OpenText Named One of Canada's Top 100 Employers for the Fourth Consecutive Year

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Nov 04, 2014, 02:40 ET

WATERLOO, Ontario, Nov. 4, 2014 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), today announced it has been named as one of Canada's top 100 Employers for the fourth consecutive year. The award recognizes companies for implementing innovative and cost-effective initiatives that every employer in the country can adopt. With more than 35,000 companies invited to participate, OpenText was selected after an extensive application process that included a detailed review of its operations and HR practices compared to others in their industry and region.

"I am honoured to accept this recognition on behalf of our 8,000 global employees," said Mark J. Barrenechea, President and CEO, OpenText. "What makes software companies great, great software; who makes great software, great people. Our employees are our greatest asset and it is an operating imperative that we maintain an entrepreneurial culture and esprit de corps where they are empowered to take part in its success."

"From the small ripples that each employer's initiatives create, we can recognize a wave that represents the evolving values of the Canadian workplace," says Richard Yerema, Managing Editor at Mediacorp Canada Inc., which manages the competition. "Anyone wondering how leading Canadian employers are changing the employment landscape, need look no further than the hundred stories released this morning, chronicling the initiatives of this year's winners."

Now entering its 15th year, the Canada's Top 100 Employers project is a national competition to determine which employers lead their industries in offering exceptional workplaces for their employees. Employers are evaluated by the editors of Canada's Top 100 Employers using eight criteria, which have remained consistent since the project's inception: (1) Physical Workplace; (2) Work Atmosphere & Social; (3) Health, Financial & Family Benefits; (4) Vacation & Time Off; (5) Employee Communications; (6) Performance Management; (7) Training & Skills Development; and (8) Community Involvement. Employers are compared to other organizations in their field to determine which offers the most progressive and forward-thinking programs.

This year's Top 100 winners were announced in a special magazine co-published in the national edition of The Globe and Mail this morning. The full list of Canada's Top 100 Employers for 2015 is attached and the editors' detailed reasons for selection were released this morning at: http://www.CanadasTop100.com/national

Learn more about OpenText EIM:

Read Opentext CEO Mark Barrenechea's blog,
Connect with OpenText:
- Twitter: @opentext
- LinkedIn: www.linkedin.com/company/OpenText
- Facebook: www.facebook.com/opentext

About OpenText
OpenText is the leader in Enterprise Information Management, helping customers to create a Digital-First World by simplifying, transforming, and accelerating their information needs. Over 100,000 customers already use OpenText solutions, either on premises or in our cloud. For more information about OpenText (NASDAQ: OTEX; TSX: OTC), please 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 ©2014 Open Text Corporation. OpenText is a trademark or registered trademark of Open Text SA and/or Open Text ULC. 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 SA or other respective owners. All rights reserved. For more information, visit: http://www.opentext.com/2/global/site-copyright.html_SKU.

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SOURCE Open Text Corporation