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Open Text Corporation to Report Q4 and Year-End Fiscal 2001 Results on Wednesday August 15th

08/13/2001

Waterloo, ON - 2001-08-13 - Open Text Corporation (Nasdaq:OTEX)(TSE:OTC), a worldwide leader of collaborative commerce software, today announced that its results for the fourth quarter and year-end of fiscal 2001 will be released after the market close at 4:30 p.m. ET/1:30 p.m. PT on Wednesday, August 15.

Open Text invites the public to listen in on the Company's teleconference call concerning financial results for the fourth quarter and year-end of fiscal 2001 before the market opens on Thursday, August 16, 2001.

When: Thursday, August 16, 2001
  8:00 a.m. EST / 5:00 a.m. PST
Length: Approximately 45 minutes
Where: 416-620-2415


www.opentext.com/investor/investor_events/

This news release may contain forward-looking statements relating to the deployment of Livelink by customers, and future performance of Open Text Corporation. Forward-looking statements are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include, among others, risks involved in 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 and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the final prospectus for the Company's initial public offering of common stock in January 1996, Form 10-K for the years ended June 30, 1998, June 30, 1999, and June 30, 2000, and Form 10-Q for the quarters ended September 30, 2000, December 31, 2000 and March 31, 2001. Forward-looking statements 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.

Greg Secord
Open Text Corporation
+1-519-888-7111 ext.2408
gsecord@opentext.com