Press Release

October 18, 2001

Research In Motion, Siemens and Clarica Executives; Intellectual Capital Management Expert to Address LiveLinkUp 2001

Waterloo, ON - Open Text™ Corporation (Nasdaq: OTEX, TSE: OTC), a worldwide leader in delivering collaborative commerce solutions, today announced the keynote speakers for its annual user conference, LiveLinkUp 2001, on November 5-9 at the Bellagio in Las Vegas. Jim Balsillie, chairman and co-CEO of Research In Motion (RIM) (Nasdaq: RIMM, TSE: RIM); Friedrich Froeschl, Ph.D., president and CEO of Siemens Business Services (NYSE: SI, XETRA: SIE); Hubert Saint-Onge, senior vice president of Clarica (TSE: CLI) and a widely recognized knowledge management expert; and Nick Bontis, Ph.D., director of the Institute for Intellectual Capital Research, will share their perspectives on the growing importance of and return on investment to be gained from collaborative business technologies.

With a "Celebration of Great Minds" as its theme, LiveLinkUp 2001 gathers users of Livelink®, Open Text's collaborative commerce and knowledge management platform and the world's most widely deployed solution of its kind. Balsillie, Bontis, Froeschl and Saint-Onge will explore a variety of topics with this audience from their unique perspectives as thought leaders on strategies to generate greater business efficiency and productivity through collaborative technology and more effective knowledge management.

The LiveLinkUp keynotes are scheduled as follows:

Hubert Saint-Onge, senior vice president, Clarica, Wednesday, November 7 - Hubert Saint-Onge has developed and implemented knowledge management strategies for large corporations for more than 20 years. By helping businesses such as Clarica, the Canadian Imperial Bank of Commerce and Shell Canada realize the full potential of their human assets, Saint-Onge is widely recognized as an authority on the management of intellectual capital. He will explore LiveLinkUp's first day theme-"Managing Intellectual Capital Through Virtual Teams"-from his unique hands-on business perspective. Saint-Onge is currently senior vice president, strategic capabilities for Clarica, one of Canada's largest insurance and financial services providers.

Nick Bontis, Ph.D., director, Institute for Intellectual Capital Research, Wednesday, November 7 - Nick Bontis will further explore LiveLinkUp's first-day theme as a leading researcher in the area of intellectual capital management. Dr. Bontis is a world-renowned expert on intellectual capital, organizational learning and knowledge management. He is also an award-winning professor of strategic management at McMaster University in Ontario and associate editor of the Journal of Intellectual Capital.

Jim Balsillie, chairman and co-CEO, RIM, Thursday, November 8 - Representing one of the world's most innovative developers of wireless solutions, Balsillie is ideally suited to elaborate on LiveLinkUp's second-day theme: "Extending the Reach of Your Great Minds." RIM provides solutions for seamless and remote access to time-sensitive information including email, messaging, Internet and intranet-based applications. Last year, Open Text and RIM launched a strategic alliance to integrate Livelink and RIM's BlackBerry™ wireless email solution, equipping mobile Livelink users with more dynamic collaboration capabilities.

Friedrich Froeschl, Ph.D., president and CEO of Siemens Business Services, Friday, November 9 - Froeschl will address LiveLinkUp attendees on a day focused on "Collaborating to Build Successful Application Solutions." Siemens, one of Open Text's largest customers, has adopted a sophisticated collaborative knowledge management strategy designed to make Siemens more efficient and productive by better leveraging the intellectual capital of its 460,000 employees worldwide. Froeschl will discuss Siemens "knowledge sharing" strategy and the role it plays in making Siemens a world leader in electrical engineering and electronics.

About LiveLinkUp 2001:

Open Text has tripled the size of this year's user conference agenda. LiveLinkUp 2001 will feature more than 200 compelling sessions, presentations by Open Text's senior management team, training programs, and product demonstrations focused on advanced applications and solutions based on Livelink. Attendees will have the opportunity to participate in technical discussions with the developers and designers of Livelink. The conference will also feature customized sessions focused on Open Text products including BASIS, Techlib, iRIMS, and many others. Open Text products are deployed in more than 4,500 enterprises representing 5 million users around the globe.

For additional information on LiveLinkUp 2001 and how to register, please visit www.opentext.com/registration or call 1-800-267-9975 ext. 5 (North America) or 613-596-2233 ext. 5 (other locations).

About Livelink:

Livelink is a highly collaborative commerce and knowledge management application. Its richly-featured enterprise services include virtual team collaboration, business process automation, enterprise group scheduling and information retrieval services, all tightly integrated into a solution that is easily customized and extended. Livelink is essential to the effective management and development of communities of interest that span organizations and industries. For everything from the creation of complex e-community relationships to the automation of simple e-business processes, Livelink delivers true dynamic collaboration between individuals, organizations, and large trading communities. Livelink servers are fully Web-based and open-architected to ensure rapid deployment and easy access to its full functionality through a standard Web browser. For more information, visit www.opentext.com/livelink/.

About Open Text:

Open Text provides collaborative commerce solutions for e-business that enable users to extend and build CRM, SCM and ERP applications and allow them to work together within and across organizations. Open Text has pioneered the development of innovative intranet, extranet and e-business applications. Since creating one of the first search engines to index the World Wide Web, the Company has remained at the forefront of Internet-based technologies. Its solution family called Livelink enables individuals, teams, organizations, and global trading communities to collaborate on e-business applications that facilitate e-commerce and other transactions among Global 2000 organizations. For more information, visit www.opentext.com.

This news release may contain forward-looking statements relating to the deployment of Livelink and Livelink Records Management 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.

Copyright © 2001 by Open Text Corporation. Livelink and Open Text are trademarks or registered trademarks of Open Text Corporation. This list is not exhaustive. Other product and company names herein may be trademarks of their respective owners. Research In Motion, RIM and BlackBerry are trademarks or registered trademarks of Research In Motion Limited.