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Technology Stocks : Open Text

OTEX 34.38

-4.4%

12:17 PM EST

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To: SlyWombat who wrote (805)	5/12/1998 11:02:00 AM
From: Skywatcher	Read Replies (3) of 1195

Products must be good...here's a great news and client report from IDC an independent analysis company. IDC Reports Open Text's Livelink Intranet Delivers 201 Per Cent Return on Investment for OSRAM ANAHEIM, Calif.--(BUSINESS WIRE)--May 12, 1998--Open Text Corporation (NASDAQ:OTEXF -news) today announced the findings of an International Data Corporation (IDC) study which reveal a 201 per cent return on investment from the use of Livelink Intranet at OSRAM GmbH. OSRAM, based in Germany, is a leading international lamp manufacturer and a subsidiary of Siemens AG. ''We are quite impressed with the results of this study, which reinforce the positive impact Livelink continues to deliver in Global 2000 companies,'' said Abe Kleinfeld, Senior Vice-President, Marketing, Open Text Corporation. ''An ROI of 201 per cent is a significant indicator of the benefits that Livelink's industry-leading collaborative knowledge management capabilities can have on a company's bottom line.''

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