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

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To: HVN who wrote (1003)12/17/1998 11:06:00 AM
From: Skywatcher  Read Replies (1) of 1195
 
Well, someone got excited yesterday and we hit the 52 week high...easily!
And now: They won't get much bigger than this if we hook the parent company!
Shell Deepwater Development Systems, Inc. Selects Open Text's Livelink for Global Extranet
WATERLOO, Ontario--(BUSINESS WIRE)--Dec. 16, 1998--Open Text Corporation (NASDAQ:OTEXF - news; TSE:OTC - news) today announced that Shell Deepwater Development Systems, Inc., (a unit of Royal Dutch Shell), has chosen Livelink to create a global extranet, improving knowledge sharing and collaboration for its global deep water development activities.
Livelink's Web-based design will not only enable Shell Deepwater Development Systems to connect employees but will also allow them to expand access to collaborate with partners, customers and suppliers
through a secure global extranet. As a result of Shell's Livelink pilot test, they were able to successfully complete a basis of design on a global project in record time.
''We are seeing more and more companies looking for global extranet solutions and Shell's choice of Livelink again illustrates the high market demand for a truly Web-based enterprise knowledge management
solution that securely links companies with their partners and customers,'' said Dan Latendre, Vice President, Product Marketing, Open Text Corporation. ''Livelink's enterprise scalability and secure
collaborative capabilities have made it the knowledge management standard for a rapidly growing number of the world's largest companies.''
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