OpenText Receives 2016 SAP® Pinnacle Award: Application Innovation Partner of the Year

WATERLOO, Ontario, May 17, 2016 /CNW/ --OpenText™ (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), today announced that it has received the 2016 SAP® Pinnacle Award for Application Innovation Partner of the Year, which recognizes its outstanding contributions as an SAP partner. SAP presents these awards annually to the top partners that have excelled in developing and growing their partnership with SAP and helping customers run better. Winners and finalists in 19 categories were chosen based on recommendations from the SAP field, customer feedback and performance indicators in the following umbrella categories: Build, Service, and Sell with each category including a Customers' Choice award, which recognizes a customer-nominated SAP partner.

"This is the 9th consecutive year that OpenText has received a Pinnacle award, a record of which we are enormously proud," said Adam Howatson, CMO at OpenText. "As companies establish new technology platforms like SAP S/4HANA, Fiori, SAP Hybris, SAP SuccessFactors or SAP Ariba solutions, they need strategies to manage old and new data and digital content. Our mutual customers benefit from our ongoing roadmap alignment and co-innovation with SAP to ensure a smooth transition to the digital world."

Through the OpenText and SAP partnership, customers have made dramatic improvements across a wide range of areas that positively impact relationships with their customers, employees, partners, suppliers and regulatory agencies. SAP Solution Extensions are part of the OpenText EIM strategy, enabling organizations to discover and manage information to spur growth and innovation and decrease time to competitive advantage.

Kevin Ichhpurani, executive vice president of SAP Strategic Business Development & Global Ecosystem added, "The SAP Pinnacle Award winners represent the very best in our partner community, and we congratulate OpenText for a well-deserved 2016 SAP Pinnacle Award."

SAP Pinnacle Awards shine a spotlight on SAP's partners' remarkable contributions, acknowledging their dedication to teamwork, innovative approach and capacity to challenge what is possible to help customers achieve their goals.  Award winners will be formally recognized at the SAP Global Partner Summit being held on May 16, in conjunction with SAPPHIRE® NOW, SAP's international customer conference being held in Orlando, Fla., May 17–19.

About OpenText
OpenText enables the digital world, creating a better way for organizations to work with information, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTC) visit opentext.com.

Connect with us:

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SAP Forward-Looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

Copyright ©2016 Open Text Corporation. OpenText is a trademark or registered trademark of Open Text SA and/or Open Text ULC. The list of trademarks is not exhaustive of other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text SA or other respective owners. All rights reserved. For more information, visit: http://www.opentext.com/who-we-are/copyright-information

SAP, Hybris, SAP HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.

All other product and service names mentioned are the trademarks of their respective companies.

Logo - http://photos.prnewswire.com/prnh/20130730/CL55531LOGO

SOURCE Open Text Corporation

For further information: Tim Brook, OpenText, +44 118 984 8022, publicrelations@opentext.com; Sonya Mehan, Investor Relations, OpenText, 519-888-7111 x2446, smehan@opentext.com; Katie Carbone, Weber Shandwick, 1 617-520-7135, kcarbone@webershandwick.com, http://www.OpenText.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890