from DSSResources.comOpen Text announces enhanced LegalKEY(R) Conflicts search offering for decision supportILTA '07, ORLANDO, FL, Aug. 21, 2007 - Open Text(TM) Corporation (NASDAQ: OTEX, TSX: OTC), the largest independent provider of enterprise content management (ECM) software and solutions, today announced a Web-based solution for enhanced conflicts searches that will allow partners and legal staff to conduct preliminary conflicts checks against the firm's comprehensive Open Text LegalKEY(R) practice support database. The new solution will help lawyers get the information they need to minimize a firm's risk when a potential client first contacts its office for legal services. For many firms, particularly larger ones with a global reach, different time zones can lead to delays in identifying potential conflicts of interest if the firm's conflicts staff are not available 24/7. When conflicts staff are not at hand, a preliminary check often falls on the shoulders of the partners who need to determine whether the law firm should even consider meeting with a potential new client without risking a conflict of interest or malpractice. This new offering, which Open Text is demonstrating this week at the International Legal Technology Association (ILTA) conference in Orlando, Florida, thoroughly searches all client, matter, and related party information against current, accurate and comprehensive data stored in the firm's LegalKEY Conflicts Management(TM) and Records Management(TM) databases, to ensure potential conflicts are identified. The solution helps law firms ensure that only the right business is undertaken, protecting its reputation and enabling the firm to do their best for their clients while maintaining the highest ethical standards. The highly intuitive LegalKEY Enhanced Conflicts Search interface is Web-based, which eliminates the need to install updates on each desktop, thereby ensuring that everybody in the firm is utilizing the most up-to-date software. "Open Text understands the challenges law firms face in wanting to take on new business as quickly as possible while ensuring that only the right business is undertaken. This new search tool for LegalKEY customers allows partners and non-conflicts staff to conduct an 'unofficial' check as soon as the firm is aware of a prospective new client or matter, to identify any potential conflicts," said Mohit Thawani, Business Development Manager, Open Text Legal Solutions Group. "This is yet another innovation in our continuing commitment to provide our law firm customers with leading edge proactive compliance capabilities." LegalKEY Enhanced Conflicts Search is designed to complement LegalKEY Conflicts Management, a comprehensive solution that enables a firm's conflicts department to conduct thorough conflict of interest searches against internal and external data sources, including Dun & Bradstreet(R) (D&B), D&B database subsets, or virtually any other third-party system, for example, the U.S. Treasury Department's Office of Foreign Asset Control/Specially Designated Nationals (OFAC/SDN) list helps ensure compliance with the U.S. Patriot Act and other regulatory legislation, for optimal firm protection. The Open Text portfolio for law firms includes a broad line of integrated matter lifecycle management and proactive compliance solutions, all tailored specifically to the way that information flows and is used in law firms. The end-to-end compliance platform satisfies the most stringent requirements. Attorneys and support staff can focus on matter-centric tasks, while compliance tools centralize and automate governance processes to manage work product throughout the matter lifecycle. For more information about Open Text legal solutions, visit: http://www.opentext.com/2/sol-industry/sol-ind-legal.htm. For more information about the International Legal Technology Association (ILTA)'s 30th Annual Educational Conference taking place August 20 - 23 at Grande Lakes Resort in Orlando, FL, visit: https://conference.iltanet.org/home.asp About Open Text Open Text(TM) is the world's largest independent provider of Enterprise Content Management software. The Company's solutions manage information for all types of business, compliance and industry requirements in the world's largest companies, government agencies and professional service firms. Open Text supports approximately 46,000 customers and millions of users in 114 countries and 12 languages. For more information about Open Text, 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 statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, 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, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2006. You should not place undue reliance upon any such forward-looking statements, which 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. Copyright (C) 2007 by Open Text Corporation. LIVELINK ECM and OPEN TEXT are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.
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