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Technology Stocks : Open Text -- Ignore unavailable to you. Want to Upgrade?

To: James Joyce who wrote (1135)	6/14/1999 11:14:00 AM
From: Skywatcher	Respond to of 1195

Another great customer...not a huge conglomerate but one which has a high customer profile. KINKO's Kinko's Chooses Livelink to Manage Knowledge Enterprise-Wide Open Text's Livelink Reduces Distribution Costs by Eliminating Postage Expenses and Saving Time Required to Share Information CHICAGO--(BUSINESS WIRE)--June 14, 1999-- Open Text(tm) Corporation, (NASDAQ:OTEX - news; TSE:OTC - news) the leader in Web-based collaborative knowledge management software, today announced that Kinko's, Inc. has chosen Livelink to manage knowledge-sharing enterprise-wide. Kinko's, an international leader in the document copying and business services industry, is deploying Livelink to support corporate information distribution to co-workers around the world. Before installing Livelink, Kinko's relied on a mail and paper-based corporate distribution system. This system involved each Kinko's branch mailing information, such as updated phone directories or safety manuals, to corporate headquarters. The information would then be compiled into a weekly company report and mailed to each branch around the world. With Livelink, this same process takes place electronically, significantly increasing delivery speed of the information and eliminating the costs of printing and mailing reports worldwide. ''With Livelink, we have been introduced to a whole new way of doing business,'' said Bill Rowley, internet services manager, Kinko's, Inc. ''Deploying Livelink enterprise-wide has allowed us to substantially reduce distribution costs by eliminating our weekly shipping expenses and reducing the amount of paper we use.'' ''Kinko's improved efficiency and cost savings are just two examples of the benefits that can be realized when companies rethink their internal business processes,'' said Dan Latendre, Vice President, Product Marketing, Open Text Corporation. ''With Livelink enabling knowledge-sharing enterprise-wide, Kinko's is able to streamline internal communications and by extension, provide a more informed workforce and better customer service.'' About Kinko's Named in 1999 as one of Fortune magazine's top 100 companies to work for in America, Kinko's is a leading global retail provider of document copying and business services. It is a privately held corporation with more than 25,000 co-workers and operations in nine countries. For additional information, call 800/2-kinkos, or visit the company's Web site at www.kinkos.com. Chris