May 2, 2019

OpenText Receives 2019 SAP® Pinnacle Award SAP Solution Extension Partner of the Year

WATERLOO, Ontario, May 2, 2019 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), a global leader in Enterprise Information Management (EIM), today announced that it has received a 2019 SAP® Pinnacle Award as the SAP Solution Extension Partner of the Year, which recognizes its outstanding contributions as an SAP partner. SAP presents these awards annually to the top partners that have excelled in developing and growing their partnership with SAP and helping customers run better. Winners and finalists in 30 categories were chosen based on recommendations from the SAP field, customer feedback and performance indicators.

OpenText logo (PRNewsfoto/Open Text Corporation) (PRNewsfoto/Open Text Corporation)

"To maintain a vibrant ecosystem around the intelligent enterprise, SAP focuses on our partners and their ability to provide greater value to our customers," said Bill McDermott, CEO of SAP. "Our partners – big and small – create innovative, inspiring solutions and services that make business better and help customers transform into intelligent enterprises. Congratulations to OpenText, and all of the SAP Pinnacle Award winners. Like the old saying goes: Teamwork makes the dream work. Thanks to our partners who help make it happen."

"OpenText and SAP have partnered for more than 25 years. Together we have thousands of customers and millions of end users who inspire new ways to work and deliver measurable business outcomes by integrating OpenText and SAP software," said OpenText CEO & CTO Mark J. Barrenechea. "We are honored to receive a Pinnacle Award for the 12th consecutive year, and even more excited to continue working together to help our mutual customers to transform into Industry 4.0."

The SAP Solution Extension Partner of the Year award recognizes an SAP partner for its development of an SAP Solution Extension as a leading-edge complementary software technology. The winning partner is selected on the basis of its technology innovation, market impact, and demonstration of customer impact.

OpenText has been an SAP solution extension partner for more than 10 years, delivering a breadth of leading solutions which are highly integrated to SAP solutions and deliver to SAP customers an information advantage – for today and into the future. OpenText continues to work with SAP to support key business initiatives, such as SAP S/4HANA® transformations, compelling customer experiences, immersive employee engagement and compliant control of all digital content.

SAP Pinnacle Awards shine a spotlight on SAP's partners' remarkable contributions, acknowledging their dedication to teamwork, innovative approach and capacity to challenge what is possible to help customers achieve their goals. Award winners will be formally recognized at the SAP Global Partner Summit in Orlando, Fla. on May 6. The SAP Global Partner Summit is held in conjunction with SAPPHIRE NOW® and ASUG Annual Conference, the largest global business technology event, hosted by SAP and ASUG May 7-9.

For more information on the SAP and OpenText partnership, click here or visit us at booth 642 during the SAPPHIRE NOW® and ASUG Annual Conference.

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

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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 © 2019 Open Text. All rights reserved. OpenText is a trademark or registered trademark of Open Text. 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 or other respective owners.

SAP, SAP S/4HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. All other product and service names mentioned are the trademarks of their respective companies. Please see http://www.sap.com/trademark for additional trademark information and notices.

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SOURCE Open Text Corporation

Austin DeArman, OpenText, 202-341-9181, publicrelations@opentext.com

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