WATERLOO, Ontario, Dec. 29, 2017 /CNW/ -- Open Text Corporation (NASDAQ: OTEX,TSX: OTEX), The Information Company™, today announced that it will be added to the S&P/TSX 60 Index prior to the open of trading on January 2, 2018. The S&P/TSX 60 Index is a stock index of 60 of the most valued companies in Canada listed on the Toronto Stock Exchange.
"The addition of OpenText to the S&P/TSX 60 Index reflects a significant milestone in our history," said Mark J. Barrenechea, OpenText Vice Chairman, CEO & CTO. "Our Enterprise Information Management (EIM) products and cloud offerings are well aligned to the digital transformation strategies of our global customers. With the addition of Artificial Intelligence, Security and the Internet of Things in our portfolio, the company has never been in a stronger position to meet the strategic needs of our customers."
Barrenechea further added, "At the foundation of OpenText is an unrelenting commitment to customer success, innovation and value creation. I would like to thank and congratulate all of our employees, customers and partners who have worked to grow the company to this milestone with dedication, pride, and a steadfast focus on our values."
For more information on the S&P/TSX Index, please visit: http://ca.spindices.com/indices/equity/sp-tsx-composite-index.
OpenText, The Information Company™, enables organizations to gain insight through market leading information systems, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX,TSX: OTEX) visit www.opentext.com.
Cautionary Statement Regarding Forward-Looking Statements
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 ©2017 Open Text. OpenText is a trademark or registered trademark of Open Text. 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. All rights reserved. For more information, visit: http://www.opentext.com/who-we-are/copyright-information.
SOURCE Open Text Corporation
For further information: Greg Secord, Vice President, Investor Relations, Open Text Corporation, 415-963-0825, [email protected], http://www.OpenText.com