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Technology Stocks : Open Text

OTEX 34.56

-3.9%

Nov 7 9:30 AM EST

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To: Hewson who wrote (716)	3/10/1998 11:47:00 AM
From: Skywatcher	Read Replies (1) of 1195

TAKE A SEAT! along with all the others... You want numbers, today we have some numbers, impressive ones and glad to see the company taking advantage of the current publicity and awareness. Open Text's Livelink Intranet Installed Base Hits Historic Half-million Mark Eight-Fold Increase in Livelink Seats in Just One Year Validates Corporate Adoption of Intranets as Enterprise Application Platform for Managing Business CHICAGO--(BUSINESS WIRE)--March 10, 1998-- Open Text Corporation (NASDAQ:OTEXF - news)today announced that it has passed the half-million user mark worldwide with its industry-leading Livelink Intranet product. The number of Livelink seats has increased eight-fold, from 60,000 users one year ago, when IDC Corporation rated Open Text the market leader in Web-enabled document management. These results also corroborate a recent report by the Delphi Group, naming Open Text the market growth leader in collaborative knowledge management software. chris

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