Open Text tops list of Canadian Software Companies in 2009 Branham300 ranking

Issued by Global Research Partners for Open Text

Johannesburg, 07 Apr 2009

Open Text Corporation, a global leader in enterprise content management (ECM), today announced that it was ranked the largest Canadian software company in the Branham300, the well-known annual ranking of top ICT companies operating in Canada.

The Branham300 is published by the Branham Group, a leading Canadian industry analyst and strategic consulting firm, serving the global IT marketplace.

Entering its 16th year, the Branham300 ranks both Canadian and multinational ICT companies, and is widely considered to be a leading source of intelligence on Canada's ICT industry. To be considered for the rankings of Canadian firms, companies must be founded and headquartered in Canada, and corporate direction must be determined in Canada.

"The Branham300 shows again that Canada has a strong and vibrant tech sector," commented Open Text Chief Executive Officer John Shackleton. "We are excited to be recognised as Canada's leading software company in this year's listing. We have worked over more than two decades to build an industry leader in both ECM technology and expertise, trusted by some of the world's largest organisations to manage their most important information."

"Since first appearing on the Branham300 over 15 years ago, Open Text has consistently experienced significant revenue growth, allowing it to better its ranking year-after-year." added Wayne Gudbranson, President and Chief Executive Officer of Branham Group. "Their notable achievements over the course of 2008 have further solidified themselves as an industry leader and propelled them to the top ranked software company in the Canadian ICT industry."

Based in Waterloo, Open Text has grown fast over the last few years, to become the largest independent software company in the world that develops enterprise content management or ECM software. ECM helps large companies and government agencies manage huge stores of documents, e-mail, videos and other content, improve information sharing and worker collaboration, and manage business processes and compliance rules that depend on information. About 50 million people in 114 countries use Open Text's software. The company employs about 3 500 people around the world, including about 1 000 across Canada.

Open Text got its start in Waterloo, Ontario in the late 80s and early 90s when a group of University of Waterloo researchers were working on a project to convert the entire Oxford English Dictionary, all 60 million words, to electronic form, a major feat in the pre-Internet days. The work formed the basis for the Internet's first search engine technology, and it was soon adopted by Yahoo, one of Open Text's first customers. Open Text was officially founded in 1991 and went public in 1996.

For further information, please contact Rob Shaw: tel 083 626-3811, fax 086 646-4178, e-mail rshaw@opentext.co.za.

Open Text

Open Text, an enterprise software company and leader in enterprise content management, helps organisations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 50 million users in 114 countries. Working with our customers and partners, we bring together leading content experts and trade to help organisations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness.

In southern Africa, Open Text's business partners are Accenture, Business Connexion, Datacentrix, Lava Systems, IA Systems and SAP Africa; and, its customer base includes organisations from across both the private and public sectors such as Alexander Forbes, Anglo Platinum, BMW, Department of Environmental Affairs and Tourism, Distell, Engen, Exxaro Resources, Mittal Steel, Office of the President, Provincial Government of the Western Cape, SABMiller, Sasol, Telkom SA and Toyota.

Safe harbour 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 realised by customers, the company's position in the market and future opportunities therein, the deployment of Open Text ECM Suite 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, 2008. 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) 2009 by Open Text Corporation. OPEN TEXT 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 more information on Open Text, go to: http://www.opentext.com.

Editorial contacts