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Technology Stocks : Open Text
OTEX 38.35+1.2%Oct 31 9:30 AM EDT

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To: White Shoes who wrote (1133)6/8/1999 12:10:00 PM
From: Skywatcher  Read Replies (1) of 1195
 
Parsons Selects Open Text for Enterprise-Wide Intranet and Global
Extranet
Livelink increases industry-leading engineering organization's competitiveness by linking its employees enterprise-wide
CHICAGO--(BUSINESS WIRE)--June 8, 1999-- Open Text(TM) Corporation (NASDAQ:OTEX - news; TSE:OTC - news), the worldwide leader of Web-based collaborative knowledge management application software, announced today that Parsons Corporation, one of the world's largest, full-service engineering, procurement and construction organizations, has chosen Livelink® to manage its enterprise-wide intranet and global extranet.
Livelink will enable Parsons' employees in offices around the world to share knowledge for the development of proposals, establishing standards or reviewing drawings online. The large number of complex documents drafted and revised both internally and externally created the need for a knowledge management solution that provides users access to all pertinent documents.
Hayes Latin, Information Systems Senior Project Manager with Perot Systems Corporation (NYSE:PER - news), Parsons' information technology services firm, said: ''With Livelink, Parsons has one Web- basedrepository that allows employees to collaborate, reducing the time it takes to create proposals by replicating best practices online. Livelink enables Parsons to be more competitive by centralizing resources and saving valuable time.''
The implementation of Livelink will also manage a global extranet, which will permit thousands of Parsons' partners worldwide to collaborate on joint-venture projects. As construction projects are
established, engineers can communicate and share documents with co-workers and partners from the work site via the extranet.
''By implementing the Web-based technology of Livelink, Parsons is accelerating its innovation process,'' said John Shackleton, President, Open Text Corporation. ''Constant collaboration is vital to Parsons operations and Livelink provides the infrastructure essential to accelerating innovation at the individual, group and partner level. Livelink gives Parsons a corporate agility which enables them to stay ahead of their knowledge management demands in order to meet rapidly changing business challenges.''
About Parsons
Parsons is one of the world's largest, full-service engineering, procurement and construction organizations. The company is a recognized leader in many diverse markets including power,
petroleum/chemical, industrial, water, environmental, aviation, transportation, infrastructure, federal, commercial/entertainment, and community and recreational development. Additional information about
Parsons Corporation is available on the World Wide Web at www.parsons.com.
chris
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