Announcement Extends Open Text's Leadership in the Worldwide Market for
Records Management; Continues its Close Collaboration with SAP
PALO ALTO, CA, and CHICAGO, April 18 /CNW/ - Open Text(TM) Corp. (NASDAQ:
OTEX, TSX: OTC), the largest independent provider of enterprise content
management (ECM) software and solutions, today announced Livelink ECM(TM) -
Records Management for use with SAP(R) applications. This latest Open Text
records management offering, endorsed by SAP AG (NYSE: SAP), will be marketed
and supported by SAP and Open Text. U.S. federal government customers of SAP
and Open Text will now have a fully integrated solution to help them implement
comprehensive records management programs.
The news today marks the latest step by Open Text in its strategy to lead
the global ECM market to meet organizations' increasingly complex governance,
risk and compliance needs. The company has jumped ahead of the market in
records management recently with a portfolio of new solutions designed to give
customers what they say they most need in records management: The ability to
implement retention rules across content in multiple systems - from physical
paper records to content in SAP applications.
This latest offering provides a simple yet powerful means to apply
consistent retention rules to data in SAP applications. Customers can define
and deploy records management in a central repository, while supporting
multiple departments and SAP applications.
Already certified as a U.S. Department of Defense (DoD) 5015.2 STD
records management product combination, a critical requirement for records
management software, the solution offers numerous features designed for the
U.S. public sector. The companies will deliver unified records management
services to U.S. federal government customers to meet records management and
archival requirements, and to better integrate their enterprise processes with
multiple media sources, such as email, forms, documents, drawings and images.
"Our government customers require technologies that help them
consistently manage and archive ERP data and unstructured content from a
single well-integrated platform," said Patrick Bakey, President of SAP Public
Sector Americas. "Working closely with Open Text, we are able to meet this
demand with a certified records management solution that is tightly integrated
with our public sector offerings."
The solution for use with SAP applications offers a complete set of
capabilities to support records management requirements as specified by DoD
5015.2, as well as the U.S.'s Federal Enterprise Architecture Records
Management profile (FEARM). These capabilities include:
- Retention Schedules (Record Series Identifiers) - A system for
keeping records as long as required, or determined by the
- File Plans and Classification (automatic and interactive) - A system
for ensuring records are identified, whether email or written
correspondence, ERP content or formal contracts.
- Dispositions - Ensures records are destroyed in a timely and
- Hold Management - Safeguards to protect records from deletion.
- Vital Records - Validates that critical records are managed and
- Physical Records Management - Facilities for circulation management,
barcode creation/printing, and location tracking.
"As requirements for record retention have intensified, public sector
customers expect new levels of collaboration from their vendors," said Bailey
Spencer, who heads Open Text Public Sector business at Open Text. "We are
working closely with SAP because we see tremendous value to our customers in
coupling world-class SAP applications for the public sector with our
industry-leading records management and archival solutions."
The records management solution adds to Open Text's portfolio of ECM
software for use with SAP applications, including offerings for accounts
payable and receivable processing, customer information management, employee
document management and contract management; solutions that help companies
create secure, long-term archiving of content in SAP applications; and
solutions for consolidating and archiving content from multiple legacy
About SAP-Endorsed Business Solutions
SAP-endorsed business solutions are complementary to SAP(R) software
offerings, are developed in accordance with SAP development guidelines, and
provide additional choices and flexibility for businesses running SAP
software. SAP-endorsed business solutions are powered by the SAP NetWeaver(R)
platform and are offered by SAP partners.
Open Text -- Records Management Leadership
Open Text has been a long-time leader in records management. Recently,
Open Text was one of only three companies to receive a "Strong Positive"
rating for its record management solutions by Gartner Inc. in its
"MarketScope(*) for Records Management, 2007", authored by Research Vice
President Kenneth Chin and dated January 30, 2007. In March, Forrester
Research named Open Text a leader in The Forrester Wave(TM): Records
Management, Q1 2007, published on March 14, 2007 and authored by Barry Murphy
with Connie Moore. The company's Livelink ECM - Records Management solution
was one of only three solutions to be named leaders of 12 solutions included
in the study.
Open Text was the first to receive the DoD's certification for classified
records, called Chapter 4 certification, in 2002. Open Text was also recently
the first to introduce a DoD certified records management solution for
Microsoft Office SharePoint Server 2007. In addition to its DoD
certifications, Open Text's records management solutions are also certified
under the United Kingdom's TNA regulations and Australia's VERS regulations.
Open Text is continuing its innovation in records management with
Livelink ECM 10, the next major release of its market-leading ECM suite being
rolled out this year. Livelink ECM 10 includes Enterprise Library Services, a
new offering that integrates enterprise records management, archiving,
metadata management and search capabilities. The Enterprise Library lets
customers manage retention strategies for content stored in Livelink ECM,
major enterprise applications, email, file systems, and other repositories.
For more information on Livelink ECM - Records Management for use with
SAP(R) Solutions go to:
m. Open Text and SAP will host a webcast titled Bringing Records Management to
SAP on May 17. For more information, go to:
About Open Text
Open Text(TM) is the world's largest independent provider of Enterprise
Content Management 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
(*)The MarketScope is copyrighted January 30, 2007 by Gartner, Inc. and is
reused with permission. The MarketScope is an evaluation of a marketplace at
and for a specific time period. It depicts Gartner's analysis of how certain
vendors measure against criteria for that marketplace, as defined by Gartner.
Gartner does not endorse any vendor, product or service depicted in the
MarketScope, and does not advise technology users to select only those vendors
with the highest rating. Gartner disclaims all warranties, express or implied,
with respect to this research, including any warranties of merchantability or
fitness for a particular purpose.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
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
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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.
SAP, mySAP, SAP NetWeaver and other SAP products and services mentioned
herein as well as their respective logos are trademarks or registered
trademarks of SAP AG in Germany and in several other countries all over the
For further information:
For further information: Margaret Dobbin, Director, Industry Analyst
Relations, Open Text Corporation, (519) 888-7111 ext.2410,
email@example.com; Richard Maganini, Director, Corporate Communications,
Open Text Corporation, (847) 267-9330 ext.4266, firstname.lastname@example.org; Brian
Edwards, McKenzie Worldwide, (503) 577-4583, email@example.com