Open Text and Captaris merger completed



    WATERLOO, ON, and BELLEVUE, WA, Oct. 31 /CNW/ - Open Text Corporation
(NASDAQ:   OTEX, TSX: OTC) a global leader in Enterprise Content Management
(ECM), and Captaris, Inc. (NASDAQ:   CAPA), a leading provider of software
products that automate document-centric processes, today announced the
completion of the merger of Captaris with a wholly-owned subsidiary of Open
Text Inc. The merger was approved by the shareholders of Captaris at a special
meeting held earlier today. As a result of the merger, Captaris became a
privately-held company, wholly-owned by Open Text and its subsidiaries.
    "With the merger now complete, we are in an excellent position to take
advantage of the opportunities that lie before us as a combined company," said
John Shackleton, President and Chief Executive Officer at Open Text. "Captaris
strengthens our position as the ECM market's independent leader and broadens
the suite of solutions we offer that integrate with SAP, Microsoft and Oracle,
our three strategic partners."
    Shares of Captaris's common stock, which prior to the merger traded on
the Nasdaq Global Market under the symbol "CAPA," are in the process of being
delisted from trading.

    About Open Text

    Open Text(TM) is the world's largest independent provider of Enterprise
Content Management (ECM) software. The company's solutions manage information
for all types of business, compliance and industry requirements in the world's
largest companies, government agencies and professional service firms. Open
Text supports approximately 46,000 customers and millions of users in 114
countries and 12 languages. For more information about Open Text, visit
www.opentext.com.

    About Captaris, Inc.

    Captaris, Inc. is a leading provider of software products that automate
document-centric business processes. Captaris specializes in document capture,
recognition, routing, workflow and delivery. Captaris integrated solutions
provide interoperability with leading line of business applications and
technology platforms. Captaris products include Captaris Workflow, Alchemy,
DOKuStar, RecoStar, and Single Click Entry which are distributed through a
global network of leading technology partners. Captaris customers include the
entire Fortune 100 and the majority of Global 2000 companies. For more
information about Captaris please visit: www.captaris.com.

    Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995

    This news release may contain forward-looking statements relating to the
acquisition of Captaris, 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 Open Text's customers, demand for Open Text's products and other
risks detailed from time to time in Open Text'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 neither Captaris nor Open Text undertake any
obligations to update forward-looking statements should circumstances or
management's beliefs or opinions change.

    Copyright(C) 2008 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: Paul McFeeters, Chief Financial Officer, Open
Text Corporation, (905) 762-6121, pmcfeeters@opentext.com; Greg Secord,
Vice-President, Investor Relations, Open Text Corporation, (519) 888-7111
ext.2408, gsecord@opentext.com; Rich Maganini, Director, Corporate
Communications, Open Text Corporation, (847) 267-9330 ext.4266,
rmaganin@opentext.com


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