Open Text Selected by Citrix Systems to Optimize Accounts Payable Processes



    
    Trusted Partnership with SAP, Leadership in Accounts Payable Solutions
                               Were Key Factors
    

    CHICAGO, Aug. 11 /CNW/ - Open Text(TM) (NASDAQ:   OTEX, TSX: OTC), a global
leader in enterprise content management (ECM), today announced that Citrix
Systems, Inc., the global leader and the most trusted name in application
delivery infrastructure, has selected Open Text as the solution provider to
help Citrix manage content from Accounts Payable (AP) and reduce invoice
processing costs.
    More than 215,000 organizations worldwide rely on Citrix solutions,
including all Fortune 100 companies, and hundreds of thousands of small
businesses. With thousands of transactions to manage and a need for more
control and efficiency in AP processes, Citrix sought a solution that would
optimize AP workflow to improve overall speed, control and visibility of its
operations as well as extract additional value from its investment in SAP(R)
solutions.
    The solution is designed to accurately and quickly resolve AP issues,
such as duplicate payments, lost discounts and ineffective collaboration by
providing complete process control from invoice receipt to payment. With a
well functioning AP process that includes advanced, pre-built and
best-practice SAP workflows, Citrix could significantly improve its vendor
relationships. The teams from Open Text and SAP represent a reliable, trusted
partnership of software experts fully equipped to serve Citrix, as they do
globally for thousands of joint customers with an AP optimization project.
    "The key factor in selecting Open Text's solutions was ease of
integration with our existing SAP solutions-based environment," said Jeffrey
Ahern, Senior Accounting Manager, Citrix Systems. "No other solution providers
were better positioned than the Open Text and SAP teams to support Citrix
Systems with our AP project. They brought the right combination of technology
and expertise."
    "AP is about getting the bills paid, yet, generating invoices and
collecting payments has traditionally been a labor-intensive process. Paper
invoices and related documents result in money and time wasted on filing,
retrieving, copying, mailing or searching for misplaced, misfiled paper," said
Patrick Barnert, Vice President, SAP Solutions Group at Open Text. "Without an
effective process solution it is virtually impossible to generate metrics that
reduce costs and improve compliance. Our AP solutions offer powerful
capabilities that streamline and automate the invoice handling process, and
thus eliminate issues that drive up costs linked to each AP transaction."
    Open Text is recognized globally for ECM solutions that help companies
improve their accounts payable operations. In April, 2008, an imaging and
workflow automation study released by PayStream Advisors, a specialized
consulting and research firm, concluded that Open Text has emerged as a clear
market leader with its AP solutions for use with applications from both SAP
and Oracle.

    Open Text Solutions for Use With SAP Applications

    Open Text is an industry leader in ECM solutions for use with SAP
solutions, leveraging two decades of partnership and co-development, and
expertise gained from delivering solutions to more than 2,700 SAP customer
sites around the world. Open Text's well-established products offer a complete
range of capabilities for managing and archiving business documents
-incoming/outgoing invoices, orders, delivery notes, quality certificates,
human resources documents - that originate from customers' SAP applications.
Open Text's solutions for use with SAP applications help customers improve
efficiency in key processes, manage compliance, consolidate IT systems and
reduce costs. Open Text is an SAP software solution partner with products that
have certified integrations with SAP applications. Open Text is also the only
ECM vendor with solutions that are resold by SAP.
    For more information on Open Text AP solutions go to:
http://www.opentext.com/2/sol-business/sol-bus-finance/sol-bus-finance-account
s-payable.htm

    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) 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. SAP and
all SAP logos are trademarks or registered trademarks of SAP AG in Germany and
in several 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 Dodge, Open Text
Corporation, (519) 888-7111, x2429, sdodge@opentext.com; Brian Edwards,
McKenzie Worldwide, (503) 577-4583, briane@mckenzieworldwide.com


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