Company's Support Will Create the Open Text Centre for Digital Media
  Research, Uniting Students, Educators and Professionals in Research and
                                 Innovation
Location in Arts Community of Stratford Will Bridge the Worlds of Business,
                            Art and the Internet

    WATERLOO, ON, March 27 /PRNewswire-FirstCall/ - Open Text(TM)
Corporation (NASDAQ: OTEX, TSX: OTC), a global leader in enterprise content
management (ECM), today announced a partnership with the University of
Waterloo to create one of the world's largest centres dedicated to research
and innovation in digital media and Web 2.0 for business, government and
cultural applications.

    Under the plan, Open Text will contribute funding, technology and
services for the development of the Open Text Centre for Digital Media
Research. As part of its commitment, Open Text will provide its executives
and thought leaders as contributing faculty, sharing their experience in
the classroom. The Centre will be dedicated to research projects and
commercialization of ground-breaking software applications, giving students
an opportunity to apply their ideas to real-world business opportunities.
Programs at the Centre will focus on creating graduates that combine
business knowledge, with computer science and artistic content creation.

    The Centre will be part of graduate and undergraduate programs offered
at the University's Stratford Institute, a proposed new centre for
education and research to be located in Stratford, Ontario, a well-known
art, music and theatre community. The location provides a unique setting
that will bring the worlds of business, art and the Internet together in an
environment focused on creating innovative new software applications.

    "From Facebook to YouTube to Wikipedia, we are witnessing a revolution
in the way consumers socialize, share knowledge and harness collective
intelligence," said Tom Jenkins, Executive Chairman and Chief Strategy
Officer for Open Text. "But we've only just begun. There's enormous
potential to build on what's been created so far, and apply these new
technologies to business, government and culture in new and exciting ways.
Through our partnership with the University of Waterloo, we're planting the
seeds of that innovation right here in the Waterloo Region."

    Jenkins adds, "The Open Text Centre will combine the experience and
knowledge of academic and business leaders with the energy and creativity
of a new generation. It gives Open Text a direct role in building a highly
skilled workforce and R&D leadership right here in our community, and helps
secure Waterloo's position as one of the world's top communities for
technology innovation."

    "By collaborating with Open Text, we are hoping to create an
institution that's recognized worldwide for discoveries that meet the needs
of the 21st century digital economy," said David Johnston, President of the
University of Waterloo. "Open Text's contribution will help accelerate
Ontario and Canada into a leadership position in digital media and Web
technologies."

    Today's news follows closely on the heels of Open Text's March 3
announcement of a broad strategy to deliver new social computing solutions
to customers (http://www.opentext.com/news/pr.html?id=2018). As part of its
plan, Open Text is extending its collaboration and Web solutions offerings
to deliver 2.0 capabilities, including wikis, forums, blogs, tagging,
moderation, communities and real-time collaboration, within an
organization's broader ECM strategy. Application of these new technologies
creates more engaging Web experiences, improves knowledge sharing and
collaboration, increases employee productivity and helps improve brand
loyalty and interaction.

    Tradition of Innovation

    Open Text's contribution is an extension of the company's long history
as an innovator in the software industry and of its roots in the University
of Waterloo. Open Text began on the University's campus in the late 80s
with a group of university researchers who 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, which was soon
adopted by Yahoo.

    Since then, Open Text has consistently developed leading technologies
in enterprise content management, and counts its staff as some of the
industry's leading experts. Open Text, which is headquartered in Waterloo,
is the largest software company in Canada with some 3,000 employees
worldwide.

    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 46,000 customers and millions of 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 Livelink and our other
products by customers, and future performance of Open Text Corporation.
Forward-looking statements may also include, without limitation, any
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time the statements are made, and the Company does not undertake any
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    Copyright (C) 2008 by Open Text Corporation. LIVELINK ECM and OPEN TEXT
are trademarks or registered trademarks of Open Text Corporation in the
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