Fortune Magazine Ranks Open Text 15th Among World's Fastest-Growing Companies



    
    Ranks 6th in the World Among Tech Companies; Fortune's List of
    100 Fastest-Growing Companies Based on Revenue Growth, Profitability
    

    WATERLOO, ON, Aug. 27 /CNW/ - Open Text (TM) Corporation (NASDAQ:   OTEX,
TSX: OTC), a global leader in Enterprise Content Management (ECM), has earned
a spot on Fortune's 2009 List of the 100 Fastest-Growing
Companies(http://tinyurl.com/lre2cv), ranking 15th overall and 6th on the
list's breakdown of fastest-growing tech companies.
    Companies on the list, described by Fortune as "the world's supercharged
performers," are ranked based on an analysis of profit and revenue growth rate
and total return over a three-year period. To qualify, each company must be
traded on a major U.S. stock exchange, have a minimum market capitalization of
$250 million and have revenue of at least $50 million. Open Text realized a
three-year profit increase of 132 percent and revenue growth of 27 percent for
the same time period.
    Open Text is the world's largest independent provider of ECM software.
The world's largest corporations and government agencies depend on Open Text's
solutions to manage a wide range of information -- documents, vital records,
Web content, digital media and email - as well as related business processes
and employee collaboration.
    "We're proud to be included in Fortune's ranking," said John Shackleton,
President and Chief Executive Officer of Open Text. "ECM has continued to grow
as a strategic requirement in global organizations. We have worked over the
last few years to build our global leadership in ECM and offer the latest
solutions that help customers use the power of their content to improve their
business."
    To view the entire list, visit
http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2009/index.html.

    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
50 million 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 Harbour 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 Open Text ECM Suite 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, 2008. 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) 2009 by Open Text Corporation. OPEN TEXT and the OPEN TEXT
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.





For further information:

For further information: Richard Maganini, Open Text Corporation, (847)
961-0662, rmaganin@opentext.com; Stephanie Fazio, Open Text Corporation, (519)
888-7111, x2429, sfazio@opentext.com; Greg Secord, Open Text Corporation,
(519) 888-7111, x2408, gsecord@opentext.com


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