OpenText Designated One of The Financial Post’s 10 Best Companies to Work For in 2012

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Special designation recognizes fast-growing companies in Canada that offer strong career advancement opportunities along with leading-edge employee programs

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OpenText is pleased to have been named a Top 10 Canadian employer on the basis of both company performance and our employee benefits

OpenText (NASDAQ: OTEX, TSX: OTC), Canada’s largest software company, has been named one of The Financial Post’s 10 Best Companies to Work For in the publication’s 2012 competition. The special designation recognizes fast-growing companies in Canada that offer strong career advancement opportunities along with leading-edge employee programs.

“OpenText is pleased to have been named a Top 10 Canadian employer on the basis of both company performance and our employee benefits,” said Tony Preston, Senior Vice-President Human Resources at OpenText. “It’s rewarding to receive this recognition, given that we strive to achieve top tier performance as a home-grown Canadian company.”

Companies are assessed in categories that include: physical workplace; work atmosphere and social; health, financial and family benefits; vacation & time off; employee communications; performance management; training and skills development; and community involvement.

Now entering its eighth year, The Financial Post’s 10 Best Companies to Work For is a subset of Canada’s Top 100 Employees competition and is limited to fast-growing private-sector employers that offer opportunities for rapid career advancement.

“Fast-growing employers are compared to other companies in their industry to determine which offers the most progressive and forward-thinking programs,” the competition website states.

The results of the competition were reported in a special supplement in The Financial Post on Feb. 1, which stated that a record 2,750 companies started the application process for the competition. Details on the selection process of all winners can be found at http://www.CanadasTop100.com/fp10.

In 2011, OpenText was named One of Canada's Top 100 Employers for 2012 and was ranked Canada's Top Software Company by Branham300.

OpenText is headquartered in Waterloo, Ontario, where it evolved from a University of Waterloo research project. The company now operates worldwide in an era where content management is critical to organizations.

Follow OpenText on Twitter @OpenText and on Facebook at http://www.facebook.com/opentext.

About OpenText
OpenText, a global ECM leader, helps organizations manage and gain the true value of their business content. OpenText brings two decades of expertise supporting 100 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit http://www.opentext.com.

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 © 2011 by OpenText Corporation, OPENTEXT and OPENTEXT eDOCS are trademarks or registered trademarks of OpenText 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 OpenText Corporation or other respective owners.

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Shelley Grandy
OpenText
905-866-2656
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Richard Maganini
OpenText
847-961-0662
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