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Saudi Basic Industries Corporation (SABIC) Agrees to Deploy the OpenText ECM Suite

WATERLOO, ON Feb. 2

Europe Asia Middle East

Jos Linden, Global Program Manager at SABIC, said, "At SABIC we currently use a number of different document management solutions, but from a strategic point of view it is advisable to migrate to a single, centralised ECM solution. This will make sharing information easier, and ensure that we retain important know-how. Furthermore, use of a single, central solution will improve collaboration between offices around the world, which is increasingly important at an international company like SABIC.

"This is why SABIC decided to look for a supplier offering a central ECM solution," Linden said. "During our search we used a number of clearly defined selection criteria, including functionality, user-friendliness, flexibility, easy integration with existing SABIC IT systems and processes, possibilities for future development, a single-supplier relationship, a good relationship with the company, and the total cost of ownership. The OpenText ECM Suite met all the requirements and, in particular, because of their strategic alliances with SAP and Microsoft, we decided to enter into an agreement with OpenText. We consider the implementation of OpenText at SABIC one of the cornerstones of our global collaboration."

Ingrid Bosman

Neil Kinson Middle East Middle East Dubai

About OpenText
www.opentext.com

About SABIC

US$ 2.4 billion US$ 27 billion US$ 79.2 billion Saudi Arabia Europe USA India

Saudi Arabia Europe Asia Pacific

Riyadh Saudi Arabia

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on Open Text’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. Open Text’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 Open Text’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, Open Text disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

the United States of America Canada

SOURCE Open Text Corporation

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