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OpenText Announces New Products For Legal Tech Market


Enterprise Information Management Leader Announces New Cloud Application for Legal and a Growing Suite of Offerings for Legal Customers

WATERLOO, Ontario, Aug. 20, 2018 /PRNewswire/ -- OpenTexttm (NASDAQ: OTEX, TSX: OTEX), the global leader in Enterprise Information Management (EIM), today announced OpenTexttm Legal Center ? a cloud-based EIM application designed to integrate with OpenText eDOCS to manage client onboarding and document sharing. The company also announced a newly-aligned suite of products with strategic integrations to better serve the needs of the legal market. This enhanced focus will enable new and innovative solutions combining the industry's leading legal applications like eDOCS, Axcelerate, EnCase and Decisiv.

OpenText logo (PRNewsfoto/Open Text Corporation) (PRNewsfoto/Open Text Corporation)

OpenText customers include many of the largest agencies, firms and governments in the world. These customers need professional tools to securely manage, forensically collect, and intelligently review the most sensitive legal data for litigation, compliance, investigations, and more.

"Law firms, governments, and corporate legal departments must continually evaluate their processes to remain effective and competitive in a rapidly changing climate," said Mark J. Barrenechea, OpenText Vice Chair, CEO, and CTO. "OpenText is a leader in legal tech with solutions to help our customers manage the huge volumes of data they collect and generate, while incorporating the benefits of automation and AI. OpenText is committed to expanding our leadership in the legal tech field and helping our legal customers manage information and apply next-generation solutions to improve operational effectiveness, deliver insights, and maximize existing technology investments"

"With our acquisitions of Guidance Software and Recommind, OpenText has expanded and enhanced our solution set," continued Barrenechea. "Combining these solutions with our industry-leading EIM platform, new AI and ML capabilities, and our experienced professional services organizations allows OpenText to provide a range of solutions unmatched in the legal market today."

OpenText offers integrated products and services supporting the business practices, information management, electronic discovery reference model (EDRM) needs, and proactive compliance requirements of the legal industry. In rapidly evolving marketplace, OpenText solutions help clients:

During ILTACON 2018, OpenText will demonstrate the full portfolio of legal solutions, including:

OpenText will be present at booth 820 & 822, for more information visit http://campaigns.opentext.com/ILTACON2018

About OpenText
OpenText, The Information Companytm, enables organizations to gain insight through market leading information management solutions, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

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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 © 2018 Open Text. All rights reserved. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text or other respective owners.

 

SOURCE Open Text Corporation


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