OpenText Appoints Kamran Kheirolomoom to Lead its BPM Business

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Sep 20, 2011, 09:30 ET

Brings Market Experience to Lead the Company's BPM and Dynamic Case Management Plans

WATERLOO, ON, Sept. 20, 2011 /PRNewswire/ - OpenText (NASDAQ: OTEX, TSX: OTC) announced today that it has named Kamran Kheirolomoom as Senior Vice President and General Manager of its BPM business, bringing recognized leadership and expertise in BPM and case management technologies.

Kheirolomoom, who joins the company from Serena Software, will be responsible for driving OpenText's aggressive strategy in BPM and dynamic case management solutions. OpenText has moved quickly this year to build a leading portfolio of BPM solutions, acquiring Metastorm in February and Global360 in July. The combination brings complementary capabilities, and accelerates the company's investment in leading content and process solutions. According to Gartner, the BPM market was $1.9 billion in 2009, growing 15 percent that year.

"Kamran brings the BPM industry experience and track record of success that's important to our customers and partners," said John Shackleton, President and Chief Executive Officer of Open Text. "He's joining us at just the right time to drive our go-forward strategy for BPM, bringing strong leadership, managerial and entrepreneurial skills to lead the team."

Kheirolomoom has over twenty five years of experience in the software and services industry with experience founding, transforming, and building successful companies. He has managed and led several early-stage start-ups and mid-stage enterprise software companies through various stages of growth and execution, and has led four BPM companies in his career, including one which was a precursor of Global360. At Serena Software, Kheirolomoom led the company's BPM business.

"OpenText has a strong vision for the future of content, process and case management technologies," said Kheirolomoom. "There are great opportunities for OpenText's BPM business, given the need among the large, global customers OpenText serves. I look forward to working with the BPM team to create powerful new solutions for customers, and a winning strategy that will help us succeed in the marketplace."

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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 © 2011 by OpenText Corporation. OPENTEXT is a trademark or registered trademark 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