Open Text Introduces LegalKEY(R) Risk Indicator to Help Law Firms Address Conflict-of-Interest Issues

    First-of-its-Kind Solution Extends LegalKEY(R) Conflicts Management to
    Streamline Conflicts Reviews, Address Risk and Compliance Needs of Law

    CHICAGO, IL, March 28 /CNW/ - In the legal profession, one of the most
important steps before taking on new business is conducting a thorough
conflict of interest check. Failure to do so can lead to severe consequences
for a firm. Open Text(TM) Corporation (NASDAQ:   OTEX, TSX: OTC), the largest
independent provider of Enterprise Content Management (ECM) software and
solutions, today announced LegalKEY(R) Risk Indicator, a first-of-its-kind
solution that makes it easier for conflicts analysts at law firms to quickly
identify high-risk conflicts of interest.
    The new offering, which Open Text is demonstrating today at its LegalKEY
User Group Community Meeting in San Francisco, meets a critical need among law
firms, particularly large firms and those in merger situations, where firms
want the quickest way to find and manage the highest risk conflicts among an
enormous volume of potential conflicts that might be identified.
    LegalKEY(R) Risk Indicator, which is being offered as part of Open Text's
LegalKEY Conflicts Management(TM) solution, enables law firms to set up a risk
matrix and assign categorizations, such as "high risk potential," depending on
the matrix. This helps conflicts managers to quickly identify those conflict
"hits" that are the most critical to the firm. Hits that meet the criteria for
high risk can appear at the top of the conflicts report, so attorneys will see
the most important information first before reviewing the rest of the hits
that might not be as critical. With firm-defined fields and easy-to-navigate
views, these dynamic reports streamline the conflicts resolution process
significantly and improve the turn-around time for beginning billable work,
while protecting the firm from taking on problematic business.
    "With law firm mergers now commonplace in the legal industry, the volume
of data that a broad conflicts search generates can be overwhelming to both
the firm's attorneys and the conflicts staff. LegalKEY(R) Risk Indicator is
the only solution available today that helps users identify potential
conflicts without delay, as defined by the firm's risk threshold matrix," said
Mohit Thawani, Business Development Manager, Open Text Legal Solutions Group.
"This continues our history of innovation in the legal market, part of our
commitment to provide our law firm customers with leading-edge proactive
compliance capabilities."
    LegalKEY Conflicts Management provides thorough conflict of interest
searches against internal and external (e.g. OFAC/SDN) sources for optimal
firm protection. Firms can execute fast and efficient searches against
current, accurate and comprehensive data to identify any potential conflicts
and provide attorneys with succinct and relevant reports based on information
indexed in real-time.
    The Open Text solutions portfolio for law firms includes Livelink ECM -
eDOCS(TM) DM (formerly Hummingbird Enterprise DM) and LegalKEY New Business
Intake(TM), Conflicts Management, Records Management(TM) and Critical Dates
Management(TM) systems, all tailored specifically to the way that information
flows and is used in law firms. The end-to-end compliance platform satisfies
the most stringent requirements. Attorneys and support staff can focus on
matter-centric tasks, while compliance tools centralize and automate
governance processes to manage work product throughout the matter lifecycle.
More than 65 percent of the AMLAW 100, and nine of the top 10 global law firms
use Open Text legal solutions. For more information, visit:

    Upcoming Event
    Open Text will be holding Convergence V, the annual user conference for
LegalKEY customers, May 6 - 9, at the Sonoma Mission Inn and Spa in California
( Customers will have the opportunity to meet
with key members of the Open Text Legal Solutions Group, attend informative
sessions and panels, and network with their peers from around the world.
Attendees will preview new offerings and the expanded portfolio of proactive
compliance solutions for professional services firms. For more information
about the comprehensive agenda visit: Convergence V

    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

    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, 2006. 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) 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.

For further information:

For further information: Michele Stevenson, Senior Manager, Corporate
Communications, Open Text Corporation, (519) 888-7111 ext.2594,; Richard Maganini, Director, Corporate Communications,
Open Text Corporation, (847) 267-9330 ext.4266,; Brian
Edwards, McKenzie Worldwide, (503) 577-4583,

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