Open Text's Records Management Solutions Rated "Strong Positive" in Leading Analyst Firm Report

    Highest Possible Rating Among Vendors in Comprehensive Report

    CHICAGO, June 18 /CNW/ - Open Text(TM) Corporation (NASDAQ:   OTEX, TSX:
OTC), a global leader in enterprise content management (ECM), today announced
that it has received the highest rating possible, a "Strong Positive," in
analyst firm Gartner's 2008 "MarketScope for Records Management," report
published on May 20, 2008 and authored by Kenneth Chin. Gartner analyzed
records management market and software products from 11 major vendors.
    In its review of the records management market, Gartner forecasted a
strong five-year compound annual growth rate (CAGR) of 25 percent between 2008
and 2013, pegging the market today at about USD $400 million in 2007 revenue,
an increase of 30 percent from 2006. Gartner sees strong demand from large
enterprises, but also from government and midsize organizations over the
forecast period. Compliance, regulatory and legal/discovery issues continue to
be important in organizations' need for records management solutions.
    Among trends in the report, Gartner cited continued consolidation of
vendors and the bundling of records management products with enterprise
content management and archiving systems. Last fall, Open Text announced
Enterprise Library Services (,
which integrates its leading records management software with metadata
management, archiving and storage management for content across a range of
systems including SAP solutions, Microsoft Office SharePoint Server, email,
file systems and Open Text ECM solutions.

    Strong Positive Rating

    Gartner considers vendors receiving a "Strong Positive" rating to be "a
solid provider of strategic products, services and solutions," and suggests
that existing customers "continue investments," while potential customers
"consider this vendor a strong choice for strategic investments." Vendors are
rated along a five-step scale: Strong Positive, Positive, Promising, Caution
and Strong Negative. Gartner evaluates how each vendor measures against
criteria for the records management market.
    "The culture of compliance that has weighed on the minds of senior
management for the last few years continues in this era of electronic
discovery and litigation readiness," said Peter Lipps, Vice President &
General Manager, Enterprise Records Management Business at Open Text. "The
retention policies, extended metadata management and security of content
delivered by Records Management software play a central role in giving
companies the controls they need, as the source and form of corporate content
evolves in the increasingly collaborative global enterprise. We believe that
Gartner's 'Strong Positive' rating confirms our leadership in records
management. Open Text is committed to delivering superior records management
and compliance offerings, so that customers will have the tools they need to
meet not only the challenging legal and regulatory requirements they face, but
also to ensure consistency of retention and capture practices even as
innovative new content creation tools are adopted by Web 2.0 savvy business
    Open Text is a worldwide leader in records management, offering the
industry's most comprehensive set of solutions to extend records management
across the full range of content types stored in multiple systems, including
SAP, SharePoint, email, instant messaging, file systems, and Open Text content
repositories. Open Text's records management solutions are certified as
compliant with the U.S. Department of Defense 5015.2-STD requirements, United
Kingdom's TNA regulations and Australia's VERS regulations, all key standard
for records management software used in corporations and governments.
    To read Gartner's full "MarketScope for Records Management" report, go
to: For more
information on Open Text's records management solutions, go to:

    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
46,000 customers and millions of users in 114 countries. Working with our
customers and partners, we bring together leading Content Experts(TM) to help
organizations capture and preserve corporate memory, increase brand equity,
automate processes, mitigate risk, manage compliance and improve
competitiveness. For more information, visit
    The MarketScope is copyrighted 2008 by Gartner, Inc. and is reused with
permission. The MarketScope is an evaluation of a marketplace at and for a
specific time period. It depicts Gartner's analysis of how certain vendors
measure against criteria for that marketplace, as defined by Gartner. Gartner
does not endorse any vendor, product or service depicted in the MarketScope,
and does not advise technology users to select only those vendors with the
highest rating. Gartner disclaims all warranties, express or implied, with
respect to this research, including any warranties of merchantability or
fitness for a particular purpose.

    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, 2007. 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) 2008 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. SAP,
SAPPHIRE, SAP NetWeaver and all SAP logos are trademarks or registered
trademarks of SAP AG in Germany and in several 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: Richard Maganini, Open Text Corporation, (847)
267-9330 ext.4266,; Stephanie Dodge Fazio, Open Text
Corporation, (519) 888-7111 ext.2429,; Brian Edwards,
McKenzie Worldwide, (503) 577-4583,

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