OpenText Alchemy Delivers Enhanced Document Capture, Workflow and Retention Capabilities for Small and Mid-Sized Enterprises

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Apr 18, 2012, 09:25 ET

Latest Version of Popular OpenText Document Server Solution Helps Increase Process Efficiencies, Mitigate Risk, Reduce Operational Costs

WATERLOO, ON, April 18, 2012 /PRNewswire/ - OpenText™ (NASDAQ: OTEX) (TSX: OTC) today announced the availability of OpenText Document Server, Alchemy Edition, version 9 (OpenText Alchemy), the latest version of OpenText's popular document management solution which helps small-to-medium-sized businesses and departments easily and affordably capture, store, access, distribute and archive business and transactional documents.

"Businesses of all sizes are being required to be accountable for an ever increasing number of documents being generated and received within their organization," said Matthew Brine, General Manager, OpenText Fax and Document Distribution. "OpenText Alchemy builds on the core tenets of simplicity, usability and reliability to deliver a range of new capabilities in a simple web interface that further streamlines the process of managing the entire data and document lifecycle, from capture to destruction."

Among the new features in OpenText Alchemy is OpenText's patented Single Click Entry technology, which allows users to rapidly index a wide variety of documents without pre-defined OCR templates or the need to invest in costly advanced document capture solutions. Unlike many capture products which focus on where data exists within a document, Single Click Entry users are asked to simply identify the format of the data. Once this occurs, Single Click Entry highlights those values for the user regardless of where the values appear or what kind of document they are found within. The user then simply clicks to confirm, so there is no manual keying, no separator sheets and far fewer errors in the data.

Document workflow allows businesses to easily route documents amongst users, further reducing the cycles associated with repetitive review and approval processes. Documents can also be automatically routed based on their metadata, further reducing process cycles and eliminating user errors.

OpenText Alchemy also now includes document retention, which helps companies with their own internal policies and external regulations by ensuring that company documents are retained or disposed of according to a set of defined business rules. These automated document archiving and destruction schedules help protect organizations against compliance and audit issues surrounding documents.

Simple to deploy and use, OpenText Alchemy greatly reduces the demand on IT Support resources by presenting business users with familiar, intuitive interfaces that help them quickly gain confidence storing, accessing and managing their organization's documents. By simplifying the entire document management process, OpenText Alchemy shortens the time to when businesses can begin reaping the benefits of cost reduction and process efficiencies.

Availability

OpenText Alchemy is available worldwide immediately directly through OpenText and through its global partner network. For more information, please visit: http://www.getdocumentmanagement.com and http://faxsolutions.opentext.com/alchemy-document-management.aspx.

Follow OpenText on Twitter @opentext and on Facebook at http://www.facebook.com/opentext. OpenText Fax Solutions can also be followed on Twitter @faxsolutions and on Facebook at http://www.facebook.com/OpenTextFaxSolutions.

About OpenText

OpenText, a global ECM leader, helps organizations manage and gain the true value of their business content. OpenText 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 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 © 2012 by OpenText Corporation. OPENTEXT and OPENTEXT ALCHEMY are trademarks or registered trademarks of OpenText 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 OpenText Corporation or other respective owners.

SOURCE Open Text Corporation