
    Aimed at the corporate governance demands of large, global companies,
Livelink ECM - Internal Controls offers a centralized, enterprise-wide system
to manage internal controls information, including the ability to automate
processes and internal reporting. The solution is based on Open Text's
Livelink ECM suite, which provides a broad platform for managing enterprise
compliance, so customers can bring internal controls processes into a broader
compliance strategy.
    The solution combines powerful corporate governance tools, including a
complete "controls library" to maintain all information on internal controls
and risk mitigation; controls testing and self assessments; issues remediation
and task management; audit trails; employee certifications; and reporting.
Other key features include workflow and e-mail integration to manage key
processes involved in the certification of internal controls. The solution
also allows internal control tests, assessments, deficiencies and remediation
plans which can be assigned, reviewed and monitored throughout a company's
financial reporting period. Using this information, executives can monitor and
generate reports at any time regarding the progress of testing, the status of
deficiencies and their remediation, and the state of their internal controls.
An added benefit is that this information is locked to a financial reporting
period, providing a comprehensive archive of past activities.
    For more information on Open Text's Livelink ECM - Internal Controls
solution, go to
<a href="http://www.opentext.com/2/sol-products/sol-pro-compliance-governance/pro-app-internal-controls-compliance.htm">http://www.opentext.com/2/sol-products/sol-pro-compliance-governance/pro-app-i</a>
<a href="http://www.opentext.com/2/sol-products/sol-pro-compliance-governance/pro-app-internal-controls-compliance.htm">nternal-controls-compliance.htm</a>

    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(TM) 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.

    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 (C) 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.





For further information:

For further information: Rich Maganini, Open Text Corporation, (847)
267-9330, x4266, rmaganin@opentext.com; Michele Stevenson, Open Text
Corporation, (519) 888-7111, x2594, mstevens@opentext.com; Brian Edwards,
McKenzie Worldwide, (503) 577-4583, briane@mckenzieworldwide.com


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