WATERLOO, ON, April 1 /PRNewswire-FirstCall/ -- Open Text(TM) (NASDAQ: OTEXNASDAQ:TSX:NASDAQ:OTC), a global leader in Enterprise Content Management (ECM), was ranked the largest Canadian software company in the Branham300, the well-known annual ranking of top information and communication technology (ICT) companies operating in Canada. The Branham300 is published by the Branham Group, a leading Canadian industry analyst and strategic consulting firm serving the global information technology marketplace. Entering its 16th year, the Branham300 ranks both Canadian and multinational ICT companies, and is widely considered to be a leading source of intelligence on Canada's ICT industry. To be considered for the rankings of Canadian firms, companies must be founded and headquartered in Canada, and corporate direction must be determined in Canada. "The Branham300 shows again that Canada has a strong and vibrant tech sector," said Open Text Chief Executive Officer John Shackleton. "We are excited to be recognized as Canada's leading software company in this year's listing. We have worked over more than two decades to build an industry leader in both ECM technology and expertise, trusted by the some of the world's largest organizations to manage their most important information." "Since first appearing on the Branham300 over 15 years ago, Open Text has consistently experienced significant revenue growth allowing it to better its ranking year-after-year," says Wayne Gudbranson, President and Chief Executive Officer of Branham Group Inc. "Their notable achievements over the course of 2008 have further solidified themselves as an industry leader and propelled them to the top ranked software company in the Canadian ICT industry." Based in Waterloo, Ontario, Open Text has grown fast over the last few years to become the largest independent software company in the world that develops enterprise content management or ECM software. ECM helps large companies and government agencies manage huge stores of documents, email, videos and other content, improve information sharing and worker collaboration, and manage business processes and compliance rules that depend on information. About 50 million people in 114 countries use Open Text's software. The company employs about 3,500 people around the world, including about 1,000 across Canada. Open Text got its start in Waterloo, Ontario in the late 80s and early 90s when a group of University of Waterloo researchers were working on a project to convert the entire Oxford English Dictionary - all 60 million words - to electronic form, a major feat in the pre-Internet days. The work formed the basis for the Internet's first search engine technology and it was soon adopted by Yahoo, one of Open Text's first customers. Open Text was officially founded in 1991 and went public in 1996. About Branham Group Branham Group assists information technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (eHealth, Outsourcing, Green IT and Wireless). Branham also produces an annual listing of the top information technology companies in Canada (http://www.branham300.com/), tracks the Canadian Outsourcing industry (http://www.branhamoutsourcing.com/) and monitors over 450 eHealth vendors. For more information regarding Branham Group, please visit http://www.branhamgroup.com/. About Open Text Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 50 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 http://www.opentext.com/. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 This news release may contain forward-looking statements relating to the success of any of the Company's strategic initiatives, the Company's growth and profitability prospects, the benefits of the Company's products to be realized by customers, the Company's position in the market and future opportunities therein, the deployment of the Open Text ECM Suite and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2008. You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change. Copyright (C) 2009 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. 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. DATASOURCE: Open Text Corporation CONTACT: Richard Maganini, Open Text Corporation, (847) 267-9330 ext.4266, ; Stephanie Fazio, Open Text Corporation, (519) 888-7111, x2429, ; Brian Edwards, McKenzie Worldwide, (503) 577-4583,

Copyright