OpenText Proud to Be Named One of Canada's Top 100 Employers

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Open Text Corporation

Oct 21, 2013, 09:01 ET

Canada's largest software company and the global leader in Enterprise Information Management is chosen by Mediacorp for offering employees an exceptional workplace

WATERLOO, Ontario, Oct. 21, 2013 /CNW/ - OpenText™ (NASDAQ: OTEX, TSX: OTC), the global leader in Enterprise Information Management (EIM), today announced it has been recognized by Mediacorp Canada, Inc., as one of the "Top Employers in Canada" for 2014.

As part of the "Canada's Top 100 Employers" project, the national competition awards Canadian employers for their leadership in the creation of exceptional workplaces for employees. OpenText's selection as one of the Top 100 Employers in Canada was announced in a special section of The Globe and Mail today.

"Our employees thrive on the discovery of new opportunities, the benefits of collaboration, and the excitement of innovation. They want to leverage their knowledge and creativity to help our over 50,000 global customers take full advantage of the power of enterprise information management," said Mark J. Barrenechea, President and CEO, OpenText. "We are honored to have been selected as one of Canada's Top 100 Employers. I am very proud of our employees and am pleased that OpenText continues to be a place where people are excited to work, learn and grow their careers. We look forward to continuing our role as a leading Canadian employer for many years to come."

To develop this year's Top 100 list, Mediacorp examined the recruitment histories of over 75,000 employers across Canada that it tracks for its widely-used job search engine, Eluta.ca. From this initial group, editors invited 25,000 employers across the country that created new opportunities in the past year. Employers completed an extensive application process that included a detailed review of their operations and HR practices, comparing them to others in their industry and region.

OpenText offers the stability of a blue chip and the spirit of a start-up. While it is big in many ways, the company has maintained an entrepreneurial culture common to many technology company "start-ups." It is viewed as a great place to work based on its focus on its employees, flexible work policies, competitive compensation and benefits programs, and the collaborative culture that the company maintains internally while being very competitive in the marketplace.

The diversity of the company's global workforce is also a key advantage, helping to foster innovative products and solutions for the company's customers. OpenText employs individuals of varied backgrounds, life experiences, and different perspectives. In addition, through attractive work environments and participative leadership, the company encourages employees to express their ideas and points of view to help address customer and business issues and opportunities.

"As the years go by, I increasingly believe that it really comes down to a question of leadership. Winning organizations consistently have leaders who recognize the importance of becoming an employer-of-choice, making it part of their organization's DNA from the shop floor to the boardroom," said Richard Yerema, author of Canada's Top 100 Employers and editorial manager of the competition at Mediacorp Canada Inc. "From company-paid pension plans to issues such as vacation allowances and family-friendly maternity leave, today's job seekers are more aware that significant differences exist among different employers in an industry. Leaders at the winning organizations have recognized this change and understand that their organizations need to improve constantly to attract and retain the best and brightest."

OpenText will be honored along with other employers selected for this year's list at a gala reception to be held at Toronto's Four Seasons Hotel on November 13, 2013. This year's conference features former U.S. Secretary of State Hillary Rodham Clinton plus an amazing line-up of speakers and case studies organized around themes Mediacorp be exploring for next year's competition. For further information, please visit: http://www.EmployerSummit.ca

Learn more about OpenText EIM:

About Mediacorp Canada
Founded in 1992, Mediacorp Canada Inc. is the nation's largest publisher of employment periodicals and guides. For 15 years, the Toronto-based publisher has managed the annual Canada's Top 100 Employers project, which includes 20 regional and special-interest editorial competitions that reach over 13 million Canadians through a variety of magazine and newspaper partners. The company operates the popular job search engine, Eluta.ca, which brings jobseekers new job postings directly from employer websites and exclusive editorial reviews from the Canada's Top 100 Employers project. Last year, more than five million Canadians used Eluta.ca, performing eight million monthly job searches.

About OpenText
OpenText provides Enterprise Information Management software that helps companies of all sizes and industries to manage, secure and leverage their unstructured business information, either in their data center or in the cloud. Over 50,000 companies already use OpenText solutions to unleash the power of their information. To learn more about OpenText (NASDAQ: OTEX; TSX: OTC), please visit: www.opentext.com.

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.

Copyright ©2013 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/2/global/site-copyright.html_SKU.

SOURCE: Open Text Corporation

Peter Gorman, OpenText, +1 617-669-4329, [email protected]; Jessica Mott, OpenText, +1-289-684-1756, [email protected]

http://www.opentext.com

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Open Text Corporation