Open Text to Engage with Government, Business, Academic Leaders on Canada's Future in Digital Media



    
    As Title Sponsor of Canada 3.0 Forum and Canada's Largest Software
    Company, Open Text Joins Conversation on Canada's Digital Media Strategy
    

    WATERLOO, ON, June 3 /CNW/ - Open Text(TM) Corporation (NASDAQ:   OTEX,
TSX: OTC), a global leader in Enterprise Content Management (ECM), today
announced that the company will be engaging with leading government, business
and academic leaders at the inaugural Canada 3.0 Forum taking place June 8-9
at the University of Waterloo's Stratford Institute. Open Text Executive
Chairman and Chief Strategy Officer Tom Jenkins will deliver the opening
keynote joining a comprehensive list of more than 60 speakers that includes
the Honorable Tony Clement, Minister of Industry, the Honorable John
Wilkinson, Minister of Research and Innovation, and David Johnston, President
of the University of Waterloo.
    The digital media sector globally is one of the fastest growing
industries in the knowledge economy with a forecast of double-digit growth
rates over the next five years and is expected to reach US $2 trillion,
according to research firm PricewaterhouseCoopers. Canada has an opportunity
to provide an enormous boost for the organizations and businesses that work in
the digital space and that seek to create companies, jobs, products and
services tied to both the digital economy and to Canada. This opportunity is a
major factor driving the forum itself and Open Text's support of the event as
title sponsor.
    "It is hard to over emphasize the significance that digital media and
mobile technologies can have in ensuring a bright and successful future for
Canada," Jenkins said. "Emerging technologies are driving fundamental cultural
shifts and Canada must keep pace with this digital revolution. The Canada 3.0
Forum is an important step forward to driving and shaping Canada's future in
digital media."
    The Canada 3.0 Forum is expected to attract more than 1,000 people from
all over Canada to the two day conference including government, business and
academic leaders. The two days will be devoted to interactive breakout and
priority setting sessions. Facilitators will lead discussions and encourage
the identification of national priorities and development of key stages in a
Canada-wide strategy for international competitiveness in the digital media.
For more details on the forum, go to http://canada30.uwaterloo.ca/.
    The Canada 3.0 Forum is being organized by the Canadian Digital Media
Network (CDMN) and the University of Waterloo's Stratford Institute
(http://tinyurl.com/rdrute). The CDMN (http://tinyurl.com/azjlrp) was
established earlier this year through funding from the federal government
among others to link Canada's digital media clusters from coast-to-coast,
creating a digital convergence corridor and accelerating collaboration between
researchers, implementers and entrepreneurs.
    UW's Stratford Institute is a think-tank, integrator and training
institute devoted to collaboration between digital media, international
commerce and culture. The Stratford Institute was established through funding
from the Government of Ontario, Open Text and the City of Stratford.
    With revenues approaching $1 billion annually, Open Text has emerged as
the largest software company in Canada as well as the largest independent ECM
software vendor. As part of an ongoing investment program in research into
digital content management, Open Text announced the contribution of funding,
technology and services to establish the Open Text Centre for Digital Media
Research at the Stratford Institute.
    "We're still at the very early stages of the digital media revolution.
There are major opportunities in healthcare, energy, finance, education,
manufacturing and many other sectors," Jenkins added. "Open Text is
well-positioned to exploit these opportunities from our base in core ECM
technology and history of collaboration to assist in helping Canada emerge as
a global leader in this critical area."

    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 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
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others, the failure to develop new products, risks involved in fluctuations in
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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: Michele Stevenson, Open Text Corporation, (519)
888-7111 ext. 2594, mstevens@opentext.com; Stephanie Fazio, Open Text
Corporation, (416) 464-8414, sfazio@opentext.com; Brian Edwards, McKenzie
Worldwide, (503) 577-4583, briane@mckenzieworldwide.com


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