Open Text Named One of Canada's Top Employers for Young People

Canada's Largest Software Company Selected Based on Supportive Employee Programs

WATERLOO, ON, June 2 /CNW/ - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), Canada's largest software company and the preeminent global provider of Enterprise Content Management (ECM) software, has been chosen by the editors of Canada's Top 100 Employers as one of Canada's Top Employers for Young People. The selection process reviews company programs that attract and retain younger workers, and the competition is open to public and private sector companies headquartered or with principal operations in Canada.

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"Open Text is one of the fastest-growing high-tech companies in the world, and to support that growth we make every effort to attract top talent," said Eugene Roman, Chief Technology Officer at Open Text. "We strive to make our workplaces progressive and work to ensure we accommodate young talent, from mentoring post-graduate students, to enabling co-op terms at Open Text, to hiring new grads and providing appropriate career path support."

Roman models that philosophy through a personal mentorship program working with students from post-secondary facilities including the University of Waterloo, McMaster University and Conestoga College. At any given time, Roman has a cadre of up to 8 students with whom he works to share ideas, offer guidance on their career choices, and encourage them to be innovative thinkers.

"Today's workplace requires not only top talent trained in specific fields such as computer science and physics, but also creative thinkers who can apply innovative ideas to business opportunities. Intuitive design takes into consideration the end-user applications for the technology," Roman said.

It's that approach that will enable young people to flourish in the high-tech sector today, and that's why Roman, who is responsible for IT and Research & Development globally for Open Text, makes mentoring students a priority. Young talent is also cultivated at Open Text through an active co-op program for college and university students as well as a new grads program in the locations where Open Text operates globally. Other Open Text business leaders are involved with post-secondary institutions through speaking engagements, seminars and more, to engender interest in high-tech careers.

Canada's Top Employers for Young People selected Open Text on the basis of supportive programs in the categories of workforce demographics, benefit programs, and education & development. Open Text is one of 50 companies recognized as a Top Employer for 2010 as announced in the Globe and Mail's Report on Business today.

Headquartered in Waterloo, Ontario, Open Text has grown quickly over the last few years to become the largest independent ECM software company in the world. The company currently employs about 4,000 people globally, including approximately 1,000 across Canada. ECM helps large companies and government agencies manage huge stores of documents, email, videos and other content; improve information sharing and worker collaboration; and manage business processes and compliance rules that depend on information.

Since Open Text's IPO in 1996, the company has continued to thrive and was ranked 15th in Fortune Magazine's 2009 list of the 100 Fastest-Growing companies and 6th within the list's breakdown of fastest-growing tech companies. Today 100 million people worldwide use Open Text's software.

About Open Text

Open Text, the preeminent enterprise content management software solutions company, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 100 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.

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on the Open Text'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. Open Text's assumptions, although considered reasonable by the company at the date of this press release, may provide 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 the Open Text'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, Open Text 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 (C) 2010 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: Richard Maganini, Open Text Corporation, [phone], [email protected]; Stephanie Fazio, Open Text Corporation, [phone], [email protected]