Another great customer and the stock is still tanking...my exit at 24 is feeling good...
Lockheed Martin Chooses Livelink to Create Global Extranet
Livelink's Multiple Security Layers and Collaborative Capabilities Essential to a Successful Bid
WATERLOO, ON--(BUSINESS WIRE)--Feb. 17, 1999--Open Text Corporation (NASDAQ:OTEXF - news; TSE:OTC - news) announced today that Lockheed Martin Tactical Aircraft Systems has chosen Livelink, the industry's leading collaborative knowledge management solution, to manage its proposal to build the Joint Strike Fighter. Lockheed Martin, the leading manufacturer of military aircraft, including the F-16, and F-22, is implementing Livelink as an extranet application to coordinate its proposal with key partners and suppliers worldwide.
Previously, on the F-16 project, Lockheed Martin used a client-server document management system. For the new Joint Strike Fighter program, Lockheed Martin required a knowledge management application that
would enable all global suppliers and teaming partners to interact in a secure, Web-based environment, which automatically controlled versions via workflow, and encouraged collaboration and knowledge-sharing. Additionally, the workflow tool in Livelink allowed Lockheed Martin to automate many of the proposal tasks.
''With new users gaining access to Livelink every day, scalability is paramount. We plan to have thousands of users on our extranet in the next month and this number will grow exponentially as we incorporate workflow into a fully automated proposal process with all of our suppliers at the Engineering and Manufacturing Design (E&MD) phase of the program,'' said Graham Rutherford, Integrated Product Team Leader of Data Management for the Joint Strike Fighter of Lockheed Martin.
For the Joint Strike Fighter program, Lockheed Martin will use Livelink to collect design information for developing manufacturing concepts for the new Joint Strike Fighter aircraft from suppliers and partners around the world. Livelink's ability to provide secure document management is essential, enabling users to see only documents relevant to their part of the project. Maintaining tight security is crucial for what is considered the biggest defense procurement into the next century.
''Lockheed Martin had very explicit deployment, security and scalability requirements for their extranet project,'' said Dan Latendre, Vice President, Product Marketing, Open Text Corporation. ''We were able to meet Lockheed's stringent requirements because Livelink was specifically architected as a secure, 'out of the box', Web-based, enterprise solution. And as the Joint Strike Fighter project grows, Lockheed Martin will be able to easily scale its extranet, enabling full utilization of Livelink's Web-based
functionality.''
chris |
