Open Text Awarded 2010 SAP(R) Pinnacle Award

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May 19, 2010, 09:12 ET

Global Partner Awards Recognize SAP Partners that Made Exemplary Contributions to SAP's Ecosystem

WATERLOO, ON, May 19 /PRNewswire-FirstCall/ - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), the preeminent provider of enterprise content management (ECM) software, today announced that it has been awarded a 2010 SAP(R) Pinnacle Award in the category Global Software Solutions Partner of the Year. Pinnacle Awards are granted to leading SAP partners that have excelled in enhancing the customer experience, addressing critical issues such as accelerating co-innovation and improving return on investment. Winners were selected based on over 230 nominations in 27 categories received from partners and SAP employees. Open Text received the award at a special awards ceremony held on the eve of SAPPHIRE(R) NOW, SAP's international customer conference being held in Orlando, Fla. May 16 - 19.

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"The SAP Pinnacle Awards reflect the strong success we are seeing globally in helping customers in a wide range of sectors from energy to financial services to government agencies connect their content with SAP solutions," said Patrick Barnert, Vice President, SAP Solutions at Open Text. "The fact that we've now won an SAP Pinnacle Award three years running underscores that this is a highly effective partnership and that Open Text is committed to bringing real business results to customers. We look forward to even greater success in the coming year."

Open Text is an industry leader in ECM solutions for use with SAP applications, building on two decades of partnership and co-development, and expertise gained from delivering solutions to more than 3,000 SAP customer sites around the world. SAP has had great success reselling a number of Open Text solutions for document access, archiving and invoice management, among others, and the companies announced in February of this year an expansion of the agreement that enables SAP to resell Open Text Digital Asset Management as the SAP Digital Asset Management application by SAP (http://www.sap.com/about/newsroom/press.epx?PressID=12738).

Open Text's solutions for use with SAP applications are offered as part of the Open Text ECM Suite, which brings together the broad range of content management capabilities organizations need to securely and safely manage all types of enterprise information, documents, vital records, Web content, video, images, email, forms and reports across many different enterprise systems and applications.

"The SAP ecosystem, through our partners and communities, continuously drives growth and success for our joint customers," said S. Singh Mecker, Senior Vice President and head, Global Ecosystem and Partner Group, SAP. "Our partners play a vital role in SAP's innovation efforts and in helping customers meet their most essential business challenges. We applaud Open Text on its commitment and dedication to the SAP partnership. They have excelled in co-innovating with SAP to deliver unparalleled value and mutual business success to our joint customers."

More Information

To learn more about how ECM solutions deliver results, listen to World Kitchen's Vice President of Information Technology Randy Peterson discuss the integration of solutions from SAP and Open Text in a new Open Text News Podcast: http://podcast.opentext.com/public/channel/html/ot-ecm-news.htm. Headquartered in Chicago, World Kitchen manufactures consumer products in the housewares market, including the manufacture and sale of pots and pans, dinnerware, kitchen gadgets and cutlery. Major brands from World Kitchen include CorningWare, Pyrex, Corelle, EKCO and Chicago Cutlery.

To learn more about the Open Text ECM Suite for use with SAP solutions, go to: http://www.opentext.com/2/global/sol-products/sol-pro-extensions-sap.htm.

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(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 www.opentext.com.

SAP, SAPPHIRE and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.

All other product and service names mentioned are the trademarks of their respective companies.

Open Text Forward-looking Statement

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.

SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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. SAP, SAPPHIRE 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.

SOURCE Open Text Corporation