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Open Text Reports Record Revenue for Fourth Quarter and Fiscal 2004

08/31/2004

Waterloo, ON - 2004-08-31 - Open Text Corporation (Nasdaq: OTEX; TSX: OTC), the world s largest provider of enterprise content management (ECM) software, today announced financial results for its fourth quarter and fiscal year ended June 30, 2004. (1)

Financial Highlights


















Guidance (2)






1. Open Text Acquires Vista Plus Product Suite from Quest Software





www.opentext.com/news/pr.html?id=1501

2. Open Text Acquires Digital Asset Management Vendor Artesia Technologies





www.opentext.com/news/pr.html?id=1490

3. Open Text and Siemens Business Services Announce European Alliance





www.opentext.com/news/pr.html?id=1483

4. Open Text Ranks High in Business 2.0's List of the 100 Fastest Growing Technology Companies





www.opentext.com/news/pr.html?id=1477

5. Open Text Listed in the Leader Quadrant in Smart Enterprise Suite 2004 Magic Quadrant





www.opentext.com/news/pr.html?id=1476






























Date: Tuesday, August 31, 2004
Time: 5:00 p.m. ET/2:00 p.m. PT
Length: 60 minutes, approximately
Where: 416-640-1907





www.opentext.com/events/event.html?id=35509


www.opentext.com/investor/quarterly_reports/index.html



©

©

Anne Marie K. Schwartz
Director, Investor Relations
Open Text Corporation
+1-617-378-3369
aschwartz@opentext.com

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