Mr. Mark Barrenechea reports

OPENTEXT COMPLETES EIM SUITE ENHANCEMENTS TO DELIVER CUSTOMER SUCCESS IN THE DIGITAL-FIRST WORLD; SERVICE PACK 1 HAS IMPROVED USER EXPERIENCE, LOWERED COST OF OWNERSHIP, AND PROVIDED GREATER INTEGRATION ACROSS OPENTEXT EIM SUITES

Open Text Corp. has completed delivery of Service Pack 1 for its EIM (enterprise information management) suites. Announced at the company's 2014 Enterprise World event, the comprehensive upgrade is designed to reduce the total cost of ownership for customers, simplify installation, upgrade and deployment processes, and provide new functionality across each of Open Text's suites. Additionally, users get an improved, responsive mobile experience, and developers benefit from RESTful APIs (application programming interfaces) via the AppWorks developer platform.

"Having delivered these enhancements, we have enabled our customers with even more powerful solutions for their continued success," said Adam Howatson, chief marketing officer at Open Text. "Open Text EIM suites allow organizations to harness the power of the information that flows throughout the company to drive growth and innovation. We will continue to enhance and grow our solutions to enable our customers to compete and succeed in the ever-changing digital-first world."

Open Text's enhanced EIM suites provide a more compelling user experience. With a clean and simple interface, customers can deploy solutions that meet growing industry and enterprise needs. Highlights from the SP1 product enhancements include:

• Open Text Application Governance and Archiving 10.7 for Microsoft SharePoint -- Support for Office 365 as well as on-premise and hybrid SharePoint environments;
• Content Intelligence -- New solution that enables building of custom applications, views, dashboards and reports for Content Suite;
• E-mail management -- Interactive e-mail classification as well as support for Office 365;
• Open Text Business Center for SAP -- New solution that extracts data from incoming documents, and matches them with objects and business processes in SAP;
• Open Text Media Management 10.5 -- New, compelling HTML5-based user experience;
• Open Text Trading Grid analytics -- Delivers more value from customers' data using a new service for Trading Grid customers in the Open Text cloud;
• Secure MFT (managed file transfer) -- Enhancement enables secure transfer of large files with new compliance, performance and productivity enhancements;
• Process Suite 10.7 -- Introduced entity modelling to model organizations, and physical and logical business assets;
• Contract Center -- Application for the new Process Suite 10.7, Contract Center provides visibility and milestone tracking for all types of contracts in the enterprise.

Open Text's EIM platform enables organizations to discover and manage information to spur growth and innovation across their organizations, increasing time to competitive advantage. Available on premises and in the cloud, customers now have the flexibility of deploying the Service Pack 1 products in a way that allows them to take advantage of cloud benefits including lower cost of ownership, faster deployment times and subscription pricing. Consisting of five comprehensive and integrated product suites, the Open Text EIM platform provides the foundation for a cohesive information management strategy that leverages existing assets, meets urgent needs and establishes a fast path to the future.

We seek Safe Harbor.