Open Text Acquires Vizible Corporation



    
    Adds Vizible's Powerful Rich Media Publishing, Content Syndication
    and Analytics Tools to its Digital Media Capabilities in the Open
    Text ECM Suite
    

    WATERLOO, ON, April 8 /CNW/ - Open Text(TM) (NASDAQ:   OTEX, TSX: OTC), a
global leader in Enterprise Content Management (ECM), announced today that it
has acquired Toronto-based Vizible Corporation, a privately held maker of
award-winning digital media interface solutions delivered via an innovative
publishing platform that enables cutting-edge syndication and analytics. The
addition of Vizible expands Open Text's fast growing set of Digital Media
solutions, which helps companies manage rich-media content such as video,
audio, graphics and photography.
    Vizible's solutions will give Open Text a strong set of digital media
solutions that fit today's social media applications, providing unique
capabilities to marketers and advertisers, as well as media and entertainment
organizations looking for new ways to extend the value of their intellectual
property in a social media world.
    "Social media is driving demand for richer online experiences, including
video and more engaging visual elements -- there's greater demand for content
owners to deliver these in order to set themselves apart," said Scott Bowen,
President of Open Text's Digital Media Group. "Our acquisition of Vizible adds
powerful tools and digital media expertise to the Open Text ECM Suite, and
will play a central role in the development of new, innovative digital and
social media solutions."
    Vizible's solutions provide the ability to create a rich, 3-D navigation
experience for traditional media, and the ability to deliver content across a
range of display devices. The presentation of content is driven by rules that
users can personalize so that each viewer's experience can be different.
Vizible's solutions tie well with the ever changing world of multi-platform
content consumption across the web -- via cell phones, PDAs, and Web browsers
- and the need to provide a consistently superior experience to viewers no
matter where or how they're accessing content.
    The Vizible solution also allows customers to easily syndicate their rich
media content to consumers, business customers or supply chain partners using
an open-standards platform. Using Vizible, for example, a company can create
rich media widgets that can deliver videos, photos or other branded content.
Companies can use the solution to offer easily embeddable, branded rich media
content on a wide range of sites, from partner or retailer sites, to Facebook,
to blogs. As customers syndicate their content, they are also able to maintain
control and leverage an inherent set of analytic capabilities Vizible offers
in its solutions.
    "At Vizible we worked to give customers the best of both worlds: the
ability to create and easily offer rich visual experiences for their
audiences, while retaining control and providing quality usage data," said
Anthony Gallo, former Founder and Chief Technology Officer of Vizible, who
will join Open Text as Vice President of Digital Media Experiences. "We're
excited about the opportunities afforded at Open Text, where we will be able
to build on the work we've done and integrate our solutions to complement the
broader portfolio of Open Text digital media, social media and ECM offerings."
    As part of the acquisition, Open Text will add the Vizible team to the
company's Digital Media Group. Vizible employees will remain in the Toronto
area at Open Text's Richmond Hill, Ontario office.
    Open Text is a leader in enterprise Digital Asset Management (DAM)
solutions, offered as part of the Open Text ECM Suite. The solutions bring a
depth of experience around rich media workflows and capabilities. Open Text's
award-winning and proven DAM solutions are the choice of leading companies
around the world, including BBC, Walmart, Time, Discovery Communications,
Paramount, HBO and many more. For more information about the Open Text Digital
Media Group, go to: http://digitalmedia.opentext.com.

    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 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 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, 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)
267-9330 ext.4266, rmaganin@opentext.com; Stephanie Fazio, Open Text
Corporation, (519) 888-7111, ext.2429, sfazio@opentext.com; Brian Edwards,
McKenzie Worldwide, (503) 577-4583, briane@mckenzieworldwide.com


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